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Latvia vs South Korea statistics compared

Updated on by Georank team

Latvia has a population of 1.87M (ranked 149/197), compared with 51.8M in South Korea (ranked 29/197). Latvia's land area is 24,027 sq mi versus 37,684 sq mi for South Korea (ranked 121st vs. 105th).

By GDP, Latvia ranks 99/197 ($43.7B) and South Korea ranks 12/197 ($1.88T). By GDP per capita, Latvia ranks 54/197 ($23,409), while South Korea ranks 31/197 ($36,239).

Main facts and rankings

Latvia South Korea
Population
1829763
51649918
Population rank 149/197 31/197
GDP
$43.7B
2024
$1.88T
2024
GDP rank 99/197 12/197
GDP per capita
$23,409
2024
$36,239
2024
GDP per capita rank 54/197 31/197
GDP per capita, PPP
$43,394
2024
$61,051
2024
Government debt
$20.4B
2024
$934B
2024
Debt-to-GDP ratio
46.8%
2024
49.8%
2024
Government debt per person
$10,945
2024
$18,052
2024
Government debt per person rank 53/185 33/185
Average annual personal income after taxes
$17,033
2026
$27,215
2026
Land area 24,027 sq mi 37,684 sq mi
Population density
76.2 ppl/mi²
2026
1,371 ppl/mi²
2026
Fertility rate
1.36
2023
0.72
2023
Median age
44.3 years
2024
46.1 years
2024
Life expectancy
76.6 years
2026
84.6 years
2026

Latvia and South Korea: Comparison Charts

Latvia and South Korea economies compared

GDP
Latvia

South Korea
1x
Year GDP
Latvia South Korea
2024 $43,684,254,432 $1,875,388,209,407
2023 $42,779,550,937 $1,844,800,934,392
2022 $38,003,198,509 $1,799,363,116,867
2021 $38,183,326,785 $1,942,313,560,966
2020 $33,379,927,435 $1,744,070,276,373
2019 $33,099,503,951 $1,751,045,752,055
2018 $33,247,935,477 $1,824,251,454,307
2017 $29,391,059,767 $1,710,196,756,713
2016 $27,117,105,060 $1,579,150,518,945
2015 $26,344,565,877 $1,539,212,301,136
2014 $30,277,203,767 $1,556,252,422,020
2013 $29,152,128,168 $1,434,669,686,502
2012 $27,116,149,949 $1,335,343,586,438
2011 $26,575,547,901 $1,307,103,477,219
2010 $23,468,324,572 $1,192,830,015,738
2009 $25,691,530,442 $983,065,242,417
2008 $34,135,200,994 $1,091,580,692,542
2007 $29,420,499,248 $1,220,911,904,593
2006 $20,434,922,247 $1,095,175,538,508
2005 $16,306,935,905 $971,740,329,984
2004 $13,827,070,379 $823,251,107,639
2003 $11,244,337,720 $728,516,494,684
2002 $9,249,030,241 $650,014,391,470
2001 $8,190,888,740 $567,564,806,235
2000 $7,761,252,607 $597,487,173,479
1999 $7,324,192,890 $515,697,079,289
1998 $6,974,112,951 $397,297,216,492
1997 $6,349,481,007 $589,202,526,424
1996 $5,799,465,288 $631,196,863,758
1995 $5,608,208,785 $586,286,469,401
1994 - $479,181,794,217
1993 - $405,705,302,846
1992 - $366,921,291,825
1991 - $340,851,946,804
1990 - $292,064,221,389
1989 - $254,236,243,100
1988 - $205,477,530,605
1987 - $152,240,393,646
1986 - $119,965,960,795
1985 - $103,764,281,281
1984 - $99,749,645,089
1983 - $89,621,208,322
1982 - $79,921,300,447
1981 - $74,287,368,087
1980 - $66,547,970,351
1979 - $68,083,884,298
1978 - $52,824,793,388
1977 - $39,064,462,810
1976 - $30,371,074,380
1975 - $22,126,033,058
1974 - $19,860,929,977
1973 - $14,067,523,813
1972 - $10,990,490,570
1971 - $10,005,257,131
1970 - $9,085,001,794
1969 - $7,743,940,189
1968 - $6,167,109,472
1967 - $4,895,076,718
1966 - $3,957,064,541
1965 - $3,141,131,708
1964 - $3,476,789,682
1963 - $4,007,692,308
1962 - $2,826,923,077
1961 - $2,427,244,761
1960 - $3,973,069,307

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/south-korea | CC BY

Latvia and South Korea economies compared

GDP per capita
Latvia

South Korea
1x
Year GDP per capita
Latvia South Korea
2024 $23,409 $36,239
2023 $22,710 $35,674
2022 $20,221 $34,822
2021 $20,262 $37,518
2020 $17,564 $33,646
2019 $17,295 $33,827
2018 $17,252 $35,364
2017 $15,132 $33,297
2016 $13,839 $30,832
2015 $13,322 $30,172
2014 $15,186 $30,667
2013 $14,484 $28,449
2012 $13,329 $26,601
2011 $12,903 $26,175
2010 $11,188 $24,071
2009 $11,996 $19,937
2008 $15,678 $22,252
2007 $13,371 $25,078
2006 $9,212 $22,610
2005 $7,284 $20,167
2004 $6,110 $17,122
2003 $4,915 $15,212
2002 $4,004 $13,643
2001 $3,505 $11,981
2000 $3,278 $12,710
1999 $3,064 $11,063
1998 $2,894 $8,583
1997 $2,610 $12,822
1996 $2,360 $13,865
1995 $2,257 $13,002
1994 - $10,734
1993 - $9,180
1992 - $8,387
1991 - $7,873
1990 - $6,813
1989 - $5,989
1988 - $4,889
1987 - $3,658
1986 - $2,911
1985 - $2,543
1984 - $2,469
1983 - $2,246
1982 - $2,032
1981 - $1,918
1980 - $1,746
1979 - $1,814
1978 - $1,429
1977 - $1,073
1976 - $847
1975 - $627
1974 - $572
1973 - $412
1972 - $328
1971 - $304
1970 - $281.8
1969 - $245.5
1968 - $200
1967 - $162.5
1966 - $134.4
1965 - $109.4
1964 - $124.2
1963 - $147
1962 - $106.6
1961 - $94.2
1960 - $158.8

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/south-korea | CC BY

Latvia vs. South Korea life expectancy calculator

Life expectancy
Latvia

South Korea
1x
Year Life expectancy, years
Latvia South Korea
2026 76.6 84.6
2025 76.5 84.5
2024 76.3 84.4
2023 76.2 84.3
2022 74.9 82.7
2021 73.2 83.9
2020 75.5 83.7
2019 75.6 83.7
2018 75 83.3
2017 74.8 83.3
2016 74.8 82.9
2015 74.7 82.5
2014 74.3 82.4
2013 74.2 81.8
2012 73.9 81.3
2011 73.7 81.2
2010 73 80.7
2009 72.7 80.6
2008 72 80
2007 70.8 79.4
2006 70.6 79
2005 70.6 78.4
2004 70.9 78
2003 70.6 77.5
2002 70.2 77.2
2001 69.9 76.9
2000 70.2 76.2
1999 69.6 75.6
1998 68.9 75
1997 69.2 74.5
1996 68.6 74
1995 66 73.4
1994 65.2 72.9
1993 66.6 72.7
1992 68.5 72.2
1991 69.2 71.4
1990 69.5 71
1989 70.4 70.7
1988 70.9 70.2
1987 71 69.3
1986 71 69
1985 69.6 68.4
1984 69.4 68.1
1983 69.4 66.7
1982 69.6 67.1
1981 69.1 67.1
1980 69.1 64.8
1979 68.8 66.1
1978 69.3 65
1977 69.4 64.6
1976 69.4 65
1975 69.3 64.7
1974 70.1 64.2
1973 70.2 63.8
1972 70.3 63.2
1971 70.6 62.7
1970 70.2 62.2
1969 70.2 61.4
1968 70.5 60.9
1967 70.9 60.9
1966 71.2 55.4
1965 71.2 55.8
1964 71.5 55.3
1963 70.3 55
1962 69.9 55
1961 70.5 54.4
1960 70.3 53.8
1959 69.5 52.9
1958 68.9 51.8
1957 68.3 51.6
1956 67.6 50.2
1955 67.1 48.4
1954 66.7 46.1
1953 66.2 40.5
1952 65.7 36.6
1951 65.2 26.6
1950 64.6 22.2

Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10).

GeoRank.org/facts/latvia/south-korea | CC BY

Latvia and South Korea population clocks and comparison

Population
Latvia

South Korea
1x
Year Population
Latvia South Korea
2024 1,866,124 51,751,065
2023 1,883,710 51,712,619
2022 1,879,383 51,672,569
2021 1,884,490 51,769,539
2020 1,900,449 51,836,239
2019 1,913,822 51,764,822
2018 1,927,174 51,585,058
2017 1,942,248 51,361,911
2016 1,959,537 51,217,803
2015 1,977,527 51,014,947
2014 1,993,782 50,746,659
2013 2,012,647 50,428,893
2012 2,034,319 50,199,853
2011 2,059,709 49,936,638
2010 2,097,555 49,554,112
2009 2,141,669 49,307,835
2008 2,177,322 49,054,708
2007 2,200,325 48,683,638
2006 2,218,357 48,438,292
2005 2,238,799 48,184,561
2004 2,263,122 48,082,519
2003 2,287,955 47,892,330
2002 2,310,173 47,644,736
2001 2,337,170 47,370,164
2000 2,367,550 47,008,111
1999 2,390,482 46,616,677
1998 2,410,019 46,286,503
1997 2,432,851 45,953,580
1996 2,457,222 45,524,681
1995 2,485,056 45,092,991
1994 2,520,742 44,641,540
1993 2,563,290 44,194,628
1992 2,614,338 43,747,962
1991 2,650,581 43,295,704
1990 2,663,151 42,869,283
1989 2,666,955 42,449,038
1988 2,653,434 42,031,247
1987 2,626,583 41,621,690
1986 2,599,892 41,213,674
1985 2,578,873 40,805,744
1984 2,562,047 40,405,956
1983 2,546,011 39,910,403
1982 2,531,080 39,326,352
1981 2,519,421 38,723,248
1980 2,511,701 38,123,775
1979 2,505,953 37,534,236
1978 2,497,921 36,969,185
1977 2,485,073 36,411,795
1976 2,470,989 35,848,523
1975 2,456,130 35,280,725
1974 2,437,186 34,692,266
1973 2,415,819 34,103,149
1972 2,395,674 33,505,406
1971 2,376,389 32,882,704
1970 2,359,164 32,240,827
1969 2,343,173 31,544,266
1968 2,323,619 30,838,302
1967 2,301,220 30,130,983
1966 2,283,217 29,435,571
1965 2,265,919 28,704,674
1964 2,240,623 27,984,155
1963 2,210,919 27,261,747
1962 2,181,586 26,513,030
1961 2,152,681 25,765,673
1960 2,120,979 25,012,374

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/south-korea | CC BY

Fertility rates in Latvia and South Korea

Fertility rate
Latvia

South Korea
1x
Year Fertility rate
Latvia South Korea
2023 1.36 0.72
2022 1.47 0.78
2021 1.57 0.81
2020 1.55 0.84
2019 1.61 0.92
2018 1.6 0.98
2017 1.69 1.05
2016 1.74 1.17
2015 1.7 1.24
2014 1.65 1.21
2013 1.52 1.19
2012 1.44 1.3
2011 1.33 1.24
2010 1.36 1.23
2009 1.46 1.15
2008 1.58 1.19
2007 1.54 1.26
2006 1.46 1.13
2005 1.39 1.09
2004 1.29 1.16
2003 1.32 1.19
2002 1.26 1.18
2001 1.22 1.31
2000 1.25 1.48
1999 1.16 1.43
1998 1.09 1.46
1997 1.11 1.54
1996 1.16 1.57
1995 1.25 1.63
1994 1.39 1.66
1993 1.51 1.65
1992 1.73 1.76
1991 1.86 1.71
1990 2.02 1.57
1989 2.05 1.56
1988 2.11 1.55
1987 2.15 1.53
1986 2.12 1.58
1985 2.08 1.66
1984 2.09 1.74
1983 2.07 2.06
1982 1.97 2.39
1981 1.88 2.57
1980 1.86 2.82
1979 1.87 2.9
1978 1.87 2.64
1977 1.89 2.99
1976 1.93 3
1975 1.96 3.43
1974 1.97 3.77
1973 1.98 4.07
1972 2 4.12
1971 2 4.54
1970 1.96 4.53
1969 1.88 4.45
1968 1.83 4.51
1967 1.8 4.62
1966 1.76 4.78
1965 1.74 4.89
1964 1.79 5.07
1963 1.85 5.33
1962 1.91 5.56
1961 1.94 5.8
1960 1.94 5.99

Data sources: World Bank | Health (1960–2023, retrieved 2026-04-06).

GeoRank.org/facts/latvia/south-korea | CC BY

Latvia and South Korea demographics compared

Median age
Latvia

South Korea
1x
Year Median age, years
Latvia South Korea
2024 44.3 46.1
2023 44.1 45.5
2022 44 44.9
2021 43.9 44.4
2020 43.8 43.8
2019 43.6 43.1
2018 43.4 42.5
2017 43.2 41.9
2016 43 41.4
2015 42.8 40.8
2014 42.5 40.2
2013 42.3 39.5
2012 42 38.8
2011 41.6 38.2
2010 41.1 37.6
2009 40.5 37
2008 40.1 36.4
2007 39.9 35.8
2006 39.7 35.2
2005 39.4 34.5
2004 39.2 33.9
2003 38.9 33.4
2002 38.6 32.8
2001 38.3 32.3
2000 37.9 31.7
1999 37.6 31.2
1998 37.3 30.7
1997 36.9 30.2
1996 36.6 29.8
1995 36.2 29.4
1994 36 28.9
1993 35.6 28.3
1992 35.2 27.8
1991 34.8 27.2
1990 34.6 26.7
1989 34.5 26.3
1988 34.6 25.8
1987 34.6 25.3
1986 34.7 24.8
1985 34.7 24.2
1984 34.7 23.7
1983 34.6 23.3
1982 34.7 22.8
1981 34.8 22.5
1980 34.9 22.1
1979 35.1 21.6
1978 35.1 21.1
1977 35.1 20.7
1976 35 20.2
1975 34.9 19.9
1974 34.7 19.6
1973 34.6 19.3
1972 34.5 19.1
1971 34.3 19
1970 34.2 18.9
1969 34.1 18.8
1968 34 18.7
1967 33.8 18.6
1966 33.5 18.5
1965 33.2 18.6
1964 33 18.8
1963 32.8 19
1962 32.6 19.1
1961 32.4 19.2
1960 32.3 19.3

Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).

GeoRank.org/facts/latvia/south-korea | CC BY

Interactive Maps

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National statistics comparison

Finance

Latvia South Korea
GNI, Atlas method
$40.4B
2024
$1.9T
2024
Government expenditure, % of GDP
44.5%
2024
22.5%
2024
Education expenditure, % of GDP
4.32%
2022
5.81%
2022
Military expenditure, % of GDP
3.26%
2024
2.56%
2024
Armed forces personnel
9,000
2020
569,000
2020
Deficit/surplus, % of GDP
-1.82%
2024
-0.78%
2024
Unemployment rate
6.88%
2024
2.78%
2024
Services, % of GDP
64.6%
2024
57.5%
2024
Industry, % of GDP
18.5%
2024
33.9%
2024
Economic freedom index
71.6
2026
73.7
2026
Income share by richest 10%
26.2%
2023
24.6%
2021
Income share by poorest 10%
2.6%
2023
2.9%
2021
Number of millionaires n/a
1,301,000
2025
Percentage of millionaires n/a
2.96%
2025
Number of billionaires n/a
30
2025
Percentage of billionaires n/a
0.00007%
2025
Listed domestic companies
56
2003
2,599
2024
Market capitalization of domestic companies n/a
$1.56T
2024
Total reserves including gold
$5.14B
2024
$418B
2024
Personal remittances received
$1.34B
2024
$7.45B
2024
International tourist arrivals
3,204,000
2020
2,519,000
2020
International tourism as share of exports
7.25%
2007
1.94%
2020
Banked people share
95%
2024
96.9%
2024

Energy

Latvia South Korea
Energy use, kg of oil equivalent per capita
2,240 kg
2023
5,337 kg
2023
GDP PPP per kg equivalent of energy use
$19
2023
$10.8
2023
Carbon dioxide (CO2) emissions
6.81 megatons
2024
588 megatons
2024
CO2 emissions per capita
3.65 tons
2024
11.4 tons
2024
Fossil fuel energy use share
47.8%
2023
79.1%
2023
Renewable energy use share
44%
2021
3.6%
2021
Alternative and nuclear energy use share
8.79%
2023
18.5%
2023
Net energy imports use share
34.3%
2023
84.6%
2023
Electric power consumption per capita
3,617 kWh
2023
11,426 kWh
2023
Renewable electricity output share
63.6%
2021
6.59%
2021
Hydroelectric share
59.4%
2023
1.23%
2023
Nuclear share
0%
2021
29.6%
2023
Electricity access
100%
2023
100%
2023

Society

Latvia South Korea
% of world population
0.02%
2024
0.64%
2024
Annual migration change
-7,330
2025
+65,731
2025
Urban population
68.5%
2024
81.2%
2024
Male:Female ratio
46.4:53.6
2024
49.9:50.1
2024
Average male height
5.94 ft
2025
5.76 ft
2025
Average female height
5.54 ft
2025
5.35 ft
2025
Quality of life index
75.4
2026
87.4
2026
Corruption Perceptions Index
60
2025
63
2025
Higher education index
70
2026
86
2026
Homicides per 100K people
2.5
2023
0.48
2023
Road traffic mortality per 100K people
8.1
2019
8.6
2019
Visa free countries
171
2025
172
2025
Adult literacy rate
99.9%
2021
98.8%
2018
English speaking
45.9%
2023
20%
2025
People using the Internet
92.7%
2024
97.9%
2024

Health

Latvia South Korea
Government health expenditure per capita
$1,645
2023
$3,137
2024
Out-of-pocket health expenditure per capita
$577
2023
$1,058
2024
Life expectancy
76.6 years
2026
84.6 years
2026
Foreign aid share of health expenditure
0.14%
2023
0%
2023
Physicians per 1,000 people
3.4
2022
2.61
2022
Age at first childbirth
28 years
2023
32.2 years
2025
Maternal mortality per 100K births
19
2023
4
2023
Mortality rate before reaching 5 years of age
3
2023
2.8
2023
Obesity rate
24.9%
2022
7.24%
2022
Diabetes prevalence
7.1%
2024
9.6%
2024
Air quality index
75
2026
46
2026
Tobacco use prevalence
33.9%
2022
20%
2022
Pure alcohol consumption per capita
12.9 liters
2020
7.79 liters
2020

Territory

Latvia South Korea
% of world land
0.04%
2026
0.07%
2026
Land area per capita
12,875 sq mi
2024
728 sq mi
2024
Agricultural land area
7,610 sq mi
2026
6,054 sq mi
2026
Forest area
13,214 sq mi
2026
24,158 sq mi
2026
Roads length n/a
68,794 mi
2018

In-depth comparisons

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (2000–2025, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. World Obesity Federation (2022, retrieved 2026-02-08)
  8. Passport Index (2025, retrieved 2026-02-08)
  9. Transparency International (2025, retrieved 2026-02-10)
  10. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  11. EduRank (2026, retrieved 2025-10-13)
  12. United Nations Economic Commission for Europe (UNECE) (2023, retrieved 2026-03-10)

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