Latvia vs Finland Country Comparison
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Comparative Statistics (Latvia vs Finland)
ⓘ When data for the selected year is missing, the closest prior year with data is used instead. Whenever the two countries' data points are 5+ years apart those indicators are excluded from the total score.
Finland leads against Latvia in 10 of 11 comparable indicators, while Latvia leads in 1. Latvia's strongest global position is 29th (2023) in Regulatory Quality: Estimate. Finland's strongest global position is 1st (2023) in Rule of Law: Estimate.
- Finland wins against Latvia in GDP growth (annual %): 0.42 (2024, ranked 187th) vs -0.05 (2024, ranked 192nd).
- Finland wins against Latvia in GDP per capita, PPP (constant 2021 international $): 56,123.15 (2024, ranked 31st) vs 37,611.67 (2024, ranked 57th).
- Finland wins against Latvia in Gini index: 27.40 (2023, ranked 25th) vs 34 (2023, ranked 86th).
- Finland wins against Latvia in Individuals using the Internet (% of population): 93.72 (2024, ranked 43rd) vs 92.71 (2024, ranked 50th).
- Finland wins against Latvia in Life expectancy at birth, total (years): 82.34 (2024, ranked 30th) vs 76.43 (2024, ranked 95th).
- Finland wins against Latvia in Lower secondary completion rate, total (% of relevant age group): 97.85 (2024, ranked 45th) vs 93.30 (2024, ranked 80th).
- Latvia wins against Finland in Unemployment, total (% of total labor force) (modeled ILO estimate): 6.57 (2025, ranked 120th) vs 9.46 (2025, ranked 149th).
- Finland wins against Latvia in Regulatory Quality: Estimate: 1.77 (2023, ranked 8th) vs 1.17 (2023, ranked 29th).
- Finland wins against Latvia in Control of Corruption: Estimate: 2.22 (2023, ranked 2nd) vs 0.70 (2023, ranked 51st).
- Finland wins against Latvia in Rule of Law: Estimate: 1.97 (2023, ranked 1st) vs 1.04 (2023, ranked 34th).
- Finland wins against Latvia in Political Stability and Absence of Violence/Terrorism: Estimate: 0.71 (2023, ranked 58th) vs 0.59 (2023, ranked 67th).
| Metric | Latvia(1) | Finland(10) |
|---|---|---|
| GDP growth (annual %) | (2024) -0.05 (192/214) | (2024) 0.42 (187/214) |
| GDP per capita, PPP (constant 2021 international $) | (2024) 37,611.67 (57/199) | (2024) 56,123.15 (31/199) |
| Gini index | (2023) 34 (86/171) | (2023) 27.40 (25/171) |
| Individuals using the Internet (% of population) | (2024) 92.71 (50/213) | (2024) 93.72 (43/213) |
| Life expectancy at birth, total (years) | (2024) 76.43 (95/217) | (2024) 82.34 (30/217) |
| Lower secondary completion rate, total (% of relevant age group) | (2024) 93.30 (80/197) | (2024) 97.85 (45/197) |
| Unemployment, total (% of total labor force) (modeled ILO estimate) | (2025) 6.57 (120/187) | (2025) 9.46 (149/187) |
| Regulatory Quality: Estimate | (2023) 1.17 (29/205) | (2023) 1.77 (8/205) |
| Control of Corruption: Estimate | (2023) 0.70 (51/205) | (2023) 2.22 (2/205) |
| Rule of Law: Estimate | (2023) 1.04 (34/205) | (2023) 1.97 (1/205) |
| Political Stability and Absence of Violence/Terrorism: Estimate | (2023) 0.59 (67/205) | (2023) 0.71 (58/205) |