Quality of life comparison

compared to

If you lived in Latvia instead of Monaco, you would:

Health

live 13.6 years less

In Monaco, the average life expectancy is 90 years (86 years for men, 93 years for women) as of 2022. In Latvia, that number is 76 years (71 years for men, 81 years for women) as of 2022.

Economy

make 67.3% less money

Monaco has a GDP per capita of $115,700 as of 2015, while in Latvia, the GDP per capita is $37,800 as of 2023.

be 3.3 times more likely to be unemployed

In Monaco, 2.0% of adults are unemployed as of 2012. In Latvia, that number is 6.5% as of 2023.

Life

have 27.7% more children

In Monaco, there are approximately 6.5 babies per 1,000 people as of 2024. In Latvia, there are 8.3 babies per 1,000 people as of 2024.

be 2.8 times more likely to die during infancy

In Monaco, approximately 1.8 children (per 1,000 live births) die before they reach the age of one as of 2022. In Latvia, on the other hand, 4.8 children do as of 2022.

Expenditures

spend 5.0 times more on education

Monaco spends 1.2% of its total GDP on education as of 2019. Latvia spends 6.0% of total GDP on education as of 2020.

spend 4.4 times more on healthcare

Monaco spends 1.7% of its total GDP on healthcare as of 2020. In Latvia, that number is 7.5% of GDP as of 2020.

Geography

see 121.5 times more coastline

Monaco has a total of 4 km of coastline. In Latvia, that number is 498 km.

The statistics above were calculated using the following data sources: The World Factbook.

Latvia: At a glance

Latvia is a sovereign country in Europe, with a total land area of approximately 62,249 sq km. The name "Latvia" originates from the ancient Latgalians, one of four eastern Baltic tribes that formed the ethnic core of the Latvian people (ca. 8th-12th centuries A.D.). The region subsequently came under the control of Germans, Poles, Swedes, and finally, Russians. A Latvian republic emerged following World War I, but it was annexed by the USSR in 1940 - an action never recognized by the US and many other countries. Latvia reestablished its independence in 1991 following the breakup of the Soviet Union. Although the last Russian troops left in 1994, the status of the Russian minority (some 28% of the population) remains of concern to Moscow. Latvia acceded to both NATO and the EU in the spring of 2004; it joined the eurozone in 2014.
Read more

How big is Latvia compared to Monaco? See an in-depth size comparison.

Share this

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Latvia.or Monaco It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.