Quality of life comparison

compared to

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

Health

live 2.6 years longer

In Venezuela, the average life expectancy is 73 years (70 years for men, 77 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 4.9 times more money

Venezuela has a GDP per capita of $7,704 as of 2018, while in Latvia, the GDP per capita is $37,800 as of 2023.

be 32.0% less likely to live below the poverty line

In Venezuela, 33.1% live below the poverty line as of 2015. In Latvia, however, that number is 22.5% as of 2022.

pay a 32.4% lower top tax rate

Venezuela has a top tax rate of 34.0% as of 2016. In Latvia, the top tax rate is 23.0% as of 2016.

be 18.1% more likely to be unemployed

In Venezuela, 5.5% of adults are unemployed as of 2023. In Latvia, that number is 6.5% as of 2023.

Life

be 93.1% less likely to die during childbirth

In Venezuela, approximately 259.0 women per 100,000 births die during labor as of 2020. In Latvia, 18.0 women do as of 2020.

be 72.6% less likely to die during infancy

In Venezuela, approximately 17.7 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.

have 50.3% fewer children

In Venezuela, there are approximately 16.7 babies per 1,000 people as of 2024. In Latvia, there are 8.3 babies per 1,000 people as of 2024.

Basic Needs

be 14.1% more likely to have internet access

In Venezuela, approximately 78.7% of the population has internet access as of 2022. In Latvia, about 89.8% do as of 2022.

Expenditures

spend 4.6 times more on education

Venezuela spends 1.3% of its total GDP on education as of 2017. Latvia spends 6.0% of total GDP on education as of 2020.

spend 97.4% more on healthcare

Venezuela spends 3.8% of its total GDP on healthcare as of 2020. In Latvia, that number is 7.5% of GDP as of 2020.

Geography

see 82.2% less coastline

Venezuela has a total of 2,800 km of coastline. In Latvia, that number is 498 km.

The statistics above were calculated using the following data sources: State Revenue Service, Latvia, The World Factbook, Ministerio del Poder Popular de Finanzas, SENIAT.

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

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