Attribute |
Latvia × | Papua New Guinea × |
Geography | | |
Area (km²) | 64,589 | 462,840 |
Continent | Europe | Australia |
Land area (km²) | 62,249 | 452,860 |
Water area (km²) | 2,340 | 9,980 |
Land boundaries (km) | 1,370 | 824 |
Border countries | - Belarus
- Estonia
- Lithuania
- Russia
| |
Coastline (km) | 498 | 5,152 |
Mean elevation (m) | 87 | 667 |
Lowest point (m) | 0 | 0 |
Highest point (m) | 312 | 4,509 |
People | | |
Population | 1,881,232 | 7,259,456 |
Official languages | | |
Religion | Lutheran | Roman Catholic |
Government | | |
Long country name | Republic of Latvia | Independent State of Papua New Guinea |
Short country name | Latvia | Papua New Guinea |
Long local name | Latvijas Republika | - |
Short local name | Latvija | Papuaniugini |
Former name | - Latvian Soviet Socialist Republic
| - Territory of Papua and New Guinea
|
Government type | Parliamentary republic | Parliamentary democracy |
Capital | Riga | Port Moresby |
Economy | | |
GDP (PPP) (USD) | 54,020,000,000 | 30,190,000,000 |
GDP (OER) (USD) | 30,330,000,000 | 19,820,000,000 |
GDP (real growth rate) (%) | 4.5 | 2.5 |
GDP - per capita (PPP) (USD) | 27,700 | 3,700 |
Gross national saving (% of GDP) | 20.7 | 36.8 |
Labor force | 990,000 | 3,681,000 |
Unemployment rate (%) | 8.7 | 2.5 |
Population below poverty line (%) | 25.5 | 37 |
Budget revenues (USD) | 11,390,000,000 | 3,638,000,000 |
Budget expenditures (USD) | 11,530,000,000 | 4,591,000,000 |
Military expenditures (% of GDP) | 2.01 | 0.27 |
Taxes and other revenues (% of GDP) | 37.5 | 18.4 |
Budget surplus or deficit (% of GDP) | -0.5 | -4.8 |
Public debt (% of GDP) | 36.3 | 36.9 |
Inflation rate (%) | 2.9 | 5.4 |
Central bank discount rate (%) | 0 | 14 |
Commercial bank prime lending rate (%) | 2.58 | 8.4 |
Stock of narrow money (USD) | 12,910,000,000 | 5,409,000,000 |
Stock of broad money (USD) | 12,910,000,000 | 5,409,000,000 |
Stock of domestic credit (USD) | 17,270,000,000 | 7,091,000,000 |
Market value of publicly traded shares (USD) | 6,760,000,000 | 10,710,000,000 |
Current account balance (USD) | -231,000,000 | 4,859,000,000 |
Exports (USD) | 12,840,000,000 | 8,522,000,000 |
Imports (USD) | 15,790,000,000 | 1,876,000,000 |
Reserves of foreign exchange and gold (USD) | 4,614,000,000 | 1,735,000,000 |
External debt (USD) | 40,020,000,000 | 17,940,000,000 |
National currency | lati | kina |
National currency (code) | LVL | PGK |
National currency (symbol) | Ls | K |
National currency rate to USD | 0.885 | 3.179 |