Bahamas vs Latvia Comparison

Country Comparison
Bahamas Flag

Bahamas

403K (2025)

VS
Latvia Flag

Latvia

1.9M (2025)

Comprehensive comparison across 9 categories and 44 indicators

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Bahamas Flag

Bahamas

Population: 403K (2025) Area: 13.9K km² GDP: $15.2B (2025)
Capital: Nassau
Continent: North America
Official Languages: English
Currency: BSD
HDI: 0.820 (66.)
Latvia Flag

Latvia

Population: 1.9M (2025) Area: 64.6K km² GDP: $45.5B (2025)
Capital: Riga
Continent: Europe
Official Languages: Latvian
Currency: EUR
HDI: 0.889 (41.)

Geography and Demographics

Bahamas
Latvia
Area
13.9K km²
64.6K km²
Total population
403K (2025)
1.9M (2025)
Population density
39.9 people/km² (2025)
29.8 people/km² (2025)
Average age
35.3 (2025)
43.6 (2025)

Economy and Finance

Bahamas
Latvia
Total GDP
$15.2B (2025)
$45.5B (2025)
GDP per capita
$36,780 (2025)
$24,370 (2025)
Inflation rate
0.9% (2025)
2.4% (2025)
Growth rate
1.8% (2025)
2.0% (2025)
Minimum wage
$1K (2024)
$795 (2025)
Tourism revenue
$3.5B (2025)
$1.6B (2025)
Unemployment rate
8.6% (2025)
6.7% (2025)
Public debt
81.6% (2025)
48.3% (2025)
Trade balance
-$996 (2025)
-$288 (2025)

Quality of Life and Health

Bahamas
Latvia
Human development
0.820 (66.)
0.889 (41.)
Happiness index
No data
6,207 (51.)
Health Exp. per Cap. ($)
$2.3K (7%)
$1.6K (7.6%)
Life expectancy
74.9 (2025)
76.5 (2025)
Safety index
No data
82.4 (46.)

Education and Technology

Bahamas
Latvia
Education Exp. (% GDP)
2.9% (2025)
5.5% (2025)
Literacy rate
No data
100.0% (2025)
Primary school completion
No data
100.0% (2025)
Internet usage
97.2% (2025)
93.8% (2025)
Internet speed
72.33 Mbps (91.)
113.94 Mbps (51.)

Environment and Sustainability

Bahamas
Latvia
Renewable energy
2.8% (2025)
70.7% (2025)
Carbon emissions per capita
2 kg per capita (2025)
7 kg per capita (2025)
Forest area
50.9% (2025)
54.9% (2025)
Freshwater resources
1 km³ (2025)
35 km³ (2025)
Air quality
19.64 µg/m³ PM2.5 (2025)
10.3 µg/m³ PM2.5 (2025)

Military Power

Bahamas
Latvia
Military expenditure
No data
$1.6B (2025)
Military power rank
76 (161.)
2,959 (88.)

Governance and Politics

Bahamas
Latvia
Democracy index
No data
7.66 (2024)
Corruption perception
65 (40.)
59 (46.)
Political stability
0.9 (47.)
0.6 (71.)
Press freedom
No data
83.3 (9.)

Infrastructure and Services

Bahamas
Latvia
Clean water access
97.9% (2025)
98.9% (2025)
Electricity access
100.0% (2025)
100.0% (2025)
Electricity price
0.35 $/kWh (2025)
0.14 $/kWh (2025)
Paved Roads
No data
25 % (2025)
Traffic deaths (per 100K)
6.09 /100K (2025)
6.94 /100K (2025)
Retirement age
65 (2025)
63.25 (2025)

Tourism and International Relations

Bahamas
Latvia
Passport power
81.35 (2025)
88.72 (2025)
Tourist arrivals
1.5M (2022)
3.2M (2020)
Tourism revenue
$3.5B (2025)
$1.6B (2025)
World heritage sites
0 (2025)
3 (2025)

Comparison Result

Bahamas
Bahamas Flag
12.5

Superior Fields

Leader
Latvia
Latvia
Latvia Flag
23.5

Superior Fields

* This score reflects overall livability and quality of life, not just economic or military strength

GDP Comparison

Total GDP

$15.2B (2025)
Bahamas
vs
$45.5B (2025)
Latvia
Difference: %200

GDP per Capita

$36,780 (2025)
Bahamas
vs
$24,370 (2025)
Latvia
Difference: %51

Comparison Evaluation

Bahamas Flag

Bahamas Evaluation

While Bahamas ranks lower overall compared to Latvia, specific areas demonstrate competitive advantages:

Bahamas demonstrates advantages in: • Bahamas has 51% higher GDP per capita • Bahamas has 43% higher healthcare spending per capita • Bahamas has 31% higher minimum wage • Bahamas has 2.2x higher tourism revenue
Latvia Flag

Latvia Evaluation

Core advantages for Latvia: • Latvia has 3.0x higher GDP • Latvia has 4.7x higher land area • Latvia has 4.6x higher population • Latvia has 25.3x higher renewable energy usage

Overall Evaluation

Final Conclusion

Latvia vs. The Bahamas: The Baltic Whisper vs. The Atlantic Jewel

A Tale of Cool Forests and Crystal-Clear Shallows

Pitting Latvia against The Bahamas is like comparing a dense, ancient forest to a sprawling, sunlit coral reef. Both are beautiful natural systems, but they operate on entirely different principles. Latvia is a Northern European nation of quiet introspection, its identity shaped by deep woods, a dramatic history, and a reserved culture. The Bahamas is an archipelago of over 700 islands and cays scattered across the Atlantic, a nation defined by its spectacular turquoise waters, laid-back lifestyle, and a vibrant blend of American and Caribbean influences. One is a place of deep roots; the other, of endless blue horizons.

The Most Striking Contrasts

  • Geography’s Focus: Latvia is a continental nation focused inward on its forests and land, with a coastline that is just one feature among many. The Bahamas is quintessentially maritime; its identity, economy, and culture are inseparable from the sea.
  • Color Palette: Latvia’s palette is one of deep greens, earthy browns, and the grey-blue of the Baltic Sea, with bursts of white snow in winter. The Bahamas’ palette is an explosion of vibrant blues, aquas, pink-sand beaches, and brightly colored colonial architecture.
  • Economic Engine: Latvia’s economy is a diversified, production-and-service-oriented machine within the EU. The Bahamian economy is a high-end service duopoly: international finance and luxury tourism are its twin pillars.

The Substance vs. Style Paradox

Latvia offers a life of substance. It’s a country with a powerful industrial and technological base, a deep-rooted musical culture, and a society that values hard work and resilience. The quality of life is built on a solid, if un-flashy, foundation. The Bahamas offers a life of style. It’s a global brand for luxury, relaxation, and stunning beauty. Life there is aspirational, attracting celebrities, financiers, and sun-seekers. It’s a choice between the sturdy, reliable comfort of a well-built home and the breathtaking view from a glamorous beachfront villa.

Practical Advice

If You Want to Start a Business:

  • Latvia is the smart play for: Any tech, manufacturing, or logistics business that needs a cost-effective, stable gateway to the 450-million-person EU market.
  • The Bahamas is the exclusive play for: Offshore banking, wealth management, high-end real estate development, or luxury marine services. It’s about catering to the 1%.

If You Want to Relocate:

  • Choose Latvia for: A safe, green, and culturally rich European lifestyle without the high costs of Western Europe. It’s ideal for families and individuals who appreciate four seasons and a quiet, organized society.
  • Choose The Bahamas for: An exclusive, sun-drenched island life with close proximity to the US. If you have the financial means and desire a life of boating, fishing, and socializing in a tropical paradise, it’s a dream destination.

The Tourist Experience

A trip to Latvia means exploring medieval towns, hiking through pristine national parks, and experiencing ancient pagan traditions. It is a journey for the mind and the soul. A trip to The Bahamas is a sensory indulgence: swimming with pigs in Exuma, diving into underwater caves, staying at a glamorous resort on Paradise Island, and simply relaxing on some of the world’s most beautiful beaches. It is a journey for the body and the spirit.

Conclusion: Which World Do You Choose?

Latvia is for the person who builds things, who appreciates depth and history, and who finds beauty in the quiet, steady rhythms of nature. It’s a country that rewards patience and provides a solid foundation for life. The Bahamas is for the person who seeks beauty, who lives for the moment, and who finds freedom in the sun and sea. It’s a country that offers an escape into a picture-perfect world. Your choice depends on whether you find more value in a well-stocked library or a perfectly placed hammock.

🏆 The Verdict

Winner: For building a business with scalable potential and for an affordable, high-quality life, Latvia is the undisputed champion. For luxury, natural beauty, and an idyllic tropical lifestyle, The Bahamas is in a class of its own.

Practical Decision: A software engineer or a young family should look to Latvia. A wealthy retiree, a financier, or anyone whose business is location-independent should consider The Bahamas.

💡 Surprising Fact

About 10% of Latvia is made up of peat bogs, unique ecosystems that are older than the pyramids of Egypt. The Bahamas is home to the third-largest barrier reef in the world, the Andros Barrier Reef, and Dean's Blue Hole, the second-deepest known saltwater blue hole on Earth.

Other Country Comparisons

Data Disclaimer: Projected data (future years) are estimates based on mathematical models. Actual values may differ. Learn about our methodology →

Data Sources

Comparison data is aggregated from multiple authoritative international organizations:

World Bank Open Data - Development and economic indicators
UN Data - Population and demographic statistics
IMF Data Portal - International financial statistics
WHO Data - Global health statistics
OECD Statistics - Economic and social data
Our Methodology - Learn how we process and analyze data

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