Cyprus vs Latvia: Expenditure on old age function by type of benefit and means-testing
Cyprus
2,483 Million euro
in 2024
Latvia
3,387 Million euro
in 2024
Cyprus rank
31st
Latvia rank
29th
Expenditure on old age function by type of benefit and means-testing over time
- Cyprus
- Latvia
How they compare
Latvia currently reports 3,387 Million euro against 2,483 Million euro in Cyprus, a difference of 904 Million euro.
That makes Latvia's figure about 1.4 times Cyprus's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Latvia ahead.
Cyprus ranks 31st and Latvia ranks 29th of 36 countries.
Across the 3 decades both report, Cyprus averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Cyprus | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 951.14 Million euro | 878.25 Million euro | 72.89 Million euro | Cyprus |
| 2010s | 1,715 Million euro | 1,791 Million euro | 76.76 Million euro | Latvia |
| 2020s | 2,341 Million euro | 2,831 Million euro | 489.37 Million euro | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expenditure on old age function by type of benefit and means-testing, Cyprus or Latvia?
- Latvia, at 3,387 Million euro against 2,483 Million euro in Cyprus as of 2024.
- What is the difference in expenditure on old age function by type of benefit and means-testing between Cyprus and Latvia?
- 904 Million euro, with Latvia ahead.
- How many years of comparable data are there for Cyprus and Latvia?
- 25 years are reported by both, from 2000 to 2024.
- How do Cyprus and Latvia rank globally for expenditure on old age function by type of benefit and means-testing?
- Cyprus ranks 31st and Latvia ranks 29th of 36 countries.
- Where does this data come from?
- Eurostat, published as Expenditure on old age function by type of benefit and means-testing. Statizoid refreshes it automatically from the source and publishes the full history for both places.