Iceland vs Latvia: General government expenditure by function (COFOG)
Iceland
2,860
in 2024
Latvia
2,481
in 2024
Iceland rank
32nd
Latvia rank
35th
General government expenditure by function (COFOG) over time
- Iceland
- Latvia
How they compare
Iceland currently reports 2,860 against 2,481 in Latvia, a difference of 379.
That makes Iceland's figure about 1.2 times Latvia's.
The two have swapped places 4 times across 27 shared years of data; in 1998 it was Iceland ahead.
Iceland ranks 32nd and Latvia ranks 35th of 38 countries.
Across the 4 decades both report, Iceland averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 623.9 | 495.9 | 128 | Iceland |
| 2000s | 1,049 | 995.16 | 53.93 | Iceland |
| 2010s | 1,448 | 1,537 | 89.47 | Latvia |
| 2020s | 2,385 | 2,293 | 92.88 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government expenditure by function, Iceland or Latvia?
- Iceland, at 2,860 against 2,481 in Latvia as of 2024.
- What is the difference in general government expenditure by function between Iceland and Latvia?
- 379, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 27 years are reported by both, from 1998 to 2024.
- How do Iceland and Latvia rank globally for general government expenditure by function?
- Iceland ranks 32nd and Latvia ranks 35th of 38 countries.
- Where does this data come from?
- Eurostat, published as General government expenditure by function (COFOG). Statizoid refreshes it automatically from the source and publishes the full history for both places.