Iceland vs Latvia: Government procurement spending as share of total government spending
Iceland
32.9%
in 2024
Latvia
32.1%
in 2024
Iceland rank
12th
Latvia rank
14th
Government procurement spending as share of total government spending over time
- Iceland
- Latvia
How they compare
Iceland currently reports 32.9% against 32.1% in Latvia, a difference of 0.8%.
The two have swapped places 5 times across 18 shared years of data; in 2007 it was Latvia ahead.
Iceland ranks 12th and Latvia ranks 14th of 42 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.2% | 32.4% | 2.3% | Latvia |
| 2010s | 31.1% | 31.3% | 0.1% | Latvia |
| 2020s | 32.4% | 31.6% | 0.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government procurement spending as share of total government spending, Iceland or Latvia?
- Iceland, at 32.9% against 32.1% in Latvia as of 2024.
- What is the difference in government procurement spending as share of total government spending between Iceland and Latvia?
- 0.8%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 18 years are reported by both, from 2007 to 2024.
- How do Iceland and Latvia rank globally for government procurement spending as share of total government spending?
- Iceland ranks 12th and Latvia ranks 14th of 42 countries.
- Where does this data come from?
- OECD (2026) – with minor processing by Our World in Data, published as Government procurement spending as share of total government spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This data is divided by total government expenditure, expressed as a percentage.