Iceland vs Latvia: Social protection receipts by institutional sector
Iceland
1,898 Million euro
in 2023
Latvia
2,168 Million euro
in 2024
Iceland rank
29th
Latvia rank
28th
Social protection receipts by institutional sector over time
- Iceland
- Latvia
How they compare
Latvia currently reports 2,168 Million euro against 1,898 Million euro in Iceland, a difference of 270 Million euro.
That makes Latvia's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 27 shared years of data; in 1997 it was Iceland ahead.
Iceland ranks 29th and Latvia ranks 28th of 36 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 405.53 Million euro | 345.11 Million euro | 60.43 Million euro | Iceland |
| 2000s | 760.37 Million euro | 616.95 Million euro | 143.42 Million euro | Iceland |
| 2010s | 1,081 Million euro | 1,072 Million euro | 8.98 Million euro | Iceland |
| 2020s | 1,769 Million euro | 1,726 Million euro | 43.54 Million euro | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social protection receipts by institutional sector, Iceland or Latvia?
- Latvia, at 2,168 Million euro against 1,898 Million euro in Iceland as of 2024.
- What is the difference in social protection receipts by institutional sector between Iceland and Latvia?
- 270 Million euro, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 27 years are reported by both, from 1997 to 2023.
- How do Iceland and Latvia rank globally for social protection receipts by institutional sector?
- Iceland ranks 29th and Latvia ranks 28th of 36 countries.
- Where does this data come from?
- Eurostat, published as Social protection receipts by institutional sector. Statizoid refreshes it automatically from the source and publishes the full history for both places.