Expenditure on old age function by type of benefit and means-testing in Latvia
Latvia: Expenditure on old age function by type of benefit and means-testing was 3,387 in 2024. ◆ Volatile
Expenditure on old age function by type of benefit and means-testing in Latvia, 1997–2024
Source: Eurostat.
Analysis
Latvia recorded 3,387 for expenditure on old age function by type of benefit and means-testing in 2024. That is the highest value across all 28 years on record.
The figure is up 6.9% on the previous year and up 98.4% over ten years.
Over the whole period, expenditure on old age function by type of benefit and means-testing in Latvia peaked at 3,387 in 2024 and was at its lowest, 457.87, in 1997.
Latvia ranks 37th of 46 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expenditure on old age function by type of benefit and means-testing in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 457.87 | — |
| 1998 | 539.78 | +17.9% |
| 1999 | 652.36 | +20.9% |
| 2000 | 718.57 | +10.1% |
| 2001 | 710.96 | -1.1% |
| 2002 | 728.91 | +2.5% |
| 2003 | 670.91 | -8.0% |
| 2004 | 677.78 | +1.0% |
| 2005 | 735.2 | +8.5% |
| 2006 | 880.9 | +19.8% |
| 2007 | 1,011 | +14.8% |
| 2008 | 1,246 | +23.3% |
| 2009 | 1,402 | +12.5% |
| 2010 | 1,645 | +17.3% |
| 2011 | 1,600 | -2.7% |
| 2012 | 1,673 | +4.6% |
| 2013 | 1,719 | +2.7% |
| 2014 | 1,707 | -0.7% |
| 2015 | 1,748 | +2.4% |
| 2016 | 1,786 | +2.2% |
| 2017 | 1,868 | +4.6% |
| 2018 | 2,027 | +8.5% |
| 2019 | 2,142 | +5.7% |
| 2020 | 2,284 | +6.6% |
| 2021 | 2,524 | +10.5% |
| 2022 | 2,789 | +10.5% |
| 2023 | 3,169 | +13.6% |
| 2024 | 3,387 | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 550 | 457.87 | 652.36 | 3 |
| 2000s | 878.25 | 670.91 | 1,402 | 10 |
| 2010s | 1,791 | 1,600 | 2,142 | 10 |
| 2020s | 2,831 | 2,284 | 3,387 | 5 |
Countries ranked near Latvia
More reference data data for Latvia
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Frequently asked questions
- What is expenditure on old age function by type of benefit and means-testing in Latvia?
- Expenditure on old age function by type of benefit and means-testing in Latvia was 3,387 in 2024, according to Eurostat.
- What is the highest expenditure on old age function by type of benefit and means-testing recorded in Latvia?
- The highest recorded value was 3,387 in 2024.
- What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Latvia?
- The lowest recorded value was 457.87 in 1997.
- How does Latvia rank for expenditure on old age function by type of benefit and means-testing?
- Latvia ranks 37th out of 46 countries with data for 2024.
- Is expenditure on old age function by type of benefit and means-testing rising or falling in Latvia?
- Over the last ten years it is up 98.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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