Expenditure on pensions by type of pension and means-testing in Latvia

Latvia: Expenditure on pensions by type of pension and means-testing was 3,669 in 2024. β—† Volatile

Latest (2024)
3,669
Change on year
up 8.1%
World rank
28th
of 35 countries
All-time high
3,669
in 2024
All-time low
521.94
in 1997
Years of data
28
1997–2024

Expenditure on pensions by type of pension and means-testing in Latvia, 1997–2024

1.0k2.0k3.0k4.0k1997201020241997: 521.91998: 614.91999: 735.52000: 808.22001: 798.92002: 815.52003: 749.72004: 766.52005: 824.82006: 984.92007: 1.1k2008: 1.4k2009: 1.6k2010: 1.8k2011: 1.7k2012: 1.8k2013: 1.9k2014: 1.9k2015: 1.9k2016: 1.9k2017: 2.0k2018: 2.2k2019: 2.3k2020: 2.5k2021: 2.7k2022: 3.0k2023: 3.4k2024: 3.7k

Source: Eurostat.

Analysis

The most recent figure for expenditure on pensions by type of pension and means-testing in Latvia is 3,669, measured in 2024. That is the highest value across all 28 years on record.

Compared with earlier readings it is up 8.1% on the previous year and up 97.2% over ten years.

Over the whole period, expenditure on pensions by type of pension and means-testing in Latvia peaked at 3,669 in 2024 and was at its lowest, 521.94, in 1997.

Latvia ranks 28th of 35 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 624.12 521.94 735.49 3
2000s 980.66 749.66 1,563 10
2010s 1,935 1,746 2,289 10
2020s 3,031 2,464 3,669 5

Countries ranked near Latvia

  1. 25 Serbia 7,764 compare
  2. 26 Slovenia 6,061 compare
  3. 27 Lithuania 5,096 compare
  4. 29 Estonia 3,455 compare
  5. 30 Iceland 3,063 compare
  6. 31 Cyprus 2,628 compare

See the full ranking of 45 places β†’

More reference data data for Latvia

All data for Latvia β†’

Frequently asked questions

What is expenditure on pensions by type of pension and means-testing in Latvia?
Expenditure on pensions by type of pension and means-testing in Latvia was 3,669 in 2024, according to Eurostat.
What is the highest expenditure on pensions by type of pension and means-testing recorded in Latvia?
The highest recorded value was 3,669 in 2024.
What is the lowest expenditure on pensions by type of pension and means-testing recorded in Latvia?
The lowest recorded value was 521.94 in 1997.
How does Latvia rank for expenditure on pensions by type of pension and means-testing?
Latvia ranks 28th out of 35 countries with data for 2024.
Is expenditure on pensions by type of pension and means-testing rising or falling in Latvia?
Over the last ten years it is up 97.2%. 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 pensions by type of pension and means-testing. Statizoid updates them automatically from the source API.

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Expenditure on pensions by type of pension and means-testing in Latvia. Statizoid, drawing on Eurostat. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/expenditure-on-pensions-by-type-of-pension-and-means-testing/latvia/

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About this data

Indicator
Expenditure on pensions by type of pension and means-testing
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed