Govt expenditure share budget in Latvia

Latvia: Govt expenditure share budget was 109.44 in 2022. ▲ Rising

Latest (2022)
109.44
Change on year
up 3.2%
World rank
25th
of 166 countries
All-time high
119.17
in 2014
All-time low
96.48
in 2007
Years of data
16
2007–2022

Govt expenditure share budget in Latvia, 2007–2022

02550751001252007201420222007: 96.52008: 97.22009: 101.42010: 106.32011: 97.22012: 96.82013: 101.52014: 119.22015: 118.52016: 113.82017: 111.62018: 116.12019: 113.32020: 105.72021: 106.12022: 109.4

Source: Our World in Data.

Analysis

Latvia recorded 109.44 for govt expenditure share budget in 2022.

Compared with earlier readings it is up 3.2% on the previous year and up 13.1% over ten years.

Over the whole period, govt expenditure share budget in Latvia peaked at 119.17 in 2014 and was at its lowest, 96.48, in 2007.

Latvia ranks 25th of 166 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Govt expenditure share budget in Latvia, year by year

Annual values for Govt expenditure share budget in Latvia, 2007 to 2022.
Year Value Change
2007 96.48 —
2008 97.16 +0.7%
2009 101.42 +4.4%
2010 106.32 +4.8%
2011 97.24 -8.5%
2012 96.79 -0.5%
2013 101.47 +4.8%
2014 119.17 +17.4%
2015 118.53 -0.5%
2016 113.77 -4.0%
2017 111.63 -1.9%
2018 116.09 +4.0%
2019 113.3 -2.4%
2020 105.74 -6.7%
2021 106.07 +0.3%
2022 109.44 +3.2%

Latvia compared with similar countries

  • Latvia's 109.44 is above the median for high income countries, which is 103.58, 1.1× the median. (44 countries reporting)
  • Latvia's 109.44 is above the median for Europe & Central Asia, which is 102.35, 1.1× the median. (44 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 98.35 96.48 101.42 3
2010s 109.43 96.79 119.17 10
2020s 107.08 105.74 109.44 3

Countries ranked near Latvia

  1. 22 Micronesia (country) 111.52 compare
  2. 23 Slovenia 111.38 compare
  3. 24 Guyana 111.26 compare
  4. 26 Cook Islands 109 compare
  5. 27 Philippines 108.78 compare
  6. 28 Malta 108.58 compare

See the full ranking of 166 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is govt expenditure share budget in Latvia?
Govt expenditure share budget in Latvia was 109.44 in 2022, according to Our World in Data.
What is the highest govt expenditure share budget recorded in Latvia?
The highest recorded value was 119.17 in 2014.
What is the lowest govt expenditure share budget recorded in Latvia?
The lowest recorded value was 96.48 in 2007.
How does Latvia rank for govt expenditure share budget?
Latvia ranks 25th out of 166 countries with data for 2022.
Is govt expenditure share budget rising or falling in Latvia?
Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Our World in Data, published as part of Govt expenditure share budget. Statizoid updates them automatically from the source API.

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Govt expenditure share budget in Latvia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/govt-expenditure-share-budget/latvia/

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About this data

Indicator
Govt expenditure share budget
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,464 data points, 2004–2025
Last refreshed