Social protection receipts by institutional sector in Latvia

Latvia: Social protection receipts by institutional sector was 2,168 Million euro in 2024. ◆ Volatile

Latest (2024)
2,168 Million euro
Change on year
up 7.1%
World rank
28th
of 36 countries
All-time high
2,168 Million euro
in 2024
All-time low
305.62 Million euro
in 1997
Years of data
28
1997–2024

Social protection receipts by institutional sector in Latvia, 1997–2024

5001.0k1.5k2.0k1997201020241997: 305.6 Million euro1998: 343.4 Million euro1999: 386.3 Million euro2000: 442.8 Million euro2001: 454.2 Million euro2002: 466.6 Million euro2003: 446.1 Million euro2004: 484 Million euro2005: 563.3 Million euro2006: 740.4 Million euro2007: 827.3 Million euro2008: 945.3 Million euro2009: 799.6 Million euro2010: 782 Million euro2011: 871.3 Million euro2012: 939.6 Million euro2013: 1.0k Million euro2014: 956.8 Million euro2015: 1.1k Million euro2016: 1.1k Million euro2017: 1.2k Million euro2018: 1.3k Million euro2019: 1.5k Million euro2020: 1.5k Million euro2021: 1.6k Million euro2022: 1.9k Million euro2023: 2.0k Million euro2024: 2.2k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Latvia recorded 2,168 Million euro for social protection receipts by institutional sector in 2024. That is the highest value across all 28 years on record.

That represents a change of up 7.1% on the previous year and up 126.6% over ten years.

Over the whole period, social protection receipts by institutional sector in Latvia peaked at 2,168 Million euro in 2024 and was at its lowest, 305.62 Million euro, in 1997.

That places Latvia 28th out of 36 countries with data for 2024, putting it 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 345.11 Million euro 305.62 Million euro 386.32 Million euro 3
2000s 616.95 Million euro 442.78 Million euro 945.33 Million euro 10
2010s 1,072 Million euro 781.99 Million euro 1,459 Million euro 10
2020s 1,814 Million euro 1,461 Million euro 2,168 Million euro 5

Countries ranked near Latvia

  1. 25 Serbia 4,113 Million euro compare
  2. 26 Luxembourg 3,887 Million euro compare
  3. 27 Croatia 3,810 Million euro compare
  4. 29 Iceland 1,898 Million euro compare
  5. 30 Cyprus 1,846 Million euro compare
  6. 31 Romania 1,582 Million euro compare

See the full ranking of 45 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is social protection receipts by institutional sector in Latvia?
Social protection receipts by institutional sector in Latvia was 2,168 Million euro in 2024, according to Eurostat.
What is the highest social protection receipts by institutional sector recorded in Latvia?
The highest recorded value was 2,168 Million euro in 2024.
What is the lowest social protection receipts by institutional sector recorded in Latvia?
The lowest recorded value was 305.62 Million euro in 1997.
How does Latvia rank for social protection receipts by institutional sector?
Latvia ranks 28th out of 36 countries with data for 2024.
Is social protection receipts by institutional sector rising or falling in Latvia?
Over the last ten years it is up 126.6%. 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 Social protection receipts by institutional sector. Statizoid updates them automatically from the source API.

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About this data

Indicator
Social protection receipts by institutional sector
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,180 data points, 1990–2024
Last refreshed