Latvia vs Norway: Expense

Latvia
34.2%
in 2023
Norway
34.5%
in 2023
Latvia rank
40th
Norway rank
37th

Expense over time

  • Latvia
  • Norway
010203040197219972023

How they compare

Norway currently reports 34.5% against 34.2% in Latvia, a difference of 0.3%.

The two have swapped places 6 times across 30 shared years of data; in 1994 it was Norway ahead.

Latvia ranks 40th and Norway ranks 37th of 157 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Norway in 3.

Head to head by decade

Decade Latvia Norway Difference Ahead
1990s 30.5% 36.5% 6.1% Norway
2000s 29.9% 33.6% 3.7% Norway
2010s 32.5% 35.4% 2.9% Norway
2020s 36.3% 35.4% 0.9% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Latvia or Norway?
Norway, at 34.5% against 34.2% in Latvia as of 2023.
What is the difference in expense between Latvia and Norway?
0.3%, with Norway ahead.
How many years of comparable data are there for Latvia and Norway?
30 years are reported by both, from 1994 to 2023.
How do Latvia and Norway rank globally for expense?
Latvia ranks 40th and Norway ranks 37th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Norway: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/latvia/norway/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.