Latvia vs Spain: Expense
Latvia
34.2%
in 2023
Spain
34.0%
in 2023
Latvia rank
40th
Spain rank
41st
Expense over time
- Latvia
- Spain
How they compare
Latvia currently reports 34.2% against 34.0% in Spain, a difference of 0.2%.
The two have swapped places 5 times across 21 shared years of data; in 1994 it was Spain ahead.
Latvia ranks 40th and Spain ranks 41st of 157 countries.
Across the 4 decades both report, Latvia averaged higher in 1 and Spain in 3.
Head to head by decade
| Decade | Latvia | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 17.7% | 33.8% | 16.1% | Spain |
| 2000s | 29.8% | 28.6% | 1.2% | Latvia |
| 2010s | 32.5% | 33.1% | 0.5% | Spain |
| 2020s | 36.3% | 37.0% | 0.7% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Latvia or Spain?
- Latvia, at 34.2% against 34.0% in Spain as of 2023.
- What is the difference in expense between Latvia and Spain?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Spain?
- 21 years are reported by both, from 1994 to 2023.
- How do Latvia and Spain rank globally for expense?
- Latvia ranks 40th and Spain ranks 41st 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.
Individual pages
About this data
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.