Bolivia, Plurinational State of vs Latvia: Government spending vs. GDP

Bolivia, Plurinational State of
7.03 billion constant 2015 US$
in 2024
Latvia
6.47 billion constant 2015 US$
in 2025
Bolivia, Plurinational State of rank
85th
Latvia rank
87th

Government spending vs. GDP over time

  • Bolivia, Plurinational State of
  • Latvia
02.0B4.0B6.0B8.0B196019922025

How they compare

Bolivia, Plurinational State of currently reports 7.03 billion constant 2015 US$ against 6.47 billion constant 2015 US$ in Latvia, a difference of 561.82 million constant 2015 US$.

That makes Bolivia, Plurinational State of's figure about 1.1 times Latvia's.

The two have swapped places 1 time across 30 shared years of data; in 1995 it was Latvia ahead.

Bolivia, Plurinational State of ranks 85th and Latvia ranks 87th of 166 countries.

Across the 4 decades both report, Bolivia, Plurinational State of averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Bolivia, Plurinational State of Latvia Difference Ahead
1990s 2.64 billion constant 2015 US$ 3.77 billion constant 2015 US$ 1.12 billion constant 2015 US$ Latvia
2000s 3.35 billion constant 2015 US$ 4.63 billion constant 2015 US$ 1.27 billion constant 2015 US$ Latvia
2010s 5.38 billion constant 2015 US$ 4.79 billion constant 2015 US$ 581.98 million constant 2015 US$ Bolivia, Plurinational State of
2020s 6.74 billion constant 2015 US$ 5.93 billion constant 2015 US$ 803.45 million constant 2015 US$ Bolivia, Plurinational State of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, Bolivia, Plurinational State of or Latvia?
Bolivia, Plurinational State of, at 7.03 billion constant 2015 US$ against 6.47 billion constant 2015 US$ in Latvia as of 2024.
What is the difference in government spending vs. gdp between Bolivia, Plurinational State of and Latvia?
561.82 million constant 2015 US$, with Bolivia, Plurinational State of ahead.
How many years of comparable data are there for Bolivia, Plurinational State of and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Bolivia, Plurinational State of and Latvia rank globally for government spending vs. gdp?
Bolivia, Plurinational State of ranks 85th and Latvia ranks 87th of 166 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Government spending vs. GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bolivia, Plurinational State of vs Latvia: Government spending vs. GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://economy.statizoid.com/compare/government-expenditure-vs-gdp/bolivia/latvia/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.