What is the difference in government spending vs. gdp, per unit of gdp between Latvia and Thailand?

0.0014 constant 2015 US$ per US$ of GDP, with Latvia ahead.

How many years of comparable data are there for Latvia and Thailand?

31 years are reported by both, from 1995 to 2025.

Where does this data come from?

Statizoid (derived), published as Government spending vs. GDP, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Latvia vs Thailand: Government spending vs. GDP, per unit of GDP

Latvia

0.1331 constant 2015 US$ per US$ of GDP

in 2025

Thailand

0.1317 constant 2015 US$ per US$ of GDP

in 2025

Latvia rank

72nd

Thailand rank

73rd

Government spending vs. GDP, per unit of GDP over time

Latvia
Thailand

How they compare

Latvia currently reports 0.1331 constant 2015 US$ per US$ of GDP against 0.1317 constant 2015 US$ per US$ of GDP in Thailand, a difference of 0.0014 constant 2015 US$ per US$ of GDP.

The two have swapped places 6 times across 31 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 72nd and Thailand ranks 73rd of 166 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Latvia	Thailand	Difference	Ahead
1990s	0.591 constant 2015 US$ per US$ of GDP	0.2069 constant 2015 US$ per US$ of GDP	0.3841 constant 2015 US$ per US$ of GDP	Latvia
2000s	0.3245 constant 2015 US$ per US$ of GDP	0.2199 constant 2015 US$ per US$ of GDP	0.1046 constant 2015 US$ per US$ of GDP	Latvia
2010s	0.1685 constant 2015 US$ per US$ of GDP	0.1585 constant 2015 US$ per US$ of GDP	0.0101 constant 2015 US$ per US$ of GDP	Latvia
2020s	0.149 constant 2015 US$ per US$ of GDP	0.1456 constant 2015 US$ per US$ of GDP	0.0034 constant 2015 US$ per US$ of GDP	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, per unit of gdp, Latvia or Thailand?: Latvia, at 0.1331 constant 2015 US$ per US$ of GDP against 0.1317 constant 2015 US$ per US$ of GDP in Thailand as of 2025.
What is the difference in government spending vs. gdp, per unit of gdp between Latvia and Thailand?: 0.0014 constant 2015 US$ per US$ of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Thailand?: 31 years are reported by both, from 1995 to 2025.
How do Latvia and Thailand rank globally for government spending vs. gdp, per unit of gdp?: Latvia ranks 72nd and Thailand ranks 73rd of 166 countries.
Where does this data come from?: Statizoid (derived), published as Government spending vs. GDP, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Thailand: Government spending vs. GDP, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/compare/government-spending-vs-gdp-per-unit-of-gdp/latvia/thailand/

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About this data

Indicator: Government spending vs. GDP, per unit of GDP
Unit: constant 2015 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 166 places, 7,051 data points, 1960–2025
Last refreshed: 24 September 2026

Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.