Korea vs Latvia: Public expenditure on family by type of expenditure (cash and in)
Public expenditure on family by type of expenditure (cash and in) over time
- Korea
- Latvia
How they compare
Latvia currently reports 2.88 Percentage of GDP against 1.65 Percentage of GDP in Korea, a difference of 1.23 Percentage of GDP.
That makes Latvia's figure about 1.7 times Korea's.
The two have swapped places 1 time across 28 shared years of data; in 1994 it was Korea ahead.
Korea ranks 3rd and Latvia ranks 3rd of 3 groups.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0722 Percentage of GDP | 0.7788 Percentage of GDP | 0.7067 Percentage of GDP | Latvia |
| 2000s | 0.2883 Percentage of GDP | 1.51 Percentage of GDP | 1.22 Percentage of GDP | Latvia |
| 2010s | 0.9828 Percentage of GDP | 2.12 Percentage of GDP | 1.14 Percentage of GDP | Latvia |
| 2020s | 1.72 Percentage of GDP | 2.69 Percentage of GDP | 0.9715 Percentage of GDP | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public expenditure on family by type of expenditure (cash and in), Korea or Latvia?
- Latvia, at 2.88 Percentage of GDP against 1.65 Percentage of GDP in Korea as of 2021.
- What is the difference in public expenditure on family by type of expenditure (cash and in) between Korea and Latvia?
- 1.23 Percentage of GDP, with Latvia ahead.
- How many years of comparable data are there for Korea and Latvia?
- 28 years are reported by both, from 1994 to 2021.
- How do Korea and Latvia rank globally for public expenditure on family by type of expenditure (cash and in)?
- Korea ranks 3rd and Latvia ranks 3rd of 3 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Public expenditure on family by type of expenditure (cash and in kind) in % GDP — Social expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Social Expenditure Database (SOCX) has been developed in order to serve a growing need for indicators of social policy. It includes reliable and internationally comparable statistics on public and mandatory and voluntary private social expenditure at programme level. SOCX provides a unique tool for monitoring trends in aggregate social expenditure and analysing changes in its composition. It covers 38 OECD countries and some accession countries for the period 1980-2021/23 and estimates for aggregates for 2022-24. A Social Expenditure Update can be found under www.oecd.org/en/data/datasets/social-expenditure-database-socx.htm. The main social policy areas are as follows: Old age, Survivors, Incapacity-related benefits, Health, Family, Active labor market programmes, Unemployment, Housing, and Other social policy areas. This version also includes estimates of net total social spending for 2021 for 38 OECD countries. SOCX aggregated data as well as sources and methodology are described in The OECD SOCX Manual – 2019 edition- A guide to the OECD Social Expenditure Database.