Latvia vs Slovak Republic: Public expenditure on old-age and survivors cash benefits in % GDP
Public expenditure on old-age and survivors cash benefits in % GDP over time
- Latvia
- Slovak Republic
How they compare
Latvia currently reports 7.52 Percentage of GDP against 7.43 Percentage of GDP in Slovak Republic, a difference of 0.09 Percentage of GDP.
The two have swapped places 5 times across 27 shared years of data; in 1995 it was Slovak Republic ahead.
Latvia ranks 3rd and Slovak Republic ranks 2nd of 7 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Slovak Republic in 1.
Head to head by decade
| Decade | Latvia | Slovak Republic | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.47 Percentage of GDP | 6.16 Percentage of GDP | 0.6938 Percentage of GDP | Slovak Republic |
| 2000s | 6.65 Percentage of GDP | 6.12 Percentage of GDP | 0.536 Percentage of GDP | Latvia |
| 2010s | 7.62 Percentage of GDP | 7.07 Percentage of GDP | 0.5505 Percentage of GDP | Latvia |
| 2020s | 7.62 Percentage of GDP | 7.59 Percentage of GDP | 0.035 Percentage of GDP | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public expenditure on old-age and survivors cash benefits in % gdp, Latvia or Slovak Republic?
- Latvia, at 7.52 Percentage of GDP against 7.43 Percentage of GDP in Slovak Republic as of 2021.
- What is the difference in public expenditure on old-age and survivors cash benefits in % gdp between Latvia and Slovak Republic?
- 0.09 Percentage of GDP, with Latvia ahead.
- How many years of comparable data are there for Latvia and Slovak Republic?
- 27 years are reported by both, from 1995 to 2021.
- How do Latvia and Slovak Republic rank globally for public expenditure on old-age and survivors cash benefits in % gdp?
- Latvia ranks 3rd and Slovak Republic ranks 2nd of 7 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Public expenditure on old-age and survivors cash benefits in % GDP — Social expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.