Korea vs Latvia: Subnational government investment — Direct investment

Korea
4.76 Percentage of GDP
in 2024
Latvia
6.68 Percentage of GDP
in 2024
Korea rank
1st
Latvia rank
2nd

Subnational government investment — Direct investment over time

  • Korea
  • Latvia
2468200020122024

How they compare

Latvia currently reports 6.68 Percentage of GDP against 4.76 Percentage of GDP in Korea, a difference of 1.92 Percentage of GDP.

That makes Latvia's figure about 1.4 times Korea's.

The two have swapped places 7 times across 25 shared years of data; in 2000 it was Korea ahead.

Korea ranks 1st and Latvia ranks 2nd of 2 groups.

Across the 3 decades both report, Korea averaged higher in 1 and Latvia in 2.

Head to head by decade

Decade Korea Latvia Difference Ahead
2000s 5.9 Percentage of GDP 3.9 Percentage of GDP 2 Percentage of GDP Korea
2010s 4.89 Percentage of GDP 5.05 Percentage of GDP 0.1568 Percentage of GDP Latvia
2020s 4.82 Percentage of GDP 5.84 Percentage of GDP 1.02 Percentage of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher subnational government investment — direct investment, Korea or Latvia?
Latvia, at 6.68 Percentage of GDP against 4.76 Percentage of GDP in Korea as of 2024.
What is the difference in subnational government investment — direct investment between Korea and Latvia?
1.92 Percentage of GDP, with Latvia ahead.
How many years of comparable data are there for Korea and Latvia?
25 years are reported by both, from 2000 to 2024.
How do Korea and Latvia rank globally for subnational government investment — direct investment?
Korea ranks 1st and Latvia ranks 2nd of 2 groups.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Subnational government investment — Direct investment. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Latvia: Subnational government investment — Direct investment. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/subnational-government-investment-direct-investment/korea/latvia/

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About this data

Indicator
Subnational government investment — Direct investment
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
42 places, 1,035 data points, 2000–2024
Last refreshed

This dataset includes subnational government investment expressed in several units of measures: USD PPP, USD PPP per capita, percentage of GDP, and percentage of total public investment. The Subnational Government Structure and Finance Dashboard compiles several datasets with comparable data on institutional organisation and public finance at subnational government level. It provides data for the time period 2000 - 2024 (based on data availability), for all 38 OECD member countries, and the average for the European Union. It includes data for the subnational government sector, for both state and local government levels for some federal countries. The data for the latest year available is also available in PDF format and via an Interactive dashboard.