Latvia vs Norway: Subnational government investment — Direct investment

Latvia
6.68 Percentage of GDP
in 2024
Norway
5.26 Percentage of GDP
in 2024
Latvia rank
2nd
Norway rank
4th

Subnational government investment — Direct investment over time

  • Latvia
  • Norway
246200020122024

How they compare

Latvia currently reports 6.68 Percentage of GDP against 5.26 Percentage of GDP in Norway, a difference of 1.42 Percentage of GDP.

That makes Latvia's figure about 1.3 times Norway's.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Norway ahead.

Latvia ranks 2nd and Norway ranks 4th of 36 countries.

Latvia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latvia Norway Difference Ahead
2000s 3.9 Percentage of GDP 3.62 Percentage of GDP 0.2746 Percentage of GDP Latvia
2010s 5.05 Percentage of GDP 4.58 Percentage of GDP 0.4738 Percentage of GDP Latvia
2020s 5.84 Percentage of GDP 5.03 Percentage of GDP 0.8123 Percentage of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher subnational government investment — direct investment, Latvia or Norway?
Latvia, at 6.68 Percentage of GDP against 5.26 Percentage of GDP in Norway as of 2024.
What is the difference in subnational government investment — direct investment between Latvia and Norway?
1.42 Percentage of GDP, with Latvia ahead.
How many years of comparable data are there for Latvia and Norway?
25 years are reported by both, from 2000 to 2024.
How do Latvia and Norway rank globally for subnational government investment — direct investment?
Latvia ranks 2nd and Norway ranks 4th of 36 countries.
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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Latvia vs Norway: 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/latvia/norway/

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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.