Latvia vs Trinidad and Tobago: Total Expenditure (central government) — Value US$, 2015 prices
Total Expenditure (central government) — Value US$, 2015 prices over time
- Latvia
- Trinidad and Tobago
How they compare
Latvia currently reports 9,027 million USD against 8,087 million USD in Trinidad and Tobago, a difference of 940 million USD.
That makes Latvia's figure about 1.1 times Trinidad and Tobago's.
The two have swapped places 1 time across 24 shared years of data; in 2001 it was Trinidad and Tobago ahead.
Latvia ranks 86th and Trinidad and Tobago ranks 88th of 173 countries.
Across the 3 decades both report, Latvia averaged higher in 1 and Trinidad and Tobago in 2.
Head to head by decade
| Decade | Latvia | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4,829 million USD | 5,700 million USD | 870.75 million USD | Trinidad and Tobago |
| 2010s | 6,089 million USD | 8,348 million USD | 2,259 million USD | Trinidad and Tobago |
| 2020s | 8,529 million USD | 7,435 million USD | 1,094 million USD | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value us$, 2015 prices, Latvia or Trinidad and Tobago?
- Latvia, at 9,027 million USD against 8,087 million USD in Trinidad and Tobago as of 2024.
- What is the difference in total expenditure (central government) — value us$, 2015 prices between Latvia and Trinidad and Tobago?
- 940 million USD, with Latvia ahead.
- How many years of comparable data are there for Latvia and Trinidad and Tobago?
- 24 years are reported by both, from 2001 to 2024.
- How do Latvia and Trinidad and Tobago rank globally for total expenditure (central government) — value us$, 2015 prices?
- Latvia ranks 86th and Trinidad and Tobago ranks 88th of 173 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.