Kuwait vs Latvia: Total Expenditure (general government) — Value Standard Local Currency
Total Expenditure (general government) — Value Standard Local Currency over time
- Kuwait
- Latvia
How they compare
Kuwait currently reports 24,980 million SLC against 18,366 million SLC in Latvia, a difference of 6,614 million SLC.
That makes Kuwait's figure about 1.4 times Latvia's.
The two have swapped places 2 times across 22 shared years of data; in 2001 it was Kuwait ahead.
Kuwait ranks 91st and Latvia ranks 92nd of 114 countries.
Kuwait has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kuwait | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7,852 million SLC | 5,359 million SLC | 2,493 million SLC | Kuwait |
| 2010s | 17,142 million SLC | 9,401 million SLC | 7,741 million SLC | Kuwait |
| 2020s | 24,118 million SLC | 14,640 million SLC | 9,478 million SLC | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value standard local currency, Kuwait or Latvia?
- Kuwait, at 24,980 million SLC against 18,366 million SLC in Latvia as of 2022.
- What is the difference in total expenditure (general government) — value standard local currency between Kuwait and Latvia?
- 6,614 million SLC, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Latvia?
- 22 years are reported by both, from 2001 to 2022.
- How do Kuwait and Latvia rank globally for total expenditure (general government) — value standard local currency?
- Kuwait ranks 91st and Latvia ranks 92nd of 114 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value Standard Local Currency. 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.