Latvia vs Paraguay: Total Expenditure (general government) — Value US$, 2015 prices
Total Expenditure (general government) — Value US$, 2015 prices over time
- Latvia
- Paraguay
How they compare
Latvia currently reports 14,371 million USD against 13,147 million USD in Paraguay, a difference of 1,224 million USD.
That makes Latvia's figure about 1.1 times Paraguay's.
The two have swapped places 2 times across 15 shared years of data; in 2003 it was Latvia ahead.
Latvia ranks 69th and Paraguay ranks 71st of 114 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8,668 million USD | 3,150 million USD | 5,518 million USD | Latvia |
| 2010s | 10,916 million USD | 10,443 million USD | 473.72 million USD | Latvia |
| 2020s | 13,420 million USD | 13,089 million USD | 330.57 million USD | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value us$, 2015 prices, Latvia or Paraguay?
- Latvia, at 14,371 million USD against 13,147 million USD in Paraguay as of 2024.
- What is the difference in total expenditure (general government) — value us$, 2015 prices between Latvia and Paraguay?
- 1,224 million USD, with Latvia ahead.
- How many years of comparable data are there for Latvia and Paraguay?
- 15 years are reported by both, from 2003 to 2022.
- How do Latvia and Paraguay rank globally for total expenditure (general government) — value us$, 2015 prices?
- Latvia ranks 69th and Paraguay ranks 71st of 114 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value US$, 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.