Annual government expenditure by function (COFOG) — Intermediate in Latvia
Latvia: Annual government expenditure by function (COFOG) — Intermediate was 2,489 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Intermediate in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Latvia recorded 2,489 National currency for annual government expenditure by function (cofog) — intermediate in 2024.
That represents a change of down 1.1% on the previous year and up 61.1% over ten years.
Over the whole period, annual government expenditure by function (cofog) — intermediate in Latvia peaked at 2,517 National currency in 2023 and was at its lowest, 313.42 National currency, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government expenditure by function (COFOG) — Intermediate in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 313.42 National currency | — |
| 1996 | 324.85 National currency | +3.6% |
| 1997 | 375.57 National currency | +15.6% |
| 1998 | 451.82 National currency | +20.3% |
| 1999 | 463.23 National currency | +2.5% |
| 2000 | 464.78 National currency | +0.3% |
| 2001 | 562.68 National currency | +21.1% |
| 2002 | 645.02 National currency | +14.6% |
| 2003 | 781.56 National currency | +21.2% |
| 2004 | 915.88 National currency | +17.2% |
| 2005 | 922.69 National currency | +0.7% |
| 2006 | 1,085 National currency | +17.6% |
| 2007 | 1,284 National currency | +18.4% |
| 2008 | 1,574 National currency | +22.5% |
| 2009 | 1,210 National currency | -23.1% |
| 2010 | 1,236 National currency | +2.2% |
| 2011 | 1,384 National currency | +11.9% |
| 2012 | 1,382 National currency | -0.1% |
| 2013 | 1,480 National currency | +7.1% |
| 2014 | 1,545 National currency | +4.4% |
| 2015 | 1,589 National currency | +2.9% |
| 2016 | 1,526 National currency | -4.0% |
| 2017 | 1,621 National currency | +6.2% |
| 2018 | 1,715 National currency | +5.8% |
| 2019 | 1,944 National currency | +13.4% |
| 2020 | 1,973 National currency | +1.5% |
| 2021 | 2,087 National currency | +5.8% |
| 2022 | 2,435 National currency | +16.6% |
| 2023 | 2,517 National currency | +3.4% |
| 2024 | 2,489 National currency | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 385.78 National currency | 313.42 National currency | 463.23 National currency | 5 |
| 2000s | 944.53 National currency | 464.78 National currency | 1,574 National currency | 10 |
| 2010s | 1,542 National currency | 1,236 National currency | 1,944 National currency | 10 |
| 2020s | 2,300 National currency | 1,973 National currency | 2,517 National currency | 5 |
Countries ranked near Latvia
- 4 Slovenia 4,405 National currency compare
- 4 Hungary 6.94 million National currency compare
- 5 Lithuania 3,492 National currency compare
- 5 United States of America 1.96 million National currency compare
- 6 Costa Rica 1.48 million National currency compare
- 6 Estonia 2,515 National currency compare
- 7 Sweden 734,143 National currency compare
- 8 Czechia 486,568 National currency compare
- 9 Iceland 426,998 National currency compare
- 10 Norway 396,549 National currency compare
More economy & growth data for Latvia
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- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
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- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual government expenditure by function (cofog) — intermediate in Latvia?
- Annual government expenditure by function (cofog) — intermediate in Latvia was 2,489 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — intermediate recorded in Latvia?
- The highest recorded value was 2,517 National currency in 2023.
- What is the lowest annual government expenditure by function (cofog) — intermediate recorded in Latvia?
- The lowest recorded value was 313.42 National currency in 1995.
- How does Latvia rank for annual government expenditure by function (cofog) — intermediate?
- Latvia ranks 7th out of 7 countries with data for 2024.
- Is annual government expenditure by function (cofog) — intermediate rising or falling in Latvia?
- Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Intermediate consumption, Other taxes on production, Current taxes on income, wealth, etc., Adjustment for the change in pension entitlements. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org