Expenditure on education in current prices in Latvia
Latvia: Expenditure on education in current prices was 1,534 Current prices, million purchasing power standards in 2011. ▲ Rising
Latest (2011)
1,534 Current prices, million purchasing power standards
Change on year
up 9.4%
World rank
35th
of 41 countries
All-time high
1,814 Current prices, million purchasing power standards
in 2008
All-time low
640 Current prices, million purchasing power standards
in 1996
Years of data
17
1995–2011
Expenditure on education in current prices in Latvia, 1995–2011
Source: Eurostat. Measured in Current prices, million purchasing power standards.
Analysis
The most recent figure for expenditure on education in current prices in Latvia is 1,534 Current prices, million purchasing power standards, measured in 2011.
That represents a change of up 9.4% on the previous year and up 19.4% over ten years.
Over the whole period, expenditure on education in current prices in Latvia peaked at 1,814 Current prices, million purchasing power standards in 2008 and was at its lowest, 640 Current prices, million purchasing power standards, in 1996.
That places Latvia 35th out of 41 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Expenditure on education in current prices in Latvia, year by year
| Year | Current prices, million purchasing power standards | Change |
|---|---|---|
| 1995 | 708 Current prices, million purchasing power standards | — |
| 1996 | 640 Current prices, million purchasing power standards | -9.6% |
| 1997 | 699 Current prices, million purchasing power standards | +9.2% |
| 1998 | 903 Current prices, million purchasing power standards | +29.2% |
| 1999 | 876 Current prices, million purchasing power standards | -3.0% |
| 2000 | 904 Current prices, million purchasing power standards | +3.2% |
| 2001 | 1,284 Current prices, million purchasing power standards | +42.1% |
| 2002 | 1,287 Current prices, million purchasing power standards | +0.2% |
| 2003 | 1,158 Current prices, million purchasing power standards | -10.0% |
| 2004 | 1,165 Current prices, million purchasing power standards | +0.6% |
| 2005 | 1,280 Current prices, million purchasing power standards | +9.8% |
| 2006 | 1,425 Current prices, million purchasing power standards | +11.3% |
| 2007 | 1,597 Current prices, million purchasing power standards | +12.1% |
| 2008 | 1,814 Current prices, million purchasing power standards | +13.6% |
| 2009 | 1,516 Current prices, million purchasing power standards | -16.4% |
| 2010 | 1,402 Current prices, million purchasing power standards | -7.5% |
| 2011 | 1,534 Current prices, million purchasing power standards | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 765.2 Current prices, million purchasing power standards | 640 Current prices, million purchasing power standards | 903 Current prices, million purchasing power standards | 5 |
| 2000s | 1,343 Current prices, million purchasing power standards | 904 Current prices, million purchasing power standards | 1,814 Current prices, million purchasing power standards | 10 |
| 2010s | 1,468 Current prices, million purchasing power standards | 1,402 Current prices, million purchasing power standards | 1,534 Current prices, million purchasing power standards | 2 |
Countries ranked near Latvia
- 32 Slovenia 2,470 Current prices, million purchasing power standards compare
- 32 Slovenia 2,470 Current prices, million purchasing power standards compare
- 34 Cyprus 1,573 Current prices, million purchasing power standards compare
- 35 Latvia 1,534 Current prices, million purchasing power standards compare
- 37 Estonia 1,200 Current prices, million purchasing power standards compare
- 37 Estonia 1,200 Current prices, million purchasing power standards compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is expenditure on education in current prices in Latvia?
- Expenditure on education in current prices in Latvia was 1,534 Current prices, million purchasing power standards in 2011, according to Eurostat.
- What is the highest expenditure on education in current prices recorded in Latvia?
- The highest recorded value was 1,814 Current prices, million purchasing power standards in 2008.
- What is the lowest expenditure on education in current prices recorded in Latvia?
- The lowest recorded value was 640 Current prices, million purchasing power standards in 1996.
- How does Latvia rank for expenditure on education in current prices?
- Latvia ranks 35th out of 41 countries with data for 2011.
- Is expenditure on education in current prices rising or falling in Latvia?
- Over the last ten years it is up 19.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Expenditure on education in current prices (1995-2011). Statizoid updates them automatically from the source API.
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