Government spending by function as share of gdp across countries in Latvia
Latvia: Government spending by function as share of gdp across countries was 13.46 in 2023. ▲ Rising
Government spending by function as share of gdp across countries in Latvia, 2007–2023
Source: Our World in Data.
Analysis
The most recent figure for government spending by function as share of gdp across countries in Latvia is 13.46, measured in 2023.
That represents a change of down 4.0% on the previous year and up 12.7% over ten years.
Over the whole period, government spending by function as share of gdp across countries in Latvia peaked at 14.38 in 2010 and was at its lowest, 8.35, in 2007.
Latvia ranks 23rd of 37 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Government spending by function as share of gdp across countries in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 8.35 | — |
| 2008 | 9.44 | +13.1% |
| 2009 | 14.25 | +51.0% |
| 2010 | 14.38 | +0.9% |
| 2011 | 12.99 | -9.7% |
| 2012 | 11.79 | -9.2% |
| 2013 | 11.94 | +1.3% |
| 2014 | 11.79 | -1.3% |
| 2015 | 12.12 | +2.8% |
| 2016 | 12.16 | +0.4% |
| 2017 | 12.03 | -1.0% |
| 2018 | 11.95 | -0.7% |
| 2019 | 12.42 | +4.0% |
| 2020 | 13.58 | +9.3% |
| 2021 | 13.94 | +2.7% |
| 2022 | 14.01 | +0.5% |
| 2023 | 13.46 | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.68 | 8.35 | 14.25 | 3 |
| 2010s | 12.36 | 11.79 | 14.38 | 10 |
| 2020s | 13.75 | 13.46 | 14.01 | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,649 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5771 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 15,184 constant LCU per person (2025)
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
Frequently asked questions
- What is government spending by function as share of gdp across countries in Latvia?
- Government spending by function as share of gdp across countries in Latvia was 13.46 in 2023, according to Our World in Data.
- What is the highest government spending by function as share of gdp across countries recorded in Latvia?
- The highest recorded value was 14.38 in 2010.
- What is the lowest government spending by function as share of gdp across countries recorded in Latvia?
- The lowest recorded value was 8.35 in 2007.
- How does Latvia rank for government spending by function as share of gdp across countries?
- Latvia ranks 23rd out of 37 countries with data for 2023.
- Is government spending by function as share of gdp across countries rising or falling in Latvia?
- Over the last ten years it is up 12.7%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Government spending by function as share of gdp across countries. Statizoid updates them automatically from the source API.
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