Government spending vs gdp per capita in Latvia
Latvia: Government spending vs gdp per capita was 44.47 in 2024. ▲ Rising
Latest (2024)
44.47
Change on year
up 3.2%
World rank
29th
of 151 countries
All-time high
44.59
in 2021
All-time low
34.43
in 2003
Years of data
27
1998–2024
Government spending vs gdp per capita in Latvia, 1998–2024
Source: Our World in Data.
Analysis
The most recent figure for government spending vs gdp per capita in Latvia is 44.47, measured in 2024.
The figure is up 3.2% on the previous year and up 13.5% over ten years.
Over the whole period, government spending vs gdp per capita in Latvia peaked at 44.59 in 2021 and was at its lowest, 34.43, in 2003.
Latvia ranks 29th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Government spending vs gdp per capita in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 38.09 | — |
| 1999 | 40.43 | +6.1% |
| 2000 | 37.04 | -8.4% |
| 2001 | 35.02 | -5.5% |
| 2002 | 35.36 | +1.0% |
| 2003 | 34.43 | -2.6% |
| 2004 | 34.8 | +1.1% |
| 2005 | 35.81 | +2.9% |
| 2006 | 35.55 | -0.7% |
| 2007 | 34.76 | -2.2% |
| 2008 | 38.18 | +9.8% |
| 2009 | 43.59 | +14.1% |
| 2010 | 43.55 | -0.1% |
| 2011 | 41.24 | -5.3% |
| 2012 | 38.55 | -6.5% |
| 2013 | 38.68 | +0.3% |
| 2014 | 39.18 | +1.3% |
| 2015 | 38.7 | -1.2% |
| 2016 | 37.41 | -3.3% |
| 2017 | 37.83 | +1.1% |
| 2018 | 39.4 | +4.1% |
| 2019 | 38.98 | -1.1% |
| 2020 | 42.64 | +9.4% |
| 2021 | 44.59 | +4.6% |
| 2022 | 43.54 | -2.3% |
| 2023 | 43.07 | -1.1% |
| 2024 | 44.47 | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.26 | 38.09 | 40.43 | 2 |
| 2000s | 36.46 | 34.43 | 43.59 | 10 |
| 2010s | 39.35 | 37.41 | 43.55 | 10 |
| 2020s | 43.66 | 42.64 | 44.59 | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross domestic savings (current US$), annual growth rate 8.25 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1948 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 5,125 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 3.69 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.1724 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 4,535 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.91 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9492 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 24,976 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.67 % change on previous year (2025)
Frequently asked questions
- What is government spending vs gdp per capita in Latvia?
- Government spending vs gdp per capita in Latvia was 44.47 in 2024, according to Our World in Data.
- What is the highest government spending vs gdp per capita recorded in Latvia?
- The highest recorded value was 44.59 in 2021.
- What is the lowest government spending vs gdp per capita recorded in Latvia?
- The lowest recorded value was 34.43 in 2003.
- How does Latvia rank for government spending vs gdp per capita?
- Latvia ranks 29th out of 151 countries with data for 2024.
- Is government spending vs gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 13.5%. 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 vs gdp per capita. Statizoid updates them automatically from the source API.
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