Total Expenditure (central government) β Value US$ in Latvia
Latvia: Total Expenditure (central government) β Value US$ was 12,487 million USD in 2024. β² Rising
Total Expenditure (central government) β Value US$ in Latvia, 2001β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) β value us$ in Latvia is 12,487 million USD, measured in 2024. That is the highest value across all 24 years on record.
The figure is up 10.5% on the previous year and up 78.2% over ten years.
Over the whole period, total expenditure (central government) β value us$ in Latvia peaked at 12,487 million USD in 2024 and was at its lowest, 1,520 million USD, in 2001.
Latvia ranks 83rd of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,191 million USD | 1,520 million USD | 8,076 million USD | 9 |
| 2010s | 6,726 million USD | 5,917 million USD | 7,826 million USD | 10 |
| 2020s | 10,945 million USD | 9,098 million USD | 12,487 million USD | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,041 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
- US dollar per domestic currency (End-of-period (EoP)) 1.94 (2013)
- Gdp worldbank constant usd, annual growth rate 2.14 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.642 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 16,892 units per person (2025)
Frequently asked questions
- What is total expenditure (central government) β value us$ in Latvia?
- Total expenditure (central government) β value us$ in Latvia was 12,487 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) β value us$ recorded in Latvia?
- The highest recorded value was 12,487 million USD in 2024.
- What is the lowest total expenditure (central government) β value us$ recorded in Latvia?
- The lowest recorded value was 1,520 million USD in 2001.
- How does Latvia rank for total expenditure (central government) β value us$?
- Latvia ranks 83rd out of 172 countries with data for 2024.
- Is total expenditure (central government) β value us$ rising or falling in Latvia?
- Over the last ten years it is up 78.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) β Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.