Total Expenditure (general government) — Value Standard Local Currency in Latvia
Latvia: Total Expenditure (general government) — Value Standard Local Currency was 18,366 million SLC in 2024. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Latvia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (general government) — value standard local currency in Latvia is 18,366 million SLC, measured in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 104.0% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Latvia peaked at 18,366 million SLC in 2024 and was at its lowest, 2,594 million SLC, in 2001.
Latvia ranks 92nd of 114 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Latvia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 2,594 million SLC | — |
| 2002 | 2,949 million SLC | +13.7% |
| 2003 | 3,190 million SLC | +8.2% |
| 2004 | 3,831 million SLC | +20.1% |
| 2005 | 4,647 million SLC | +21.3% |
| 2006 | 6,149 million SLC | +32.3% |
| 2007 | 7,639 million SLC | +24.2% |
| 2008 | 9,027 million SLC | +18.2% |
| 2009 | 8,201 million SLC | -9.2% |
| 2010 | 8,003 million SLC | -2.4% |
| 2011 | 7,896 million SLC | -1.3% |
| 2012 | 8,112 million SLC | +2.7% |
| 2013 | 8,596 million SLC | +6.0% |
| 2014 | 9,001 million SLC | +4.7% |
| 2015 | 9,270 million SLC | +3.0% |
| 2016 | 9,479 million SLC | +2.3% |
| 2017 | 10,439 million SLC | +10.1% |
| 2018 | 11,482 million SLC | +10.0% |
| 2019 | 11,733 million SLC | +2.2% |
| 2020 | 12,934 million SLC | +10.2% |
| 2021 | 15,022 million SLC | +16.1% |
| 2022 | 15,965 million SLC | +6.3% |
| 2023 | 17,187 million SLC | +7.7% |
| 2024 | 18,366 million SLC | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,359 million SLC | 2,594 million SLC | 9,027 million SLC | 9 |
| 2010s | 9,401 million SLC | 7,896 million SLC | 11,733 million SLC | 10 |
| 2020s | 15,895 million SLC | 12,934 million SLC | 18,366 million SLC | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
- 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)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Latvia?
- Total expenditure (general government) — value standard local currency in Latvia was 18,366 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Latvia?
- The highest recorded value was 18,366 million SLC in 2024.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Latvia?
- The lowest recorded value was 2,594 million SLC in 2001.
- How does Latvia rank for total expenditure (general government) — value standard local currency?
- Latvia ranks 92nd out of 114 countries with data for 2024.
- Is total expenditure (general government) — value standard local currency rising or falling in Latvia?
- Over the last ten years it is up 104.0%. 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 (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.