Total Expenditure (general government) — Value US$, 2015 prices in Latvia
Latvia: Total Expenditure (general government) — Value US$, 2015 prices was 14,371 million USD in 2024. ▲ Rising
Total Expenditure (general government) — Value US$, 2015 prices in Latvia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (general government) — value us$, 2015 prices in Latvia stood at 14,371 million USD. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 43.3% over ten years.
Over the whole period, total expenditure (general government) — value us$, 2015 prices in Latvia peaked at 14,371 million USD in 2024 and was at its lowest, 5,662 million USD, in 2001.
That places Latvia 69th out of 114 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (general government) — Value US$, 2015 prices in Latvia, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 5,662 million USD | — |
| 2002 | 6,233 million USD | +10.1% |
| 2003 | 6,505 million USD | +4.4% |
| 2004 | 7,307 million USD | +12.3% |
| 2005 | 8,024 million USD | +9.8% |
| 2006 | 9,634 million USD | +20.1% |
| 2007 | 10,010 million USD | +3.9% |
| 2008 | 10,526 million USD | +5.2% |
| 2009 | 10,144 million USD | -3.6% |
| 2010 | 9,948 million USD | -1.9% |
| 2011 | 9,374 million USD | -5.8% |
| 2012 | 9,361 million USD | -0.1% |
| 2013 | 9,735 million USD | +4.0% |
| 2014 | 10,026 million USD | +3.0% |
| 2015 | 10,285 million USD | +2.6% |
| 2016 | 10,454 million USD | +1.6% |
| 2017 | 11,208 million USD | +7.2% |
| 2018 | 11,884 million USD | +6.0% |
| 2019 | 11,642 million USD | -2.0% |
| 2020 | 12,533 million USD | +7.7% |
| 2021 | 14,091 million USD | +12.4% |
| 2022 | 13,635 million USD | -3.2% |
| 2023 | 13,795 million USD | +1.2% |
| 2024 | 14,371 million USD | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,227 million USD | 5,662 million USD | 10,526 million USD | 9 |
| 2010s | 10,391 million USD | 9,361 million USD | 11,884 million USD | 10 |
| 2020s | 13,685 million USD | 12,533 million USD | 14,371 million USD | 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$), annual growth rate 12.67 % change on previous year (2025)
Frequently asked questions
- What is total expenditure (general government) — value us$, 2015 prices in Latvia?
- Total expenditure (general government) — value us$, 2015 prices in Latvia was 14,371 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value us$, 2015 prices recorded in Latvia?
- The highest recorded value was 14,371 million USD in 2024.
- What is the lowest total expenditure (general government) — value us$, 2015 prices recorded in Latvia?
- The lowest recorded value was 5,662 million USD in 2001.
- How does Latvia rank for total expenditure (general government) — value us$, 2015 prices?
- Latvia ranks 69th out of 114 countries with data for 2024.
- Is total expenditure (general government) — value us$, 2015 prices rising or falling in Latvia?
- Over the last ten years it is up 43.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) — Value US$, 2015 prices. 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.