Total Expenditure (general government) β€” Value US$ in Latvia, Republic of

Latvia, Republic of: Total Expenditure (general government) β€” Value US$ was 19,879 million USD in 2024. β–² Rising

Latest (2024)
19,879 million USD
Change on year
up 7.0%
World rank
64th
of 113 countries
All-time high
19,879 million USD
in 2024
All-time low
2,904 million USD
in 2001
Years of data
24
2001–2024

Total Expenditure (general government) β€” Value US$ in Latvia, Republic of, 2001–2024

5.0k10.0k15.0k20.0k2001201220242001: 2.9k million USD2002: 3.4k million USD2003: 3.9k million USD2004: 5.0k million USD2005: 5.8k million USD2006: 7.7k million USD2007: 10.4k million USD2008: 13.2k million USD2009: 11.4k million USD2010: 10.6k million USD2011: 11.1k million USD2012: 10.4k million USD2013: 11.4k million USD2014: 12.0k million USD2015: 10.3k million USD2016: 10.5k million USD2017: 11.8k million USD2018: 13.6k million USD2019: 13.1k million USD2020: 14.8k million USD2021: 17.8k million USD2022: 16.8k million USD2023: 18.6k million USD2024: 19.9k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Latvia, Republic of recorded 19,879 million USD for total expenditure (general government) β€” value us$ in 2024. That is the highest value across all 24 years on record.

The figure is up 7.0% on the previous year and up 66.2% over ten years.

Over the whole period, total expenditure (general government) β€” value us$ in Latvia, Republic of peaked at 19,879 million USD in 2024 and was at its lowest, 2,904 million USD, in 2001.

That places Latvia, Republic of 64th out of 113 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,078 million USD 2,904 million USD 13,195 million USD 9
2010s 11,473 million USD 10,285 million USD 13,559 million USD 10
2020s 17,563 million USD 14,773 million USD 19,879 million USD 5

Countries ranked near Latvia, Republic of

  1. 61 Dominican Republic 25,559 million USD compare
  2. 62 Azerbaijan, Republic of 22,184 million USD compare
  3. 63 Angola 22,158 million USD compare
  4. 65 Estonia, Republic of 18,812 million USD compare
  5. 66 Guatemala 17,843 million USD compare
  6. 67 Myanmar 17,763 million USD compare

See the full ranking of 123 places β†’

More economy & growth data for Latvia, Republic of

All data for Latvia, Republic of β†’

Frequently asked questions

What is total expenditure (general government) β€” value us$ in Latvia, Republic of?
Total expenditure (general government) β€” value us$ in Latvia, Republic of was 19,879 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) β€” value us$ recorded in Latvia, Republic of?
The highest recorded value was 19,879 million USD in 2024.
What is the lowest total expenditure (general government) β€” value us$ recorded in Latvia, Republic of?
The lowest recorded value was 2,904 million USD in 2001.
How does Latvia, Republic of rank for total expenditure (general government) β€” value us$?
Latvia, Republic of ranks 64th out of 113 countries with data for 2024.
Is total expenditure (general government) β€” value us$ rising or falling in Latvia, Republic of?
Over the last ten years it is up 66.2%. The long-run trend across the full record is rising.
Where does this Latvia, Republic of data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) β€” Value US$. Statizoid updates them automatically from the source API.

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Total Expenditure (general government) β€” Value US$ in Latvia, Republic of. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/total-expenditure-general-government-value-us/latvia/

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About this data

Indicator
Total Expenditure (general government) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 data points, 2001–2024
Last refreshed

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.