Latvia General government total expenditure (% of GDP) Statistics

14, Dec 2019, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Latvia › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Latvia indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Lats
Currency Symbol: LVL

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) Statistics for Latvia , Year 2015 - In Detail

General government total expenditure (% of GDP) for Latvia in year 2015 is 37.717 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Latvia No. 68 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Latvia is 3.84 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Latvia was 37.89 % General government total expenditure (% of GDP) for Latvia in 2015 was or will be 0.46% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Latvia was or will be 37.29 %, which is 1.13% less than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for Latvia, in other Years
Year %
  2021 35.771
  2020 36.035
  2019 36.981
  2018 37.486
  2017 37.492
  2016 37.292
2015 37.717
  2014 37.89
  2013 37.381
  2012 37.38
  2011 38.844
  2010 43.063
  2009 42.83
  2008 36.671
  2007 33.157
  2006 33.926
  2005 34.549
  2004 33.51
  2003 32.994
  2002 34.294
  2001 34.365
  2000 36.233
  1999 39.322
  1998 37.041
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a