Latvia vs South Africa: Annual government deficit/surplus, revenue, expenditure and main

Latvia
7,254 Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
South Africa
1.20 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
Latvia rank
7th
South Africa rank
10th

Annual government deficit/surplus, revenue, expenditure and main over time

  • Latvia
  • South Africa
0250.0k500.0k750.0k1.0M1.2M199520102025

How they compare

South Africa currently reports 1.20 million Domestic currency (incl. conversion to current currency made using a fixed parit against 7,254 Domestic currency (incl. conversion to current currency made using a fixed parit in Latvia, a difference of 1.19 million Domestic currency (incl. conversion to current currency made using a fixed parit.

That makes South Africa's figure about 165.0 times Latvia's.

Across all 31 years both countries report, South Africa has been ahead every year.

Latvia ranks 7th and South Africa ranks 10th of 8 countries.

South Africa has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia South Africa Difference Ahead
1990s 815.49 Domestic currency (incl. conversion to current currency made using a fixed parit 119,087 Domestic currency (incl. conversion to current currency made using a fixed parit 118,271 Domestic currency (incl. conversion to current currency made using a fixed parit South Africa
2000s 1,969 Domestic currency (incl. conversion to current currency made using a fixed parit 238,526 Domestic currency (incl. conversion to current currency made using a fixed parit 236,557 Domestic currency (incl. conversion to current currency made using a fixed parit South Africa
2010s 3,414 Domestic currency (incl. conversion to current currency made using a fixed parit 676,144 Domestic currency (incl. conversion to current currency made using a fixed parit 672,730 Domestic currency (incl. conversion to current currency made using a fixed parit South Africa
2020s 6,071 Domestic currency (incl. conversion to current currency made using a fixed parit 1.07 million Domestic currency (incl. conversion to current currency made using a fixed parit 1.06 million Domestic currency (incl. conversion to current currency made using a fixed parit South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government deficit/surplus, revenue, expenditure and main, Latvia or South Africa?
South Africa, at 1.20 million Domestic currency (incl. conversion to current currency made using a fixed parit against 7,254 Domestic currency (incl. conversion to current currency made using a fixed parit in Latvia as of 2025.
What is the difference in annual government deficit/surplus, revenue, expenditure and main between Latvia and South Africa?
1.19 million Domestic currency (incl. conversion to current currency made using a fixed parit, with South Africa ahead.
How many years of comparable data are there for Latvia and South Africa?
31 years are reported by both, from 1995 to 2025.
How do Latvia and South Africa rank globally for annual government deficit/surplus, revenue, expenditure and main?
Latvia ranks 7th and South Africa ranks 10th of 8 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government deficit/surplus, revenue, expenditure and main aggregates IDC. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs South Africa: Annual government deficit/surplus, revenue, expenditure and main. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 September 2026, from https://public-sector.statizoid.com/compare/annual-government-deficit-surplus-revenue-expenditure-and-main-aggregates-idc/latvia-2/south-africa/

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About this data

Indicator
Annual government deficit/surplus, revenue, expenditure and main aggregates IDC
Unit
Domestic currency (incl. conversion to current currency made using a fixed parit
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,190 data points, 1970–2025
Last refreshed