Latvia vs Sweden: 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
Sweden
1.22 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2025
Latvia rank
7th
Sweden rank
8th

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

  • Latvia
  • Sweden
0250.0k500.0k750.0k1.0M1.2M199520102025

How they compare

Sweden currently reports 1.22 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 1.21 million Domestic currency (incl. conversion to current currency made using a fixed parit.

That makes Sweden's figure about 168.3 times Latvia's.

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

Latvia ranks 7th and Sweden ranks 8th of 8 countries.

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

Head to head by decade

Decade Latvia Sweden Difference Ahead
1990s 815.49 Domestic currency (incl. conversion to current currency made using a fixed parit 395,686 Domestic currency (incl. conversion to current currency made using a fixed parit 394,871 Domestic currency (incl. conversion to current currency made using a fixed parit Sweden
2000s 1,969 Domestic currency (incl. conversion to current currency made using a fixed parit 535,527 Domestic currency (incl. conversion to current currency made using a fixed parit 533,557 Domestic currency (incl. conversion to current currency made using a fixed parit Sweden
2010s 3,414 Domestic currency (incl. conversion to current currency made using a fixed parit 761,104 Domestic currency (incl. conversion to current currency made using a fixed parit 757,691 Domestic currency (incl. conversion to current currency made using a fixed parit Sweden
2020s 6,071 Domestic currency (incl. conversion to current currency made using a fixed parit 1.09 million Domestic currency (incl. conversion to current currency made using a fixed parit 1.08 million Domestic currency (incl. conversion to current currency made using a fixed parit Sweden

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 Sweden?
Sweden, at 1.22 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 Sweden?
1.21 million Domestic currency (incl. conversion to current currency made using a fixed parit, with Sweden ahead.
How many years of comparable data are there for Latvia and Sweden?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Sweden rank globally for annual government deficit/surplus, revenue, expenditure and main?
Latvia ranks 7th and Sweden ranks 8th 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 Sweden: Annual government deficit/surplus, revenue, expenditure and main. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 11 September 2026, from https://public-sector.statizoid.com/compare/annual-government-deficit-surplus-revenue-expenditure-and-main-aggregates-idc/latvia-2/sweden/

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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