Latvia vs Norway: Annual government expenditure by function (COFOG) — Gross capital

Latvia
2,714 National currency
in 2024
Norway
283,224 National currency
in 2024
Latvia rank
8th
Norway rank
9th

Annual government expenditure by function (COFOG) — Gross capital over time

  • Latvia
  • Norway
0100.0k200.0k300.0k199520092024

How they compare

Norway currently reports 283,224 National currency against 2,714 National currency in Latvia, a difference of 280,510 National currency.

That makes Norway's figure about 104.4 times Latvia's.

Across all 30 years both countries report, Norway has been ahead every year.

Latvia ranks 8th and Norway ranks 9th of 8 countries.

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

Head to head by decade

Decade Latvia Norway Difference Ahead
1990s 99 National currency 47,458 National currency 47,359 National currency Norway
2000s 614.32 National currency 72,440 National currency 71,825 National currency Norway
2010s 1,189 National currency 149,769 National currency 148,580 National currency Norway
2020s 2,090 National currency 244,331 National currency 242,241 National currency Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government expenditure by function (cofog) — gross capital, Latvia or Norway?
Norway, at 283,224 National currency against 2,714 National currency in Latvia as of 2024.
What is the difference in annual government expenditure by function (cofog) — gross capital between Latvia and Norway?
280,510 National currency, with Norway ahead.
How many years of comparable data are there for Latvia and Norway?
30 years are reported by both, from 1995 to 2024.
How do Latvia and Norway rank globally for annual government expenditure by function (cofog) — gross capital?
Latvia ranks 8th and Norway ranks 9th of 8 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Norway: Annual government expenditure by function (COFOG) — Gross capital. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 03 September 2026, from https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-capital-formation-and-acquisitions/latvia-2/norway/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
39 places, 1,128 data points, 1970–2025
Last refreshed

This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org