Latvia vs Lithuania: Annual government: Gross fixed capital formation … function fixed

Latvia
2,561 National currency
in 2024
Lithuania
3,326 National currency
in 2024
Latvia rank
7th
Lithuania rank
6th

Annual government: Gross fixed capital formation … function fixed over time

  • Latvia
  • Lithuania
01.0k2.0k3.0k199520092024

How they compare

Lithuania currently reports 3,326 National currency against 2,561 National currency in Latvia, a difference of 765 National currency.

That makes Lithuania's figure about 1.3 times Latvia's.

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Lithuania ahead.

Latvia ranks 7th and Lithuania ranks 6th of 8 countries.

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

Head to head by decade

Decade Latvia Lithuania Difference Ahead
1990s 98.17 National currency 280.66 National currency 182.49 National currency Lithuania
2000s 600.98 National currency 857.74 National currency 256.76 National currency Lithuania
2010s 1,176 National currency 1,419 National currency 242.58 National currency Lithuania
2020s 2,012 National currency 2,526 National currency 514.06 National currency Lithuania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government expenditure by function (cofog) — gross fixed, Latvia or Lithuania?
Lithuania, at 3,326 National currency against 2,561 National currency in Latvia as of 2024.
What is the difference in annual government expenditure by function (cofog) — gross fixed between Latvia and Lithuania?
765 National currency, with Lithuania ahead.
How many years of comparable data are there for Latvia and Lithuania?
30 years are reported by both, from 1995 to 2024.
How do Latvia and Lithuania rank globally for annual government expenditure by function (cofog) — gross fixed?
Latvia ranks 7th and Lithuania ranks 6th 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 fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Lithuania: Annual government expenditure by function (COFOG) — Gross fixed. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 October 2026, from https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/latvia-2/lithuania-2/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 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