Georgia vs Latvia: Deficit, Percent of own spending

Georgia
-0.2775
in 2020
Latvia
-0.2415
in 2020
Georgia rank
32nd
Latvia rank
30th

Deficit, Percent of own spending over time

  • Georgia
  • Latvia
-0.4-0.2-0199520072020

How they compare

Latvia currently reports -0.2415 against -0.2775 in Georgia, a difference of 0.036.

The two have swapped places 8 times across 26 shared years of data; in 1995 it was Latvia ahead.

Georgia ranks 32nd and Latvia ranks 30th of 66 countries.

Across the 4 decades both report, Georgia averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Georgia Latvia Difference Ahead
1990s -0.3754 -0.0828 0.2925 Latvia
2000s -0.0442 -0.1391 0.0949 Georgia
2010s -0.0651 -0.0896 0.0246 Georgia
2020s -0.2775 -0.2415 0.036 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deficit, percent of own spending, Georgia or Latvia?
Latvia, at -0.2415 against -0.2775 in Georgia as of 2020.
What is the difference in deficit, percent of own spending between Georgia and Latvia?
0.036, with Latvia ahead.
How many years of comparable data are there for Georgia and Latvia?
26 years are reported by both, from 1995 to 2020.
How do Georgia and Latvia rank globally for deficit, percent of own spending?
Georgia ranks 32nd and Latvia ranks 30th of 66 countries.
Where does this data come from?
International Monetary Fund, published as Deficit, Percent of own spending (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Georgia vs Latvia: Deficit, Percent of own spending. Statizoid, drawing on International Monetary Fund. Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/deficit-percent-of-own-spending-central-government/georgia/latvia/

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About this data

Indicator
Deficit, Percent of own spending (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,155 data points, 1989–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.