Latvia vs Thailand: Deficit, Percent of own spending

Latvia
-0.2415
in 2020
Thailand
-0.2651
in 2020
Latvia rank
30th
Thailand rank
31st

Deficit, Percent of own spending over time

  • Latvia
  • Thailand
-0.3-0.2-0.1-00.1199520072020

How they compare

Latvia currently reports -0.2415 against -0.2651 in Thailand, a difference of 0.0236.

The two have swapped places 6 times across 19 shared years of data; in 2002 it was Latvia ahead.

Latvia ranks 30th and Thailand ranks 31st of 66 countries.

Across the 3 decades both report, Latvia averaged higher in 1 and Thailand in 2.

Head to head by decade

Decade Latvia Thailand Difference Ahead
2000s -0.1507 -0.041 0.1097 Thailand
2010s -0.0896 -0.0804 0.0092 Thailand
2020s -0.2415 -0.2651 0.0235 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher deficit, percent of own spending, Latvia or Thailand?
Latvia, at -0.2415 against -0.2651 in Thailand as of 2020.
What is the difference in deficit, percent of own spending between Latvia and Thailand?
0.0236, with Latvia ahead.
How many years of comparable data are there for Latvia and Thailand?
19 years are reported by both, from 2002 to 2020.
How do Latvia and Thailand rank globally for deficit, percent of own spending?
Latvia ranks 30th and Thailand ranks 31st 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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Latvia vs Thailand: Deficit, Percent of own spending. Statizoid, drawing on International Monetary Fund. Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/deficit-percent-of-own-spending-central-government/latvia/thailand/

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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.