Estonia vs Latvia: Expenditure, Transactions
Estonia
18.91 billion
in 2025
Latvia
18.42 billion
in 2024
Estonia rank
32nd
Latvia rank
33rd
Expenditure, Transactions over time
- Estonia
- Latvia
How they compare
Estonia currently reports 18.91 billion against 18.42 billion in Latvia, a difference of 486.70 million.
Across all 23 years both countries report, Latvia has been ahead every year.
Estonia ranks 32nd and Latvia ranks 33rd of 35 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.53 billion | 5.86 billion | 1.34 billion | Latvia |
| 2010s | 8.21 billion | 9.56 billion | 1.35 billion | Latvia |
| 2020s | 14.86 billion | 15.91 billion | 1.05 billion | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expenditure, transactions, Estonia or Latvia?
- Estonia, at 18.91 billion against 18.42 billion in Latvia as of 2025.
- What is the difference in expenditure, transactions between Estonia and Latvia?
- 486.70 million, with Estonia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 23 years are reported by both, from 2002 to 2024.
- How do Estonia and Latvia rank globally for expenditure, transactions?
- Estonia ranks 32nd and Latvia ranks 33rd of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Expenditure, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.