Cyprus vs Latvia: Expense

Cyprus
12.48 billion current LCU
in 2023
Latvia
13.53 billion current LCU
in 2023
Cyprus rank
131st
Latvia rank
130th

Expense over time

  • Cyprus
  • Latvia
05.0B10.0B15.0B197219972023

How they compare

Latvia currently reports 13.53 billion current LCU against 12.48 billion current LCU in Cyprus, a difference of 1.05 billion current LCU.

That makes Latvia's figure about 1.1 times Cyprus's.

The two have swapped places 3 times across 30 shared years of data; in 1994 it was Cyprus ahead.

Cyprus ranks 131st and Latvia ranks 130th of 157 countries.

Across the 4 decades both report, Cyprus averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Cyprus Latvia Difference Ahead
1990s 2.54 billion current LCU 1.51 billion current LCU 1.03 billion current LCU Cyprus
2000s 5.50 billion current LCU 4.04 billion current LCU 1.46 billion current LCU Cyprus
2010s 8.35 billion current LCU 7.57 billion current LCU 785.06 million current LCU Cyprus
2020s 10.86 billion current LCU 12.42 billion current LCU 1.56 billion current LCU Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Cyprus or Latvia?
Latvia, at 13.53 billion current LCU against 12.48 billion current LCU in Cyprus as of 2023.
What is the difference in expense between Cyprus and Latvia?
1.05 billion current LCU, with Latvia ahead.
How many years of comparable data are there for Cyprus and Latvia?
30 years are reported by both, from 1994 to 2023.
How do Cyprus and Latvia rank globally for expense?
Cyprus ranks 131st and Latvia ranks 130th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 September 2026, from https://public-sector.statizoid.com/compare/expense-current-lcu/cyprus/latvia/

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About this data

Indicator
Expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,452 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.