Cyprus vs Latvia: Expense, Transactions

Cyprus
14.21 billion
in 2025
Latvia
17.32 billion
in 2024
Cyprus rank
34th
Latvia rank
32nd

Expense, Transactions over time

  • Cyprus
  • Latvia
5.0B10.0B15.0B199920122025

How they compare

Latvia currently reports 17.32 billion against 14.21 billion in Cyprus, a difference of 3.10 billion.

That makes Latvia's figure about 1.2 times Cyprus's.

The two have swapped places 5 times across 26 shared years of data; in 1999 it was Cyprus ahead.

Cyprus ranks 34th and Latvia ranks 32nd of 35 countries.

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

Head to head by decade

Decade Cyprus Latvia Difference Ahead
1990s 3.31 billion 2.75 billion 558.50 million Cyprus
2000s 5.66 billion 5.06 billion 595.32 million Cyprus
2010s 8.58 billion 9.30 billion 721.42 million Latvia
2020s 11.58 billion 15.27 billion 3.69 billion Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, transactions, Cyprus or Latvia?
Latvia, at 17.32 billion against 14.21 billion in Cyprus as of 2024.
What is the difference in expense, transactions between Cyprus and Latvia?
3.10 billion, with Latvia ahead.
How many years of comparable data are there for Cyprus and Latvia?
26 years are reported by both, from 1999 to 2024.
How do Cyprus and Latvia rank globally for expense, transactions?
Cyprus ranks 34th and Latvia ranks 32nd of 35 countries.
Where does this data come from?
International Monetary Fund, published as Expense, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: Expense, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://public-sector.statizoid.com/compare/expense-transactions-statement-of-operations-general-government/cyprus/latvia/

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About this data

Indicator
Expense, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

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.