Estonia vs Latvia: Goods and services expense

Estonia
1.37 billion current LCU
in 2024
Latvia
1.47 billion current LCU
in 2024
Estonia rank
131st
Latvia rank
129th

Goods and services expense over time

  • Estonia
  • Latvia
0500.0M1.0B1.5B199120072024

How they compare

Latvia currently reports 1.47 billion current LCU against 1.37 billion current LCU in Estonia, a difference of 93.66 million current LCU.

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

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Latvia ahead.

Estonia ranks 131st and Latvia ranks 129th of 155 countries.

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

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 240.26 million current LCU 236.08 million current LCU 4.18 million current LCU Estonia
2000s 409.79 million current LCU 567.39 million current LCU 157.61 million current LCU Latvia
2010s 757.13 million current LCU 850.77 million current LCU 93.63 million current LCU Latvia
2020s 1.20 billion current LCU 1.37 billion current LCU 169.41 million current LCU Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Estonia or Latvia?
Latvia, at 1.47 billion current LCU against 1.37 billion current LCU in Estonia as of 2024.
What is the difference in goods and services expense between Estonia and Latvia?
93.66 million current LCU, with Latvia ahead.
How many years of comparable data are there for Estonia and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Estonia and Latvia rank globally for goods and services expense?
Estonia ranks 131st and Latvia ranks 129th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services 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
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.