Latvia vs Lithuania: Goods and services expense

Latvia
1.47 billion current LCU
in 2024
Lithuania
1.89 billion current LCU
in 2024
Latvia rank
129th
Lithuania rank
126th

Goods and services expense over time

  • Latvia
  • Lithuania
0500.0M1.0B1.5B2.0B199120072024

How they compare

Lithuania currently reports 1.89 billion current LCU against 1.47 billion current LCU in Latvia, a difference of 423.01 million current LCU.

That makes Lithuania's figure about 1.3 times Latvia's.

The two have swapped places 2 times across 31 shared years of data; in 1994 it was Lithuania ahead.

Latvia ranks 129th and Lithuania ranks 126th of 155 countries.

Lithuania has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Lithuania Difference Ahead
1990s 212.98 million current LCU 656.93 million current LCU 443.95 million current LCU Lithuania
2000s 567.39 million current LCU 799.56 million current LCU 232.16 million current LCU Lithuania
2010s 850.77 million current LCU 1.04 billion current LCU 187.39 million current LCU Lithuania
2020s 1.37 billion current LCU 1.51 billion current LCU 140.40 million current LCU Lithuania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Latvia or Lithuania?
Lithuania, at 1.89 billion current LCU against 1.47 billion current LCU in Latvia as of 2024.
What is the difference in goods and services expense between Latvia and Lithuania?
423.01 million current LCU, with Lithuania ahead.
How many years of comparable data are there for Latvia and Lithuania?
31 years are reported by both, from 1994 to 2024.
How do Latvia and Lithuania rank globally for goods and services expense?
Latvia ranks 129th and Lithuania ranks 126th 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.