Australia vs Latvia: Goods and services expense
Australia
10.8%
in 2022
Latvia
11.0%
in 2023
Australia rank
99th
Latvia rank
98th
Goods and services expense over time
- Australia
- Latvia
How they compare
Latvia currently reports 11.0% against 10.8% in Australia, a difference of 0.2%.
The two have swapped places 1 time across 29 shared years of data; in 1994 it was Australia ahead.
Australia ranks 99th and Latvia ranks 98th of 154 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 24.4% | 14.7% | 9.7% | Australia |
| 2000s | 10.2% | 15.2% | 4.9% | Latvia |
| 2010s | 10.2% | 11.3% | 1.1% | Latvia |
| 2020s | 9.8% | 10.8% | 1.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Australia or Latvia?
- Latvia, at 11.0% against 10.8% in Australia as of 2023.
- What is the difference in goods and services expense between Australia and Latvia?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 29 years are reported by both, from 1994 to 2022.
- How do Australia and Latvia rank globally for goods and services expense?
- Australia ranks 99th and Latvia ranks 98th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.