Latvia vs South Africa: Goods and services expense
Latvia
11.0%
in 2023
South Africa
11.5%
in 2022
Latvia rank
98th
South Africa rank
97th
Goods and services expense over time
- Latvia
- South Africa
How they compare
South Africa currently reports 11.5% against 11.0% in Latvia, a difference of 0.5%.
The two have swapped places 5 times across 29 shared years of data; in 1994 it was Latvia ahead.
Latvia ranks 98th and South Africa ranks 97th of 154 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.7% | 8.8% | 5.9% | Latvia |
| 2000s | 15.2% | 11.7% | 3.4% | Latvia |
| 2010s | 11.3% | 11.2% | 0.0% | Latvia |
| 2020s | 10.8% | 9.7% | 1.2% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Latvia or South Africa?
- South Africa, at 11.5% against 11.0% in Latvia as of 2022.
- What is the difference in goods and services expense between Latvia and South Africa?
- 0.5%, with South Africa ahead.
- How many years of comparable data are there for Latvia and South Africa?
- 29 years are reported by both, from 1994 to 2022.
- How do Latvia and South Africa rank globally for goods and services expense?
- Latvia ranks 98th and South Africa ranks 97th 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.