Estonia vs Latvia: Gross operating balance, Transactions

Estonia
2.38 billion
in 2025
Latvia
1.98 billion
in 2024
Estonia rank
19th
Latvia rank
22nd

Gross operating balance, Transactions over time

  • Estonia
  • Latvia
-1.0B01.0B2.0B199920122025

How they compare

Estonia currently reports 2.38 billion against 1.98 billion in Latvia, a difference of 395.11 million.

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

The two have swapped places 2 times across 23 shared years of data; in 2002 it was Estonia ahead.

Estonia ranks 19th and Latvia ranks 22nd of 35 countries.

Estonia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Estonia Latvia Difference Ahead
2000s 746.29 million 285.26 million 461.03 million Estonia
2010s 1.04 billion 763.41 million 274.13 million Estonia
2020s 1.39 billion 701.05 million 692.69 million Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross operating balance, transactions, Estonia or Latvia?
Estonia, at 2.38 billion against 1.98 billion in Latvia as of 2025.
What is the difference in gross operating balance, transactions between Estonia and Latvia?
395.11 million, with Estonia ahead.
How many years of comparable data are there for Estonia and Latvia?
23 years are reported by both, from 2002 to 2024.
How do Estonia and Latvia rank globally for gross operating balance, transactions?
Estonia ranks 19th and Latvia ranks 22nd of 35 countries.
Where does this data come from?
International Monetary Fund, published as Gross operating balance, 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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Estonia vs Latvia: Gross operating balance, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/gross-operating-balance-transactions-statement-of-operations-general-government/estonia/latvia/

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About this data

Indicator
Gross operating balance, 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.