Korea vs Latvia: NAAG Chapter 6A … Expenditure by function of general government

Korea
35.6 Percentage of GDP
in 2023
Latvia
45.31 Percentage of GDP
in 2024
Korea rank
2nd
Latvia rank
5th

NAAG Chapter 6A … Expenditure by function of general government over time

  • Korea
  • Latvia
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How they compare

Latvia currently reports 45.31 Percentage of GDP against 35.6 Percentage of GDP in Korea, a difference of 9.71 Percentage of GDP.

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

Across all 29 years both countries report, Latvia has been ahead every year.

Korea ranks 2nd and Latvia ranks 5th of 2 groups.

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

Head to head by decade

Decade Korea Latvia Difference Ahead
1990s 22.13 Percentage of GDP 38.07 Percentage of GDP 15.94 Percentage of GDP Latvia
2000s 26.89 Percentage of GDP 37.94 Percentage of GDP 11.05 Percentage of GDP Latvia
2010s 29.26 Percentage of GDP 41.01 Percentage of GDP 11.74 Percentage of GDP Latvia
2020s 35.98 Percentage of GDP 44.62 Percentage of GDP 8.64 Percentage of GDP Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher naag chapter 6a: government expenditure by function — expenditure by, Korea or Latvia?
Latvia, at 45.31 Percentage of GDP against 35.6 Percentage of GDP in Korea as of 2024.
What is the difference in naag chapter 6a: government expenditure by function — expenditure by between Korea and Latvia?
9.71 Percentage of GDP, with Latvia ahead.
How many years of comparable data are there for Korea and Latvia?
29 years are reported by both, from 1995 to 2023.
How do Korea and Latvia rank globally for naag chapter 6a: government expenditure by function — expenditure by?
Korea ranks 2nd and Latvia ranks 5th of 2 groups.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as NAAG Chapter 6A: Government expenditure by function — Expenditure by function of general government. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Latvia: NAAG Chapter 6A: Government expenditure by function — Expenditure by. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 13 October 2026, from https://public-sector.statizoid.com/compare/naag-chapter-6a-government-expenditure-by-function-expenditure-by-function-of-general/korea/latvia-2/

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About this data

Indicator
NAAG Chapter 6A: Government expenditure by function — Expenditure by function of general government
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,033 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.