Estonia vs Latvia: Net operating balance, Transactions

Estonia
915.60 million
in 2025
Latvia
369.64 million
in 2024
Estonia rank
9th
Latvia rank
11th

Net operating balance, Transactions over time

  • Estonia
  • Latvia
-2.0B-1.0B01.0B199920122025

How they compare

Estonia currently reports 915.60 million against 369.64 million in Latvia, a difference of 545.96 million.

That makes Estonia's figure about 2.5 times Latvia's.

Across all 23 years both countries report, Estonia has been ahead every year.

Estonia ranks 9th and Latvia ranks 11th 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 460.80 million -234.18 million 694.98 million Estonia
2010s 393.45 million -164.49 million 557.94 million Estonia
2020s 268.12 million -752.66 million 1.02 billion Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net operating balance, transactions, Estonia or Latvia?
Estonia, at 915.60 million against 369.64 million in Latvia as of 2025.
What is the difference in net operating balance, transactions between Estonia and Latvia?
545.96 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 net operating balance, transactions?
Estonia ranks 9th and Latvia ranks 11th of 35 countries.
Where does this data come from?
International Monetary Fund, published as Net 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: Net operating balance, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://public-sector.statizoid.com/compare/net-operating-balance-transactions-statement-of-operations-general-government/estonia/latvia/

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About this data

Indicator
Net 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.