Latvia vs Luxembourg: Net operating balance, Transactions
Net operating balance, Transactions over time
- Latvia
- Luxembourg
How they compare
Luxembourg currently reports 615.21 million against 369.64 million in Latvia, a difference of 245.56 million.
That makes Luxembourg's figure about 1.7 times Latvia's.
Across all 23 years both countries report, Luxembourg has been ahead every year.
Latvia ranks 11th and Luxembourg ranks 10th of 35 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -234.18 million | 1.26 billion | 1.49 billion | Luxembourg |
| 2010s | -164.49 million | 1.71 billion | 1.87 billion | Luxembourg |
| 2020s | -752.66 million | 1.41 billion | 2.16 billion | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net operating balance, transactions, Latvia or Luxembourg?
- Luxembourg, at 615.21 million against 369.64 million in Latvia as of 2025.
- What is the difference in net operating balance, transactions between Latvia and Luxembourg?
- 245.56 million, with Luxembourg ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 23 years are reported by both, from 2002 to 2024.
- How do Latvia and Luxembourg rank globally for net operating balance, transactions?
- Latvia ranks 11th and Luxembourg ranks 10th 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.
Individual pages
About this data
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.