Iceland vs Latvia: Other expense
Iceland
10.6%
in 2023
Latvia
11.6%
in 2023
Iceland rank
40th
Latvia rank
37th
Other expense over time
- Iceland
- Latvia
How they compare
Latvia currently reports 11.6% against 10.6% in Iceland, a difference of 1.0%.
That makes Latvia's figure about 1.1 times Iceland's.
The two have swapped places 7 times across 30 shared years of data; in 1994 it was Iceland ahead.
Iceland ranks 40th and Latvia ranks 37th of 147 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.0% | 12.2% | 5.2% | Latvia |
| 2000s | 12.3% | 14.0% | 1.7% | Latvia |
| 2010s | 11.6% | 13.5% | 1.8% | Latvia |
| 2020s | 10.3% | 11.4% | 1.2% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher other expense, Iceland or Latvia?
- Latvia, at 11.6% against 10.6% in Iceland as of 2023.
- What is the difference in other expense between Iceland and Latvia?
- 1.0%, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 30 years are reported by both, from 1994 to 2023.
- How do Iceland and Latvia rank globally for other expense?
- Iceland ranks 40th and Latvia ranks 37th of 147 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Other expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.