Bhutan vs Latvia: Subsidies and other transfers
Subsidies and other transfers over time
- Bhutan
- Latvia
How they compare
Latvia currently reports 8.15 billion current LCU against 6.96 billion current LCU in Bhutan, a difference of 1.19 billion current LCU.
That makes Latvia's figure about 1.2 times Bhutan's.
The two have swapped places 3 times across 27 shared years of data; in 1994 it was Latvia ahead.
Bhutan ranks 122nd and Latvia ranks 121st of 153 countries.
Across the 4 decades both report, Bhutan averaged higher in 1 and Latvia in 3.
Head to head by decade
| Decade | Bhutan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 213.42 million current LCU | 752.04 million current LCU | 538.62 million current LCU | Latvia |
| 2000s | 353.88 million current LCU | 1.99 billion current LCU | 1.64 billion current LCU | Latvia |
| 2010s | 2.05 billion current LCU | 4.13 billion current LCU | 2.08 billion current LCU | Latvia |
| 2020s | 6.96 billion current LCU | 6.00 billion current LCU | 961.41 million current LCU | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Bhutan or Latvia?
- Latvia, at 8.15 billion current LCU against 6.96 billion current LCU in Bhutan as of 2024.
- What is the difference in subsidies and other transfers between Bhutan and Latvia?
- 1.19 billion current LCU, with Latvia ahead.
- How many years of comparable data are there for Bhutan and Latvia?
- 27 years are reported by both, from 1994 to 2020.
- How do Bhutan and Latvia rank globally for subsidies and other transfers?
- Bhutan ranks 122nd and Latvia ranks 121st of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.