Latvia vs Vanuatu: Subsidies and other transfers
Subsidies and other transfers over time
- Latvia
- Vanuatu
How they compare
Latvia currently reports 8.15 billion current LCU against 6.71 billion current LCU in Vanuatu, a difference of 1.44 billion current LCU.
That makes Latvia's figure about 1.2 times Vanuatu's.
The two have swapped places 4 times across 15 shared years of data; in 2009 it was Latvia ahead.
Latvia ranks 121st and Vanuatu ranks 124th of 153 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.86 billion current LCU | 1.59 billion current LCU | 2.27 billion current LCU | Latvia |
| 2010s | 4.13 billion current LCU | 3.04 billion current LCU | 1.09 billion current LCU | Latvia |
| 2020s | 7.23 billion current LCU | 6.72 billion current LCU | 507.02 million current LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latvia or Vanuatu?
- Latvia, at 8.15 billion current LCU against 6.71 billion current LCU in Vanuatu as of 2024.
- What is the difference in subsidies and other transfers between Latvia and Vanuatu?
- 1.44 billion current LCU, with Latvia ahead.
- How many years of comparable data are there for Latvia and Vanuatu?
- 15 years are reported by both, from 2009 to 2023.
- How do Latvia and Vanuatu rank globally for subsidies and other transfers?
- Latvia ranks 121st and Vanuatu ranks 124th 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.