Heavily indebted poor countries (HIPC) vs Latvia: Subsidies and other transfers
Subsidies and other transfers over time
- Heavily indebted poor countries (HIPC)
- Latvia
How they compare
Latvia currently reports 58.2% against 26.3% in Heavily indebted poor countries (HIPC), a difference of 31.9%.
That makes Latvia's figure about 2.2 times Heavily indebted poor countries (HIPC)'s.
Across all 11 years both countries report, Latvia has been ahead every year.
Heavily indebted poor countries (HIPC) ranks 36th and Latvia ranks 34th of 40 groups.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Heavily indebted poor countries (HIPC) | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 22.8% | 54.7% | 31.9% | Latvia |
| 2020s | 27.5% | 58.1% | 30.6% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Heavily indebted poor countries (HIPC) or Latvia?
- Latvia, at 58.2% against 26.3% in Heavily indebted poor countries (HIPC) as of 2023.
- What is the difference in subsidies and other transfers between Heavily indebted poor countries (HIPC) and Latvia?
- 31.9%, with Latvia ahead.
- How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Latvia?
- 11 years are reported by both, from 2010 to 2021.
- How do Heavily indebted poor countries (HIPC) and Latvia rank globally for subsidies and other transfers?
- Heavily indebted poor countries (HIPC) ranks 36th and Latvia ranks 34th of 40 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.