Latvia vs Least developed countries: Subsidies and other transfers
Subsidies and other transfers over time
- Latvia
- Least developed countries
How they compare
Latvia currently reports 58.2% against 27.2% in Least developed countries, a difference of 31.0%.
That makes Latvia's figure about 2.1 times Least developed countries's.
Across all 11 years both countries report, Latvia has been ahead every year.
Latvia ranks 34th and Least developed countries ranks 35th of 152 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 54.7% | 23.1% | 31.6% | Latvia |
| 2020s | 58.1% | 28.8% | 29.3% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latvia or Least developed countries?
- Latvia, at 58.2% against 27.2% in Least developed countries as of 2023.
- What is the difference in subsidies and other transfers between Latvia and Least developed countries?
- 31.0%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Least developed countries?
- 11 years are reported by both, from 2010 to 2021.
- How do Latvia and Least developed countries rank globally for subsidies and other transfers?
- Latvia ranks 34th and Least developed countries ranks 35th of 152 countries.
- 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.
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.