Latvia vs Portugal: Subsidies and other transfers
Subsidies and other transfers over time
- Latvia
- Portugal
How they compare
Latvia currently reports 58.2% against 54.8% in Portugal, a difference of 3.4%.
That makes Latvia's figure about 1.1 times Portugal's.
The two have swapped places 2 times across 30 shared years of data; in 1994 it was Latvia ahead.
Latvia ranks 34th and Portugal ranks 36th of 152 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50.7% | 37.1% | 13.7% | Latvia |
| 2000s | 48.8% | 43.0% | 5.8% | Latvia |
| 2010s | 54.4% | 51.0% | 3.4% | Latvia |
| 2020s | 58.2% | 55.2% | 3.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latvia or Portugal?
- Latvia, at 58.2% against 54.8% in Portugal as of 2023.
- What is the difference in subsidies and other transfers between Latvia and Portugal?
- 3.4%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Portugal?
- 30 years are reported by both, from 1994 to 2023.
- How do Latvia and Portugal rank globally for subsidies and other transfers?
- Latvia ranks 34th and Portugal ranks 36th 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.