Latvia vs South Africa: Subsidies and other transfers
Subsidies and other transfers over time
- Latvia
- South Africa
How they compare
Latvia currently reports 58.2% against 54.8% in South Africa, a difference of 3.4%.
That makes Latvia's figure about 1.1 times South Africa's.
The two have swapped places 2 times across 29 shared years of data; in 1994 it was Latvia ahead.
Latvia ranks 34th and South Africa ranks 35th of 152 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and South Africa in 2.
Head to head by decade
| Decade | Latvia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50.7% | 43.6% | 7.1% | Latvia |
| 2000s | 48.8% | 57.1% | 8.3% | South Africa |
| 2010s | 54.4% | 58.7% | 4.3% | South Africa |
| 2020s | 58.2% | 55.3% | 2.9% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latvia or South Africa?
- Latvia, at 58.2% against 54.8% in South Africa as of 2023.
- What is the difference in subsidies and other transfers between Latvia and South Africa?
- 3.4%, with Latvia ahead.
- How many years of comparable data are there for Latvia and South Africa?
- 29 years are reported by both, from 1994 to 2022.
- How do Latvia and South Africa rank globally for subsidies and other transfers?
- Latvia ranks 34th and South Africa 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.