Latvia vs Sub-Saharan Africa (IDA & IBRD countries): Subsidies and other transfers
Subsidies and other transfers over time
- Latvia
- Sub-Saharan Africa (IDA & IBRD countries)
How they compare
Latvia currently reports 58.2% against 25.4% in Sub-Saharan Africa (IDA & IBRD countries), a difference of 32.8%.
That makes Latvia's figure about 2.3 times Sub-Saharan Africa (IDA & IBRD countries)'s.
Across all 11 years both countries report, Latvia has been ahead every year.
Latvia ranks 34th and Sub-Saharan Africa (IDA & IBRD countries) ranks 37th of 152 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Sub-Saharan Africa (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 54.7% | 24.9% | 29.8% | Latvia |
| 2020s | 58.1% | 25.9% | 32.2% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Latvia or Sub-Saharan Africa (IDA & IBRD countries)?
- Latvia, at 58.2% against 25.4% in Sub-Saharan Africa (IDA & IBRD countries) as of 2023.
- What is the difference in subsidies and other transfers between Latvia and Sub-Saharan Africa (IDA & IBRD countries)?
- 32.8%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Sub-Saharan Africa (IDA & IBRD countries)?
- 11 years are reported by both, from 2010 to 2021.
- How do Latvia and Sub-Saharan Africa (IDA & IBRD countries) rank globally for subsidies and other transfers?
- Latvia ranks 34th and Sub-Saharan Africa (IDA & IBRD countries) ranks 37th 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.
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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.