Latvia vs Luxembourg: Use of goods and services, Transactions
Use of goods and services, Transactions over time
- Latvia
- Luxembourg
How they compare
Luxembourg currently reports 4.18 billion against 2.48 billion in Latvia, a difference of 1.70 billion.
That makes Luxembourg's figure about 1.7 times Latvia's.
The two have swapped places 2 times across 23 shared years of data; in 2002 it was Luxembourg ahead.
Latvia ranks 33rd and Luxembourg ranks 30th of 35 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.05 billion | 1.31 billion | 258.11 million | Luxembourg |
| 2010s | 1.54 billion | 2.13 billion | 591.28 million | Luxembourg |
| 2020s | 2.29 billion | 3.37 billion | 1.08 billion | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher use of goods and services, transactions, Latvia or Luxembourg?
- Luxembourg, at 4.18 billion against 2.48 billion in Latvia as of 2025.
- What is the difference in use of goods and services, transactions between Latvia and Luxembourg?
- 1.70 billion, with Luxembourg ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 23 years are reported by both, from 2002 to 2024.
- How do Latvia and Luxembourg rank globally for use of goods and services, transactions?
- Latvia ranks 33rd and Luxembourg ranks 30th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Use of goods and services, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.