Annual government expenditure by function (COFOG) — Compensation of in Latvia
Latvia: Annual government expenditure by function (COFOG) — Compensation of was 5,333 National currency in 2024. ◆ Volatile
Annual government expenditure by function (COFOG) — Compensation of in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Latvia recorded 5,333 National currency for annual government expenditure by function (cofog) — compensation of in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 11.3% on the previous year and up 129.3% over ten years.
Over the whole period, annual government expenditure by function (cofog) — compensation of in Latvia peaked at 5,333 National currency in 2024 and was at its lowest, 415.5 National currency, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government expenditure by function (COFOG) — Compensation of in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 415.5 National currency | — |
| 1996 | 485.51 National currency | +16.8% |
| 1997 | 541.27 National currency | +11.5% |
| 1998 | 611.87 National currency | +13.0% |
| 1999 | 682.98 National currency | +11.6% |
| 2000 | 729.8 National currency | +6.9% |
| 2001 | 760.42 National currency | +4.2% |
| 2002 | 858.54 National currency | +12.9% |
| 2003 | 985.3 National currency | +14.8% |
| 2004 | 1,124 National currency | +14.0% |
| 2005 | 1,334 National currency | +18.7% |
| 2006 | 1,649 National currency | +23.6% |
| 2007 | 2,308 National currency | +40.0% |
| 2008 | 2,855 National currency | +23.7% |
| 2009 | 2,324 National currency | -18.6% |
| 2010 | 1,908 National currency | -17.9% |
| 2011 | 1,992 National currency | +4.4% |
| 2012 | 2,058 National currency | +3.3% |
| 2013 | 2,196 National currency | +6.7% |
| 2014 | 2,326 National currency | +5.9% |
| 2015 | 2,480 National currency | +6.6% |
| 2016 | 2,621 National currency | +5.7% |
| 2017 | 2,838 National currency | +8.3% |
| 2018 | 3,089 National currency | +8.9% |
| 2019 | 3,312 National currency | +7.2% |
| 2020 | 3,564 National currency | +7.6% |
| 2021 | 3,981 National currency | +11.7% |
| 2022 | 4,206 National currency | +5.6% |
| 2023 | 4,793 National currency | +14.0% |
| 2024 | 5,333 National currency | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 547.43 National currency | 415.5 National currency | 682.98 National currency | 5 |
| 2000s | 1,493 National currency | 729.8 National currency | 2,855 National currency | 10 |
| 2010s | 2,482 National currency | 1,908 National currency | 3,312 National currency | 10 |
| 2020s | 4,376 National currency | 3,564 National currency | 5,333 National currency | 5 |
Countries ranked near Latvia
- 4 Netherlands 97,515 National currency compare
- 4 Russian Federation 10.17 million National currency compare
- 5 Lithuania 9,149 National currency compare
- 5 Hungary 8.40 million National currency compare
- 6 Slovenia 7,644 National currency compare
- 6 Costa Rica 5.21 million National currency compare
- 7 United States 2.47 million National currency compare
- 8 Sweden 813,478 National currency compare
- 8 Estonia 4,872 National currency compare
- 9 Czechia 775,674 National currency compare
- 10 Norway 702,202 National currency compare
More public sector data for Latvia
- Government budget allocations for R&D — Government Allocations for R&D 245.5 US dollars, PPP converted (2024)
- Annual government non-financial accounts and key indicators -1,093 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 847.43 National currency (2025)
- Annual government non-financial accounts and key indicators 2,712 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 18,739 National currency (2025)
- Annual government non-financial accounts and key indicators 5,642 National currency (2025)
- NAAG Chapter 6: Government — Compensation of employees by general 13.1 Percentage of GDP (2025)
- Annual government expenditure by function (COFOG) — Gross fixed 2,561 National currency (2024)
- Annual government expenditure by function (COFOG) — Gross capital 2,714 National currency (2024)
- NAAG Chapter 6A: Government expenditure by function — Expenditure by 45.31 Percentage of GDP (2024)
Frequently asked questions
- What is annual government expenditure by function (cofog) — compensation of in Latvia?
- Annual government expenditure by function (cofog) — compensation of in Latvia was 5,333 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — compensation of recorded in Latvia?
- The highest recorded value was 5,333 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — compensation of recorded in Latvia?
- The lowest recorded value was 415.5 National currency in 1995.
- How does Latvia rank for annual government expenditure by function (cofog) — compensation of?
- Latvia ranks 7th out of 8 countries with data for 2024.
- Is annual government expenditure by function (cofog) — compensation of rising or falling in Latvia?
- Over the last ten years it is up 129.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Compensation of employees. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org