Grants and other revenue in Latvia
Latvia: Grants and other revenue was 19.0% in 2024. ▲ Rising
Grants and other revenue in Latvia, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, grants and other revenue in Latvia stood at 19.0%.
Compared with earlier readings it is down 4.5% on the previous year and up 0.8% over ten years.
Over the whole period, grants and other revenue in Latvia peaked at 23.7% in 2010 and was at its lowest, 6.6%, in 1994.
That places Latvia 76th out of 154 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Grants and other revenue in Latvia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 6.6% | — |
| 1995 | 13.1% | +98.6% |
| 1996 | 11.5% | -12.3% |
| 1997 | 14.6% | +27.1% |
| 1998 | 12.9% | -11.9% |
| 1999 | 11.3% | -12.1% |
| 2000 | 10.8% | -4.1% |
| 2001 | 9.3% | -13.8% |
| 2002 | 11.4% | +21.7% |
| 2003 | 11.1% | -2.8% |
| 2004 | 15.0% | +35.8% |
| 2005 | 14.8% | -1.7% |
| 2006 | 16.5% | +11.9% |
| 2007 | 13.5% | -18.5% |
| 2008 | 14.1% | +4.6% |
| 2009 | 20.2% | +43.0% |
| 2010 | 23.7% | +17.5% |
| 2011 | 22.7% | -4.0% |
| 2012 | 21.2% | -6.6% |
| 2013 | 19.5% | -8.0% |
| 2014 | 18.9% | -3.4% |
| 2015 | 18.0% | -4.4% |
| 2016 | 16.0% | -11.4% |
| 2017 | 15.7% | -2.0% |
| 2018 | 17.9% | +14.2% |
| 2019 | 16.4% | -8.1% |
| 2020 | 18.8% | +14.3% |
| 2021 | 17.5% | -6.9% |
| 2022 | 14.8% | -15.5% |
| 2023 | 19.9% | +34.7% |
| 2024 | 19.0% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.7% | 6.6% | 14.6% | 6 |
| 2000s | 13.7% | 9.3% | 20.2% | 10 |
| 2010s | 19.0% | 15.7% | 23.7% | 10 |
| 2020s | 18.0% | 14.8% | 19.9% | 5 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 763.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is grants and other revenue in Latvia?
- Grants and other revenue in Latvia was 19.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Latvia?
- The highest recorded value was 23.7% in 2010.
- What is the lowest grants and other revenue recorded in Latvia?
- The lowest recorded value was 6.6% in 1994.
- How does Latvia rank for grants and other revenue?
- Latvia ranks 76th out of 154 countries with data for 2024.
- Is grants and other revenue rising or falling in Latvia?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Grants and other revenue (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.