Other expense in Latvia
Latvia: Other expense was 11.6% in 2023. ▬ Flat
Other expense in Latvia, 1994–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for other expense in Latvia is 11.6%, measured in 2023.
Compared with earlier readings it is up 6.1% on the previous year and down 7.6% over ten years.
Over the whole period, other expense in Latvia peaked at 19.2% in 2006 and was at its lowest, 0.5%, in 1994.
Latvia ranks 37th of 147 countries on this measure, in the top quarter.
Other expense in Latvia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1994 | 0.5% | — |
| 1995 | 13.6% | +2492.3% |
| 1996 | 10.7% | -21.8% |
| 1997 | 14.4% | +35.2% |
| 1998 | 18.1% | +25.4% |
| 1999 | 16.1% | -10.8% |
| 2000 | 16.6% | +2.8% |
| 2001 | 11.7% | -29.4% |
| 2002 | 12.3% | +4.8% |
| 2003 | 8.1% | -33.9% |
| 2004 | 9.6% | +18.3% |
| 2005 | 15.2% | +58.3% |
| 2006 | 19.2% | +26.5% |
| 2007 | 15.7% | -18.1% |
| 2008 | 16.9% | +7.4% |
| 2009 | 14.5% | -14.2% |
| 2010 | 17.7% | +22.3% |
| 2011 | 15.9% | -10.1% |
| 2012 | 14.3% | -9.8% |
| 2013 | 12.5% | -12.9% |
| 2014 | 13.6% | +8.9% |
| 2015 | 12.7% | -6.9% |
| 2016 | 12.6% | -0.7% |
| 2017 | 12.3% | -2.3% |
| 2018 | 13.1% | +6.7% |
| 2019 | 10.0% | -23.6% |
| 2020 | 11.7% | +16.8% |
| 2021 | 11.6% | -1.3% |
| 2022 | 10.9% | -5.7% |
| 2023 | 11.6% | +6.1% |
Latvia compared with similar countries
- Latvia's 11.6% is above the median for high income countries, which is 9.4%, 1.2× the median. (55 countries reporting)
- Latvia's 11.6% is above the median for Europe & Central Asia, which is 7.5%, 1.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Other expense in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +2492.3% | 0.5% | 13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.2% | 0.5% | 18.1% | 6 |
| 2000s | 14.0% | 8.1% | 19.2% | 10 |
| 2010s | 13.5% | 10.0% | 17.7% | 10 |
| 2020s | 11.4% | 10.9% | 11.7% | 4 |
Countries ranked near Latvia
More public sector data for Latvia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is other expense in Latvia?
- Other expense in Latvia was 11.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Latvia?
- The highest recorded value was 19.2% in 2006.
- What is the lowest other expense recorded in Latvia?
- The lowest recorded value was 0.5% in 1994.
- How does Latvia rank for other expense?
- Latvia ranks 37th out of 147 countries with data for 2023.
- Is other expense rising or falling in Latvia?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is flat.
- 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.