Other expense, Ratio of this level of government's expenditure on in Latvia
Latvia: Other expense, Ratio of this level of government's expenditure on was 0.8566 in 2020. ▲ Rising
Other expense, Ratio of this level of government's expenditure on in Latvia, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for other expense, ratio of this level of government's expenditure on in Latvia is 0.8566, measured in 2020.
The figure is up 13.8% on the previous year and up 3.5% over ten years.
Over the whole period, other expense, ratio of this level of government's expenditure on in Latvia peaked at 0.9144 in 2012 and was at its lowest, 0.1669, in 1996.
That places Latvia 27th out of 64 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Other expense, Ratio of this level of government's expenditure on in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.7069 | — |
| 1996 | 0.1669 | -76.4% |
| 1997 | 0.6398 | +283.4% |
| 1998 | 0.7065 | +10.4% |
| 1999 | 0.6462 | -8.5% |
| 2000 | 0.6593 | +2.0% |
| 2001 | 0.3388 | -48.6% |
| 2002 | 0.4821 | +42.3% |
| 2003 | 0.3034 | -37.1% |
| 2004 | 0.5968 | +96.7% |
| 2005 | 0.5833 | -2.3% |
| 2006 | 0.7562 | +29.6% |
| 2007 | 0.8997 | +19.0% |
| 2008 | 0.8887 | -1.2% |
| 2009 | 0.8325 | -6.3% |
| 2010 | 0.8279 | -0.6% |
| 2011 | 0.8862 | +7.0% |
| 2012 | 0.9144 | +3.2% |
| 2013 | 0.9079 | -0.7% |
| 2014 | 0.8166 | -10.1% |
| 2015 | 0.8102 | -0.8% |
| 2016 | 0.6839 | -15.6% |
| 2017 | 0.724 | +5.9% |
| 2018 | 0.7815 | +8.0% |
| 2019 | 0.7525 | -3.7% |
| 2020 | 0.8566 | +13.8% |
Latvia compared with similar countries
- Latvia's 0.8566 is above the median for high income countries, which is 0.6358, 1.3× the median. (27 countries reporting)
- Latvia's 0.8566 is above the median for Europe & Central Asia, which is 0.7658, 1.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Other expense, Ratio of this level of government's expenditure on 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 |
|---|---|---|---|
| 1997 | +283.4% | 0.1669 | 0.6398 |
| 2004 | +96.7% | 0.3034 | 0.5968 |
| 1996 | -76.4% | 0.7069 | 0.1669 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5733 | 0.1669 | 0.7069 | 5 |
| 2000s | 0.6341 | 0.3034 | 0.8997 | 10 |
| 2010s | 0.8105 | 0.6839 | 0.9144 | 10 |
| 2020s | 0.8566 | 0.8566 | 0.8566 | 1 |
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 other expense, ratio of this level of government's expenditure on in Latvia?
- Other expense, ratio of this level of government's expenditure on in Latvia was 0.8566 in 2020, according to International Monetary Fund.
- What is the highest other expense, ratio of this level of government's expenditure on recorded in Latvia?
- The highest recorded value was 0.9144 in 2012.
- What is the lowest other expense, ratio of this level of government's expenditure on recorded in Latvia?
- The lowest recorded value was 0.1669 in 1996.
- How does Latvia rank for other expense, ratio of this level of government's expenditure on?
- Latvia ranks 27th out of 64 countries with data for 2020.
- Is other expense, ratio of this level of government's expenditure on rising or falling in Latvia?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Other expense, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.