Primary government expenditures as a proportion … Public Expenditure in Latvia
Latvia: Primary government expenditures as a proportion … Public Expenditure was 109.4% in 2022. ▲ Rising
Primary government expenditures as a proportion of original approved in Latvia, 2007–2022
Source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB). Measured in %.
Analysis
The most recent figure for primary government expenditures as a proportion of original approved in Latvia is 109.4%, measured in 2022.
Compared with earlier readings it is up 3.2% on the previous year and up 13.1% over ten years.
Over the whole period, primary government expenditures as a proportion of original approved in Latvia peaked at 119.2% in 2014 and was at its lowest, 96.5%, in 2007.
That places Latvia 25th out of 165 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Primary government expenditures as a proportion … Public Expenditure in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 96.5% | — |
| 2008 | 97.2% | +0.7% |
| 2009 | 101.4% | +4.4% |
| 2010 | 106.3% | +4.8% |
| 2011 | 97.2% | -8.5% |
| 2012 | 96.8% | -0.5% |
| 2013 | 101.5% | +4.8% |
| 2014 | 119.2% | +17.4% |
| 2015 | 118.5% | -0.5% |
| 2016 | 113.8% | -4.0% |
| 2017 | 111.6% | -1.9% |
| 2018 | 116.1% | +4.0% |
| 2019 | 113.3% | -2.4% |
| 2020 | 105.7% | -6.7% |
| 2021 | 106.1% | +0.3% |
| 2022 | 109.4% | +3.2% |
Latvia compared with similar countries
- Latvia's 109.4% is above the median for high income countries, which is 103.6%, 1.1× the median. (44 countries reporting)
- Latvia's 109.4% is above the median for Europe & Central Asia, which is 104.8%, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.4% | 96.5% | 101.4% | 3 |
| 2010s | 109.4% | 96.8% | 119.2% | 10 |
| 2020s | 107.1% | 105.7% | 109.4% | 3 |
Countries ranked near Latvia
More public sector data for Latvia
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Frequently asked questions
- What is primary government expenditures as a proportion of original approved in Latvia?
- Primary government expenditures as a proportion of original approved in Latvia was 109.4% in 2022, according to Public Expenditure and Financial Accountability (PEFA), World Bank (WB).
- What is the highest primary government expenditures as a proportion of original approved recorded in Latvia?
- The highest recorded value was 119.2% in 2014.
- What is the lowest primary government expenditures as a proportion of original approved recorded in Latvia?
- The lowest recorded value was 96.5% in 2007.
- How does Latvia rank for primary government expenditures as a proportion of original approved?
- Latvia ranks 25th out of 165 countries with data for 2022.
- Is primary government expenditures as a proportion of original approved rising or falling in Latvia?
- Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Public Expenditure and Financial Accountability (PEFA), World Bank (WB), published as part of Primary government expenditures as a proportion of original approved budget (%). Statizoid updates them automatically from the source API.
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About this data
Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.