Recreation, culture and religion, Ratio of this level of government's in Latvia
Latvia: Recreation, culture and religion, Ratio of this level of government's was 0.5495 in 2020. ▼ Falling
Recreation, culture and religion, Ratio of this level of government's in Latvia, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, recreation, culture and religion, ratio of this level of government's in Latvia stood at 0.5495.
Compared with earlier readings it is up 25.3% on the previous year and up 9.8% over ten years.
Over the whole period, recreation, culture and religion, ratio of this level of government's in Latvia peaked at 0.6263 in 1995 and was at its lowest, 0.4386, in 2019.
Latvia ranks 27th of 59 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Recreation, culture and religion, Ratio of this level of government's in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.6263 | — |
| 1996 | 0.6152 | -1.8% |
| 1997 | 0.6073 | -1.3% |
| 1998 | 0.5513 | -9.2% |
| 1999 | 0.5151 | -6.6% |
| 2000 | 0.5586 | +8.4% |
| 2001 | 0.5306 | -5.0% |
| 2002 | 0.5675 | +7.0% |
| 2003 | 0.5684 | +0.2% |
| 2004 | 0.5257 | -7.5% |
| 2005 | 0.5225 | -0.6% |
| 2006 | 0.595 | +13.9% |
| 2007 | 0.5716 | -3.9% |
| 2008 | 0.4919 | -13.9% |
| 2009 | 0.5296 | +7.7% |
| 2010 | 0.5006 | -5.5% |
| 2011 | 0.5482 | +9.5% |
| 2012 | 0.5172 | -5.6% |
| 2013 | 0.4992 | -3.5% |
| 2014 | 0.484 | -3.0% |
| 2015 | 0.4789 | -1.1% |
| 2016 | 0.4701 | -1.8% |
| 2017 | 0.4543 | -3.4% |
| 2018 | 0.4545 | +0.0% |
| 2019 | 0.4386 | -3.5% |
| 2020 | 0.5495 | +25.3% |
Latvia compared with similar countries
- Latvia's 0.5495 is above the median for high income countries, which is 0.4558, 1.2× the median. (36 countries reporting)
- Latvia's 0.5495 is above the median for Europe & Central Asia, which is 0.4834, 1.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.583 | 0.5151 | 0.6263 | 5 |
| 2000s | 0.5461 | 0.4919 | 0.595 | 10 |
| 2010s | 0.4846 | 0.4386 | 0.5482 | 10 |
| 2020s | 0.5495 | 0.5495 | 0.5495 | 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 recreation, culture and religion, ratio of this level of government's in Latvia?
- Recreation, culture and religion, ratio of this level of government's in Latvia was 0.5495 in 2020, according to International Monetary Fund.
- What is the highest recreation, culture and religion, ratio of this level of government's recorded in Latvia?
- The highest recorded value was 0.6263 in 1995.
- What is the lowest recreation, culture and religion, ratio of this level of government's recorded in Latvia?
- The lowest recorded value was 0.4386 in 2019.
- How does Latvia rank for recreation, culture and religion, ratio of this level of government's?
- Latvia ranks 27th out of 59 countries with data for 2020.
- Is recreation, culture and religion, ratio of this level of government's rising or falling in Latvia?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Recreation, culture and religion, 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.