Social benefits, Ratio of this level of government's expenditure on in Latvia
Latvia: Social benefits, Ratio of this level of government's expenditure on was 0.2165 in 2020. ▲ Rising
Social benefits, Ratio of this level of government's expenditure on in Latvia, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for social benefits, ratio of this level of government's expenditure on in Latvia is 0.2165, measured in 2020.
The figure is up 5.3% on the previous year and up 36.8% over ten years.
Over the whole period, social benefits, ratio of this level of government's expenditure on in Latvia peaked at 0.223 in 2005 and was at its lowest, 0.1262, in 2000.
That places Latvia 43rd out of 79 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.
Social benefits, Ratio of this level of government's expenditure on in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.1704 | — |
| 1996 | 0.1579 | -7.4% |
| 1997 | 0.147 | -6.9% |
| 1998 | 0.1762 | +19.8% |
| 1999 | 0.1581 | -10.3% |
| 2000 | 0.1262 | -20.2% |
| 2001 | 0.1329 | +5.3% |
| 2002 | 0.1486 | +11.8% |
| 2003 | 0.1607 | +8.2% |
| 2004 | 0.2019 | +25.7% |
| 2005 | 0.223 | +10.4% |
| 2006 | 0.2106 | -5.6% |
| 2007 | 0.2123 | +0.8% |
| 2008 | 0.1727 | -18.6% |
| 2009 | 0.1462 | -15.4% |
| 2010 | 0.1583 | +8.3% |
| 2011 | 0.1616 | +2.1% |
| 2012 | 0.1647 | +1.9% |
| 2013 | 0.1691 | +2.6% |
| 2014 | 0.1785 | +5.6% |
| 2015 | 0.19 | +6.4% |
| 2016 | 0.2003 | +5.4% |
| 2017 | 0.1995 | -0.4% |
| 2018 | 0.2085 | +4.5% |
| 2019 | 0.2056 | -1.4% |
| 2020 | 0.2165 | +5.3% |
Latvia compared with similar countries
- Latvia's 0.2165 is above the median for high income countries, which is 0.2134, 1.0× the median. (42 countries reporting)
- Latvia's 0.2165 is above the median for Europe & Central Asia, which is 0.1767, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1619 | 0.147 | 0.1762 | 5 |
| 2000s | 0.1735 | 0.1262 | 0.223 | 10 |
| 2010s | 0.1836 | 0.1583 | 0.2085 | 10 |
| 2020s | 0.2165 | 0.2165 | 0.2165 | 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 social benefits, ratio of this level of government's expenditure on in Latvia?
- Social benefits, ratio of this level of government's expenditure on in Latvia was 0.2165 in 2020, according to International Monetary Fund.
- What is the highest social benefits, ratio of this level of government's expenditure on recorded in Latvia?
- The highest recorded value was 0.223 in 2005.
- What is the lowest social benefits, ratio of this level of government's expenditure on recorded in Latvia?
- The lowest recorded value was 0.1262 in 2000.
- How does Latvia rank for social benefits, ratio of this level of government's expenditure on?
- Latvia ranks 43rd out of 79 countries with data for 2020.
- Is social benefits, ratio of this level of government's expenditure on rising or falling in Latvia?
- Over the last ten years it is up 36.8%. 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 Social benefits, 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.
Download this data
CSV · JSON — 26 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.