Subsidies payable, Transactions (Statement of operations, General) in Latvia
Latvia: Subsidies payable, Transactions (Statement of operations, General) was 359.21 million in 2024. ◆ Volatile
Subsidies payable, Transactions in Latvia, 1999–2024
Source: International Monetary Fund.
Analysis
In 2024, subsidies payable, transactions in Latvia stood at 359.21 million.
The figure is down 43.6% on the previous year and up 1.5% over ten years.
Over the whole period, subsidies payable, transactions in Latvia peaked at 963.86 million in 2021 and was at its lowest, 49.26 million, in 2001.
That places Latvia 32nd out of 35 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies payable, Transactions (Statement of operations, General) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 85.05 million | — |
| 2000 | 67.49 million | -20.6% |
| 2001 | 49.26 million | -27.0% |
| 2002 | 60.38 million | +22.6% |
| 2003 | 76.13 million | +26.1% |
| 2004 | 64.41 million | -15.4% |
| 2005 | 70.32 million | +9.2% |
| 2006 | 105.60 million | +50.2% |
| 2007 | 196.43 million | +86.0% |
| 2008 | 334.47 million | +70.3% |
| 2009 | 309.94 million | -7.3% |
| 2010 | 247.79 million | -20.1% |
| 2011 | 208.28 million | -15.9% |
| 2012 | 262.52 million | +26.0% |
| 2013 | 300.81 million | +14.6% |
| 2014 | 353.98 million | +17.7% |
| 2015 | 296.43 million | -16.3% |
| 2016 | 292.00 million | -1.5% |
| 2017 | 329.90 million | +13.0% |
| 2018 | 284.89 million | -13.6% |
| 2019 | 263.62 million | -7.5% |
| 2020 | 423.12 million | +60.5% |
| 2021 | 963.86 million | +127.8% |
| 2022 | 663.03 million | -31.2% |
| 2023 | 637.27 million | -3.9% |
| 2024 | 359.21 million | -43.6% |
Latvia compared with similar countries
- Latvia's 359.21 million is below the median for high income countries, which is 17.68 billion, 2% of the median. (32 countries reporting)
- Latvia's 359.21 million is below the median for Europe & Central Asia, which is 15.46 billion, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 85.05 million | 85.05 million | 85.05 million | 1 |
| 2000s | 133.44 million | 49.26 million | 334.47 million | 10 |
| 2010s | 284.02 million | 208.28 million | 353.98 million | 10 |
| 2020s | 609.30 million | 359.21 million | 963.86 million | 5 |
Countries ranked near Latvia
More public sector data for Latvia
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- Arms imports 19.00 million SIPRI trend indicator values (2024)
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Frequently asked questions
- What is subsidies payable, transactions in Latvia?
- Subsidies payable, transactions in Latvia was 359.21 million in 2024, according to International Monetary Fund.
- What is the highest subsidies payable, transactions recorded in Latvia?
- The highest recorded value was 963.86 million in 2021.
- What is the lowest subsidies payable, transactions recorded in Latvia?
- The lowest recorded value was 49.26 million in 2001.
- How does Latvia rank for subsidies payable, transactions?
- Latvia ranks 32nd out of 35 countries with data for 2024.
- Is subsidies payable, transactions rising or falling in Latvia?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Subsidies payable, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
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About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.