Transfer dependency method 2, Ratio of net transfers to own revenue in Latvia
Latvia: Transfer dependency method 2, Ratio of net transfers to own revenue was -0.2301 in 2020. ▼ Falling
Transfer dependency method 2, Ratio of net transfers to own revenue in Latvia, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, transfer dependency method 2, ratio of net transfers to own revenue in Latvia stood at -0.2301.
That represents a change of down 12.1% on the previous year and down 50.8% over ten years.
Over the whole period, transfer dependency method 2, ratio of net transfers to own revenue in Latvia peaked at -0.0051 in 1995 and was at its lowest, -0.2342, in 2009.
Latvia ranks 33rd of 66 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.
Transfer dependency method 2, Ratio of net transfers to own revenue in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | -0.0051 | — |
| 1996 | -0.1216 | +2273.4% |
| 1997 | -0.1861 | +53.0% |
| 1998 | -0.1397 | -24.9% |
| 1999 | -0.1396 | -0.1% |
| 2000 | -0.1534 | +9.8% |
| 2001 | -0.1552 | +1.2% |
| 2002 | -0.1666 | +7.4% |
| 2003 | -0.1748 | +4.9% |
| 2004 | -0.1473 | -15.7% |
| 2005 | -0.1223 | -17.0% |
| 2006 | -0.128 | +4.7% |
| 2007 | -0.1873 | +46.4% |
| 2008 | -0.2111 | +12.7% |
| 2009 | -0.2342 | +10.9% |
| 2010 | -0.1526 | -34.9% |
| 2011 | -0.0986 | -35.3% |
| 2012 | -0.1081 | +9.6% |
| 2013 | -0.1336 | +23.6% |
| 2014 | -0.1706 | +27.6% |
| 2015 | -0.1528 | -10.4% |
| 2016 | -0.1727 | +13.1% |
| 2017 | -0.1568 | -9.2% |
| 2018 | -0.1455 | -7.2% |
| 2019 | -0.2052 | +41.0% |
| 2020 | -0.2301 | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.1184 | -0.1861 | -0.0051 | 5 |
| 2000s | -0.168 | -0.2342 | -0.1223 | 10 |
| 2010s | -0.1497 | -0.2052 | -0.0986 | 10 |
| 2020s | -0.2301 | -0.2301 | -0.2301 | 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 transfer dependency method 2, ratio of net transfers to own revenue in Latvia?
- Transfer dependency method 2, ratio of net transfers to own revenue in Latvia was -0.2301 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 2, ratio of net transfers to own revenue recorded in Latvia?
- The highest recorded value was -0.0051 in 1995.
- What is the lowest transfer dependency method 2, ratio of net transfers to own revenue recorded in Latvia?
- The lowest recorded value was -0.2342 in 2009.
- How does Latvia rank for transfer dependency method 2, ratio of net transfers to own revenue?
- Latvia ranks 33rd out of 66 countries with data for 2020.
- Is transfer dependency method 2, ratio of net transfers to own revenue rising or falling in Latvia?
- Over the last ten years it is down 50.8%. 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 Transfer dependency method 2, Ratio of net transfers to own revenue, 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.