Latvia—Government Expenditure (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #38 of 138Updated April 2026
Latest Value
34.2%
2023
YoY Change
-5.9%
2022 → 2023
Global Rank
#38
of 138 countries
Maximum
39.6%
2010
Minimum
26.1%
2007
CAGR
+0.2%
24 years
Last
34.2%
Previous
36.4%
Highest
39.6%
Lowest
26.1%
Source
World Bank World Development Indicators
Latvia's government expenditure (% of gdp) was 34.2% in 2023, ranking #38 out of 138 countries. This represents a -5.9% change from 2022. Over the past 24 years, the highest recorded value was 39.6% (2010) and the lowest was 26.1% (2007). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 34.2% | -5.9% |
| 2022 | 36.4% | -5.6% |
| 2021 | 38.5% | +6.4% |
| 2020 | 36.2% | +14.0% |
| 2019 | 31.8% | +3.6% |
| 2018 | 30.7% | +0.7% |
| 2017 | 30.4% | -0.9% |
| 2016 | 30.7% | -1.7% |
| 2015 | 31.2% | -3.2% |
| 2014 | 32.3% | +1.9% |
| 2013 | 31.7% | -0.8% |
| 2012 | 31.9% | -9.1% |
| 2011 | 35.1% | -11.2% |
| 2010 | 39.6% | +4.6% |
| 2009 | 37.8% | +23.4% |
| 2008 | 30.6% | +17.4% |
| 2007 | 26.1% | -6.1% |
| 2006 | 27.8% | -1.5% |
| 2005 | 28.2% | -0.2% |
| 2004 | 28.3% | -0.6% |
| 2003 | 28.4% | -4.5% |
| 2002 | 29.8% | +0.3% |
| 2001 | 29.7% | -8.4% |
| 2000 | 32.4% |
Top Countries — Government Expenditure (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 103.6% | 2020 |
| 2 | Kiribati | 84.6% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 58.3% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |