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Latvia - Government Spending 2021

Name: Latvia Government Spending 2021
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

38.53% +2.31% from 2020 Global rank: 106th

Latvia's government spending was 38.53% in 2021, increased +2.31% from 36.22% in 2020. This was the 106th highest globally.

Global Ranking - 2021▾

Government Spending by Country - 2021
Rank	Country	Value	YoY
1st	United Arab Emirates	4.26%	-17.2%
2nd	Lebanon	6.30%	-57.9%
3rd	Bangladesh	8.32%	2.2%
4th	Congo, Democratic Republic of	8.65%	-8.7%
5th	Equatorial Guinea	10.36%	-15.5%
6th	Madagascar	10.69%	-9.4%
7th	Lao PDR	10.76%	-6.0%
8th	Central African Republic	11.66%	-16.5%
9th	Burundi	12.22%	-15.8%
10th	Cameroon	12.42%	3.0%
11th	Tajikistan	12.46%	-9.4%
12th	Cambodia	12.58%	-2.8%
13th	Togo	13.18%	-7.5%
14th	Guatemala	13.28%	-11.5%
15th	Gabon	14.05%	-14.6%
16th	Guinea-Bissau	14.23%	-5.7%
17th	Tanzania	15.13%	5.8%
18th	Uganda	15.59%	14.0%
19th	Congo, Republic of	16.13%	-9.3%
20th	Singapore	16.28%	-36.8%
21st	Côte d'Ivoire	16.38%	2.2%
22nd	Paraguay	16.74%	-9.4%
23rd	Kazakhstan	17.12%	1.7%
24th	Panama	17.14%	-11.0%
25th	Nicaragua	17.18%	4.6%
26th	Malawi	17.19%	4.2%
27th	Malaysia	17.25%	-6.6%
28th	Dominican Republic	17.36%	-19.0%
29th	Sri Lanka	17.47%	-8.4%
30th	Switzerland	18.97%	-5.4%
31st	Philippines	19.14%	-2.2%
32nd	Nepal	19.44%	-3.6%
33rd	Senegal	19.59%	-6.5%
34th	Papua New Guinea	19.83%	-5.1%
35th	Burkina Faso	19.86%	10.2%
36th	Rwanda	20.29%	-5.8%
37th	Ghana	20.75%	-5.2%
38th	Mexico	20.89%	-3.7%
39th	Japan	21.62%	-8.4%
40th	Ireland	22.26%	-11.4%
41st	Canada	22.50%	-21.3%
42nd	Peru	22.85%	-15.1%
43rd	Argentina	22.90%	-11.4%
44th	Uzbekistan	22.95%	20.5%
45th	Mozambique	23.30%	1.7%
46th	Kyrgyz Republic	23.41%	-9.2%
47th	Kenya	23.59%	18.0%
48th	Albania	24.40%	-0.8%
49th	Eswatini	24.62%	-5.6%
50th	Bahamas, The	24.66%	-4.6%
51st	Armenia	24.97%	-6.1%
52nd	Saudi Arabia	25.01%	-21.8%
53rd	Thailand	25.13%	10.1%
54th	Zambia	25.14%	-0.9%
55th	Morocco	25.63%	-5.8%
56th	West Bank and Gaza	26.17%	-10.5%
57th	Azerbaijan	27.14%	-20.0%
58th	Georgia	27.20%	-6.2%
59th	Belarus	27.87%	-6.9%
60th	Botswana	28.39%	-16.2%
61st	Jordan	28.51%	1.2%
62nd	Korea	28.55%	1.9%
63rd	Maldives	29.48%	-16.6%
64th	Brazil	29.50%	-15.5%
65th	El Salvador	29.51%	-13.1%
66th	Moldova	29.96%	-8.5%
67th	Türkiye	30.20%	-9.7%
68th	Solomon Islands	30.38%	-4.8%
69th	Russian Federation	30.78%	-12.8%
70th	Chile	30.82%	17.4%
71st	Costa Rica	30.82%	-3.3%
72nd	Mongolia	31.70%	-4.5%
73rd	Uruguay	31.73%	-8.5%
74th	Macao SAR, China	31.76%	-26.5%
75th	United States	31.79%	-1.5%
76th	Ecuador	31.93%	-6.2%
77th	Mauritius	32.55%	4.1%
78th	Australia	32.55%	8.0%
79th	Germany	32.67%	1.6%
80th	Sweden	33.20%	-5.0%
81st	Ukraine	33.26%	-10.6%
82nd	North Macedonia	33.33%	-4.6%
83rd	New Zealand	33.61%	-7.5%
84th	Vanuatu	34.26%	0.6%
85th	Samoa	34.44%	15.5%
86th	South Africa	34.61%	-8.5%
87th	Iceland	34.67%	-4.6%
88th	Bosnia and Herzegovina	34.86%	-9.1%
89th	Lithuania	35.19%	-9.6%
90th	Colombia	35.66%	-2.4%
91st	Tonga	36.00%	14.3%
92nd	Fiji	36.29%	11.6%
93rd	Denmark	36.42%	-6.0%
94th	Norway	36.52%	-19.5%
95th	Czechia	36.85%	-2.1%
96th	Poland	37.00%	-8.7%
97th	Malta	37.15%	-6.8%
98th	Romania	37.20%	-2.7%
99th	Namibia	37.60%	-6.7%
100th	Serbia	37.70%	-11.4%
101st	Bulgaria	37.70%	3.3%
102nd	Lesotho	38.11%	-12.0%
103rd	Israel	38.19%	-8.6%
104th	Estonia	38.24%	-6.5%
105th	Spain	38.36%	-5.0%
106th	Latvia	38.53%	6.4%
107th	Luxembourg	39.01%	-9.1%
108th	Finland	40.10%	-3.3%
109th	Croatia	40.66%	-9.4%
110th	Cyprus	40.68%	-6.9%
111th	European Union	41.05%	-2.7%
112th	Timor-Leste	41.20%	-21.1%
113th	Belgium	41.41%	-5.1%
114th	Netherlands	41.80%	-2.9%
115th	Hungary	42.27%	-4.1%
116th	Slovak Republic	42.40%	0.7%
117th	Portugal	42.45%	-4.7%
118th	United Kingdom	42.95%	-9.6%
119th	San Marino	44.07%	-7.1%
120th	Slovenia	46.61%	-5.1%
121st	Italy	49.65%	-1.4%
122nd	France	49.99%	-3.8%
123rd	Austria	50.02%	-2.2%
124th	Greece	54.83%	-5.6%
125th	Kiribati	84.12%	10.7%

FAQ

What was Latvia's government spending in 2021?▾

Latvia's government spending in 2021 was 38.53%. This ranked 106th globally.

How did Latvia's government spending change in 2021?▾

Latvia's government spending increased by 6.4% in 2021 compared to 2020.

Which country had the highest government spending in 2021?▾

Kiribati had the highest government spending in 2021 at 84.12%.

What is the government spending of Latvia in 2021?▾

The government spending of Latvia in 2021 was 38.53%. This ranked 106th globally.

How does 2021 compare to 2020 for Latvia's government spending?▾

Latvia's government spending went from 36.22% in 2020 to 38.53% in 2021, a 6.4% increase.

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