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Latvia Health Spending

Current health expenditure as % of GDP  SH.XPD.CHEX.GD.ZS

Latvia's health spending was 8.40% in 2025, ranked 61st globally. This represents a 15.5% increase from 2024. Data from World Bank, covering 2000–2025.

8.40% +1.13% (+15.5%)
Year 2025 Rank #61 Global Peak 9.41% (2021) Source World Bank

Latvia Health Spending (2000–2025)

Overview

Latvia's health spending stood at 8.40% in 2025, a rise of +1.13% from 2023. Based on recent trends, this figure is projected to reach 8.40% by 2025. Latvia ranked 61st globally.

Latvia’s health‑care expenditure as a share of GDP has risen steadily over the 25‑year series, moving from a low of 5.57 % in 2000 to a peak of 9.41 % in 2021 before slipping slightly to 8.40 % in 2025, a level that places the country 61st globally. The upward trajectory reflects expanded public financing and demographic pressures, while the modest post‑peak decline coincides with fiscal consolidation measures adopted after the COVID‑19 pandemic. Latvia’s 2025 figure is closely aligned with Serbia’s 8.39 % and marginally below Armenia’s 8.49 %, underscoring a regional convergence among middle‑income European states. The long‑run increase suggests that health spending will likely continue to climb modestly, provided that population ageing accelerates and policy makers maintain commitment to universal coverage; any significant shift in fiscal priorities or a major health shock could, however, alter this path.

Data & projection

Year Health Spending YoY change Rank
2026* trend 8.55% - -
2025* trend 8.40% - -
2025 8.40% +1.13% #61
2023 7.28% −0.83% #113
2022 8.10% −1.31% #131
2021 9.41% +1.90% #148
2020 7.51% +0.64% #117
2019 6.86% +0.45% #112
2018 6.41% +0.22% #104
2017 6.19% −0.16% #99
2016 6.35% +0.50% #99
2015 5.85% +0.19% #91
2014 5.66% +0.06% #93
2013 5.60% −0.02% #89
2012 5.62% −0.30% #90
2011 5.92% −0.31% #100
2010 6.22% −0.04% #107
Show all years (2000-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +31.4% GDP growth 3.4% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw health spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Latvia's health spending?▾

Latvia's health spending was 8.40% in 2025. Ranked 61st globally. This represents a 15.5% increase from the previous year.

What was the highest health spending in Latvia?▾

Latvia's health spending peaked at 9.41% in 2021.

What was the lowest health spending in Latvia?▾

The lowest health spending in Latvia was 5.57% in 2000.

How does Latvia rank in health spending?▾

Latvia ranks 61st globally in health spending as of 2025.

What is the World Bank indicator code for health spending?▾

The World Bank indicator code is SH.XPD.CHEX.GD.ZS. Data sourced from World Bank.

What is the projected health spending of Latvia in 2025?▾

Latvia's health spending is projected to reach 8.40% by 2025 based on trend extrapolation.

What is the health spending of Latvia in 2025?▾

The health spending of Latvia in 2025 was 8.40%. This ranks 61st in the world.

Cite this page

APA
Latvia Health Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/latvia/health-spending/
BibTeX
@misc{historysaid_latvia_health-spending, title = {Latvia Health Spending}, url = {https://historysaid.com/latvia/health-spending/}, publisher = {HistorySaid}, year = {2026} }
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