World Bank · Economy

Latvia: Expense (% of GDP)

34.20percent · 2023+7.9% since 2013

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period. Annual figures for Latvia from 1994 to 2023.

19942023

Every year

YearValue (percent)Note
202334.195
202236.354
202138.527
202036.219
201931.765
201830.651
201730.426
201630.689
201531.234
201432.282
201331.69
201231.934
201135.15
201039.578
200937.826
200830.644
200726.101
200627.806
200528.223
200428.272
200328.448
200229.796
200129.702
200032.416
199935.591
199833.692
199732.265
199631.195
199532.254
199417.703

Source

Published by World Bank, produced by International Monetary Fund, World Bank, OECD. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Expense (% of GDP). Interva. https://interva.co/dataset/worldbank-expense-zs (accessed 2026-11-07). catalog snapshot 2026-11-07.

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Latvia: Expense (% of GDP) (1994–2023) · Interva