24Peaks / Europe / Latvia / Government Economic Affairs Expenditure (% of GDP)

Latvia - Government Economic Affairs Expenditure (% of GDP) 6.43

IMF Government Finance Statistics · updated 2026-10-03 · 77 economies tracked

Latest value

6.43 (2023)

Global rank

##15 of 77 economies

Share of global total

1.8%

Growth since 2017

1.06×

Ranking Race — Government Economic Affairs Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#13#152018 overtook Belgium2021 overtook Hungary
LatviaTürkiyeNew ZealandMauritius

Real annual global ranks, 2017 - 2025. Latvia climbed from #13 to #15 (overtook Belgium). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2018
Overtook Belgium in global rank auto
2021
Overtook Hungary in global rank auto

Government Economic Affairs Expenditure (% of GDP), 2017-2023

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
2017202220235.326.297.268.23
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.