Latvia vs Lithuania: Expense

Latvia
34.2%
in 2023
Lithuania
33.9%
in 2023
Latvia rank
40th
Lithuania rank
42nd

Expense over time

  • Latvia
  • Lithuania
20304050199120072023

How they compare

Latvia currently reports 34.2% against 33.9% in Lithuania, a difference of 0.3%.

The two have swapped places 1 time across 30 shared years of data; in 1994 it was Lithuania ahead.

Globally, Latvia ranks 40th and Lithuania ranks 42nd of 157 countries.

Individual pages

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.