Latvia vs Vanuatu: Subsidies and other transfers
Subsidies and other transfers over time
- Latvia
- Vanuatu
How they compare
Latvia currently reports 8.15 billion current LCU against 6.71 billion current LCU in Vanuatu, a difference of 1.44 billion current LCU.
That makes Latvia's figure about 1.2 times Vanuatu's.
The two have swapped places 4 times across 15 shared years of data; in 2009 it was Latvia ahead.
Globally, Latvia ranks 121st and Vanuatu ranks 124th of 153 countries.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.