Latvia - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Latvia was 1,552,474,000 as of 2019. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,552,474,000 in 2019 and a minimum value of 138,687,300 in 1994.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1994 138,687,300
1995 277,585,200
1996 290,593,100
1997 358,727,300
1998 378,926,400
1999 373,724,400
2000 391,410,700
2001 537,874,000
2002 589,094,500
2003 719,324,300
2004 859,882,700
2005 902,127,700
2006 874,811,500
2007 971,919,600
2008 1,235,319,000
2009 1,003,900,000
2010 1,153,733,000
2011 1,156,415,000
2012 1,094,961,000
2013 1,119,042,000
2014 1,188,390,000
2015 1,221,992,000
2016 1,105,847,000
2017 1,177,076,000
2018 1,256,020,000
2019 1,552,474,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Latvia was 11.63 as of 2019. Its highest value over the past 25 years was 19.62 in 2004, while its lowest value was 10.08 in 2009.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1994 17.94
1995 14.86
1996 14.00
1997 14.48
1998 13.16
1999 11.82
2000 12.40
2001 17.13
2002 16.89
2003 18.94
2004 19.62
2005 16.72
2006 13.19
2007 11.88
2008 11.95
2009 10.08
2010 11.54
2011 11.98
2012 11.25
2013 11.21
2014 11.26
2015 11.40
2016 10.26
2017 10.18
2018 10.12
2019 11.63

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance