Latvia vs Luxembourg: Net incurrence of liabilities, Transactions
Net incurrence of liabilities, Transactions over time
- Latvia
- Luxembourg
How they compare
Latvia currently reports 1.64 billion against 1.56 billion in Luxembourg, a difference of 76.93 million.
The two have swapped places 17 times across 26 shared years of data; in 1999 it was Latvia ahead.
Latvia ranks 24th and Luxembourg ranks 25th of 33 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Luxembourg in 2.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 261.79 million | 131.48 million | 130.32 million | Latvia |
| 2000s | 729.12 million | 485.20 million | 243.92 million | Latvia |
| 2010s | 435.26 million | 966.30 million | 531.04 million | Luxembourg |
| 2020s | 1.90 billion | 1.98 billion | 80.26 million | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, transactions, Latvia or Luxembourg?
- Latvia, at 1.64 billion against 1.56 billion in Luxembourg as of 2024.
- What is the difference in net incurrence of liabilities, transactions between Latvia and Luxembourg?
- 76.93 million, with Latvia ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 26 years are reported by both, from 1999 to 2024.
- How do Latvia and Luxembourg rank globally for net incurrence of liabilities, transactions?
- Latvia ranks 24th and Luxembourg ranks 25th of 33 countries.
- Where does this data come from?
- International Monetary Fund, published as Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.