Latvia - General Government Expenditure on Recreation, Culture and Religion
Since 2014, Latvia General Government Expenditure on Recreation, Culture and Religion decreased by 0.8points year on year. In 2019, the country was number 6 among other countries in General Government Expenditure on Recreation, Culture and Religion with 1.63 Percent of GDP. Latvia is overtaken by Denmark, which was number 5 with 1.63 Percent of GDP and is followed by Israel at 1.54 Percent of GDP. Hungary ranked the highest with 3.34 Percent of GDP in 2019, that is an increase of 6.3points compared to 2018. Iceland, Estonia and Norway respectively ranked number 2, 3 and 4 in this ranking. Hungary recorded the best 5 years average growth at +10.6points per year, while Ireland recorded the worst performance at -7points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 1.63 |
| 2018 | 1.62 |
| 2017 | 1.66 |
| 2016 | 1.42 |
| 2015 | 1.60 |
How does Latvia rank in General Government Expenditure on Recreation, Culture and Religion?
| # | 27 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Hungary
|
3.34 % | 2019 | +6.3 % | +10.6 % | View data | |
| 2 |
#2
Iceland
|
3.12 % | 2019 | -1.4 % | +1.1 % | View data | |
| 5 |
#5
Denmark
|
1.63 % | 2019 | +1.1 % | -1.4 % | View data | |
| 6 |
#6
Latvia
|
1.63 % | 2019 | +0.5 % | -0.8 % | View data | |
| 7 |
#7
Israel
|
1.54 % | 2019 | -2.5 % | +1.7 % | View data | |