Latvia - Public Pension Spending
Since 2014, Latvia Public Pension Spending fell by 0.6points year on year. In 2019, the country was ranked number 22 comparing other countries in Public Pension Spending with 6.93 Percent of GDP. Latvia is overtaken by United States, which was ranked number 21 with 7.12 Percent of GDP and is followed by Switzerland with 6.66 Percent of GDP. Greece ranked the highest with 16.37 Percent of GDP in 2019, +1.2points compared to 2018. Italy, France and Portugal respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +7points per year, while Ireland was the worst growing country at -4.3points per year.
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Date | Percent of GDP |
---|---|
2019 | 6.93 |
2018 | 6.91 |
2017 | 6.81 |
2016 | 6.95 |
2015 | 6.99 |
Download all data from 1995 to 2019
How does Latvia rank in Public Pension Spending?
# | 38 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
Greece
|
16.36 % | 2019 | +1.2 % | -0.1 % | View data | |
2 |
#2
Italy
|
15.94 % | 2019 | +0.5 % | -0.3 % | View data | |
21 |
#21
United States
|
7.12 % | 2019 | +1.4 % | +0.5 % | View data | |
22 |
#22
Latvia
|
6.93 % | 2019 | +0.3 % | -0.6 % | View data | |
23 |
#23
Switzerland
|
6.66 % | 2019 | +1.0 % | +0.6 % | View data |