MetrikAtlas

Latvia — Education spending

Government Education Spending (% of GDP) for Latvia, 1990–2022.

Latest value · 2022
4.32%
Government Education Spending (% of GDP) · % of GDP · +20.7% since 1990

Education spending for Latvia was 4.32% in 2022, according to the latest World Bank data. The series covers 29 years, from 1990 to 2022. The highest recorded value was 7.25% in 2013. The lowest was 3.58% in 1990 (about 1.2× the low point). Across that span the compound annual growth rate works out to 0.59% per year.

Latvia ranks 81 of 172 economies on this measure (1 = highest), putting it in the top 47%. The median for Europe & Central Asia is 4.59%, so Latvia sits below it. It peaked in 2013 and has fallen 40% since. Over the last decade (2012–2022) the figure moved down 37%.

Key figures

Latest (2022)
4.32%
First (1990)
3.58%
Change
+20.7%
Highest
7.25%
in 2013
Lowest
3.58%
in 1990
Average
5.19%
Annual growth (CAGR)
0.59%
Years of data
29

Recent years

Year% of GDP
20224.32%
20214.77%
20205%
20194.59%
20184.39%
20174.53%
20164.82%
20155.47%
20145.47%
20137.25%
20126.84%
20115.24%
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.