MetrikAtlas

Latvia — Health spending

Health Spending (% of GDP) for Latvia, 2000–2023.

Latest value · 2023
7.28%
Health Spending (% of GDP) · % of GDP · +30.6% since 2000

Health spending for Latvia was 7.28% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 9.41% in 2021. The lowest was 5.57% in 2000 (about 1.3× the low point). Across that span the compound annual growth rate works out to 1.17% per year.

Latvia ranks 79 of 189 economies on this measure (1 = highest), putting it in the top 42%. The median for Europe & Central Asia is 7.92%, so Latvia sits below it. It peaked in 2021 and has fallen 23% since. Over the last decade (2013–2023) the figure moved up 30%.

Key figures

Latest (2023)
7.28%
First (2000)
5.57%
Change
+30.6%
Highest
9.41%
in 2021
Lowest
5.57%
in 2000
Average
6.36%
Annual growth (CAGR)
1.17%
Years of data
24

Recent years

Year% of GDP
20237.28%
20228.1%
20219.41%
20207.51%
20196.86%
20186.41%
20176.19%
20166.35%
20155.85%
20145.66%
20135.6%
20125.62%
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. 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 SH.XPD.CHEX.GD.ZS — Health 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.