Latvia Government Budget 1995-2015 | Data | Chart | Calendar | Forecast

Latvia recorded a Government Budget deficit equal to 1.40 percent of the country's Gross Domestic Product in 2014. Government Budget in Latvia averaged -2.19 percent of GDP from 1995 until 2014, reaching an all time high of 1.50 percent of GDP in 1997 and a record low of -9.80 percent of GDP in 2009. Government Budget in Latvia is reported by the Eurostat.

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Latvia Government Budget
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Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -0.70 1.50 -9.80 1995 - 2014 percent of GDP Yearly
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Latvia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Latvia Government Budget - was last refreshed on Friday, May 29, 2015.

Latvia Government Last Previous Highest Lowest Unit
Government Budget -1.40 -0.70 1.50 -9.80 percent of GDP [+]
Government Debt to GDP 40.00 38.20 44.50 9.00 percent [+]
Government Budget Value 120.50 24.30 290.40 -516.00 EUR Million [+]
Government Spending 1055384.00 832682.00 1173444.00 604252.00 EUR Million [+]
Government Spending to GDP 36.10 36.50 43.60 24.70 percent [+]
Credit Rating 55.41 [+]


Government Budget Reference Previous Highest Lowest Unit
Australia -3.10 Jun/14 -1.20 2.00 -4.20 percent of GDP [+]
Brazil -0.60 Dec/14 1.60 2.80 -0.60 percent of GDP [+]
Canada -0.30 Mar/14 -1.00 5.10 -8.30 percent of GDP [+]
China -2.10 Dec/14 -2.10 0.58 -3.05 percent of GDP [+]
Euro Area -2.40 Dec/14 -2.90 0.00 -6.40 percent of GDP [+]
France -4.00 Dec/14 -4.10 -1.50 -7.50 percent of GDP [+]
Germany 0.70 Dec/14 0.10 1.30 -4.10 percent of GDP [+]
India -4.50 Mar/14 -4.90 -2.04 -7.80 percent of GDP [+]
Indonesia -2.30 Dec/13 -1.90 3.02 -2.50 percent of GDP [+]
Italy -3.00 Dec/14 -2.90 -0.80 -7.40 percent of GDP [+]
Japan -7.60 Dec/13 -9.20 2.58 -9.20 percent of GDP [+]
Mexico -4.00 Dec/14 -2.30 3.30 -4.00 percent of GDP [+]
Netherlands -2.30 Dec/14 -2.30 2.00 -5.60 percent of GDP [+]
Russia -0.50 Dec/14 -0.50 9.88 -7.90 percent of GDP [+]
South Korea -1.50 Dec/13 -1.30 3.47 -4.10 percent of GDP [+]
Spain -5.80 Dec/14 -6.80 2.00 -11.10 percent of GDP [+]
Switzerland 0.00 Dec/13 0.00 2.40 -3.60 percent of GDP [+]
Turkey -1.30 Dec/14 -1.20 0.80 -33.00 percent of GDP [+]
United Kingdom -5.70 Dec/14 -5.70 3.60 -11.40 percent of GDP [+]
United States -2.80 Sep/14 -4.10 4.60 -12.10 percent of GDP [+]