Latvia Government Budget  1995-2016 | Data | Chart | Calendar | Forecast

Latvia is expected to record a budget deficit equivalent to 1.3 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. 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.

Latvia Government Budget
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Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -0.70 1.50 -9.80 1995 - 2015 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. Latvia Government Budget - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Latvia Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.70 38.20 44.50 9.00 percent [+]
Government Budget -1.30 -0.70 1.50 -9.80 percent of GDP [+]
Government Budget Value -473651.00 -100319.00 290.40 -473651.00 EUR Million [+]
Government Spending 858830.00 987969.00 1173444.00 604252.00 EUR Million [+]
Government Spending to GDP 36.90 36.00 44.00 24.70 percent [+]
Government Revenues 791223.00 714082.00 1230009.00 228388.00 EUR Thousand [+]
Government Debt 8824.90 8630.70 9695.70 811.70 EUR Million [+]
Fiscal Expenditure 1264874.00 814401.00 1284399.00 226009.00 EUR Thousand [+]
Asylum Applications 10.00 70.00 70.00 0.00 persons [+]
Credit Rating 68.65 [+]




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