Latvia recorded a government budget deficit of 166884 EUR Thousand in July of 2025. Government Budget Value in Latvia averaged -43184.03 EUR Thousand from 2003 until 2025, reaching an all time high of 357645.00 EUR Thousand in May of 2025 and a record low of -1157739.00 EUR Thousand in December of 2023. source: Treasury of the Republic of Latvia



Related Last Previous Unit Reference
Asylum Applications 155.00 145.00 persons Jun 2025
Credit Rating 72.00 Sep 2025
Fiscal Expenditure 1677822.00 1760592.00 EUR Thousand Jul 2025
Government Budget -1.80 -2.40 percent of GDP Dec 2024
Government Budget Value -166884.00 166761.00 EUR Thousand Jul 2025
Government Debt 18493.30 18799.70 EUR Million Mar 2025
Government Debt to GDP 46.80 44.60 percent of GDP Dec 2024
Government Revenues 1510938.00 1927353.00 EUR Thousand Jul 2025
Government Spending 2011655.00 1598014.00 EUR Thousand Jun 2025
Government Spending to GDP 45.70 43.70 percent of GDP Dec 2024
Holidays
Military Expenditure 1425.70 1253.80 USD Million Dec 2024



Latvia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-166884.00 166761.00 357645.00 -1157739.00 2003 - 2025 EUR Thousand Monthly
Current Prices, NSA