Latvia Government Budget: Revenues and Spending
Latvia Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -14215982 EUR | -0.015 B USD | Aug/23 |
| Government Spending | 1525580 EUR Thousand | 1.618 B USD | 2Q/23 |
| Government Revenues | 1314457 EUR Thousand | 1.395 B USD | Aug/23 |
| Government Budget to GDP | -4.4 % | 2022 |
| Government Spending to GDP | 40.2 % | 2022 |
Latest data on Government Budget Value (EUR)
How much is Latvia Government Budget?
- The surplus of government budget in Latvia decreased to 14215982 EUR (0.015 B USD) in August 2023. The maximum surplus was 265296352 EUR and deficit was -664503744 EUR.
- Data published Monthly by Treasury.
Historical Data (EUR) by years
Data
Period
Date
| -14215982 | Aug/23 | 23.09.2023 |
| 178052176 | Jul/23 | 19.08.2023 |
| -74676400 | Jun/23 | 22.07.2023 |
| 110598176 | May/23 | 17.06.2023 |
| 88892872 | Apr/23 | 20.05.2023 |
| -345186240 | Mar/23 | 22.04.2023 |
| -124563376 | Feb/23 | 18.03.2023 |
| 127204088 | Jan/23 | 25.02.2023 |
Historical Chart by presidents (EUR)
Government Budget Value in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | -98063.0000 | 239255.0000 | 112744584.0000 | -250375920.0000 | -343.98% |
Latest data on Government Spending (EUR Thousand)
What is current Latvia Government Spending?
- Government Spending in Latvia increased to 1525580 EUR Thousand (1.618 B USD) in the second quarter of 2023. The maximum volume was 1478948 EUR Thousand and minimum was 744659 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 1525580 | 2Q/23 | 31.08.2023 |
| 1227631 | 1Q/23 | 01.06.2023 |
| 1619961 | 4Q/22 | 28.02.2023 |
| 1306871 | 3Q/22 | 03.12.2022 |
| 1471408 | 2Q/22 | 03.09.2022 |
| 1161178 | 1Q/22 | 31.05.2022 |
| 1556454 | 4Q/21 | 28.02.2022 |
| 1230165 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
Government Spending in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | 841721.0000 | 868734.0000 | 1119307.0000 | 841721.0000 | 3.21% |
| Guntis Ulmanis | 08.07.1993 - 08.07.1999 | 697090.0000 | 629932.0000 | 697090.0000 | 629932.0000 | -9.63% |
Latest data on Government Revenues (EUR Thousand)
How much is Latvia Government Revenue?
- Government Revenues in Latvia decreased to 1314457 EUR Thousand (1.395 B USD) in August 2023. The maximum volume was 1230009 EUR Thousand and minimum was 228388 EUR Thousand
- Data published Monthly by Treasury.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 1314457 | Aug/23 | 23.09.2023 |
| 1542884 | Jul/23 | 19.08.2023 |
| 1490711 | Jun/23 | 22.07.2023 |
| 1480273 | May/23 | 17.06.2023 |
| 1508014 | Apr/23 | 20.05.2023 |
| 1019918 | Mar/23 | 22.04.2023 |
| 1409070 | Feb/23 | 18.03.2023 |
| 1414473 | Jan/23 | 25.02.2023 |
Historical Chart by presidents (EUR Thousand)
Government Revenues in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | 995188.0000 | 995188.0000 | 995188.0000 | 995188.0000 | 0.00% |
Latest data on Government Budget to GDP (%)
What is the deficit of Latvia Government Budget?
- The deficit of Current Account to GDP in Latvia increased to 4.4 % in 2022. The maximum surplus was 1.4 % and deficit was -9.6 %.
- Data published Yearly by Eurostat.
Historical Data (%) by years
Data
Period
Date
| -4.4 | 2022 | 21.04.2023 |
| -7 | 2021 | 22.04.2022 |
| -4.5 | 2020 | 22.04.2021 |
| -0.2 | 2019 | 22.04.2020 |
| -1 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Government Budget to GDP in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on Government Spending to GDP (%)
What is Latvia government spending ratio to GDP?
- Government Spending to GDP in Latvia decreased to 40.2 % in 2022. The maximum level was 46 % and minimum was 24.7 %.
- Data published Yearly by Eurostat.
Historical Data (%) by years
Data
Period
Date
| 40.2 | 2022 | 21.04.2023 |
| 44.9 | 2021 | 20.07.2022 |
| 43.6 | 2020 | 17.05.2021 |
| 38.9 | 2019 | 22.04.2020 |
| 38.5 | 2018 | 04.07.2019 |
Historical Chart by presidents (%)
Government Spending to GDP in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other budget indicators in Latvia
| Index | Updated | Actual | Previous |
| Government Debt to GDP | 2022 | 40.8 % | 43.7 |
| Fiscal Expenditure | Aug/23 | 1.415 B USD | 1.397 |
| Military Expenditure | 2022 | 0.849 B USD | 0.823 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | -3.2 % | -5.8 |
| Ireland | 2022 | 1.6 % | -1.6 |
| Luxembourg | 2022 | 0.2 % | 0.7 |
| Spain | 2022 | -4.8 % | -6.9 |
| Iceland | 2022 | -4.3 % | -8.4 |
| Norway | 2022 | 26 % | 10.6 |
| Belarus | 2021 | -0.3 % | -1.3 |
| Belgium | 2022 | -3.9 % | -5.5 |
| Bulgaria | 2022 | -2.8 % | -3.9 |
| Croatia | 2022 | 0.4 % | -2.5 |
| Cyprus | 2022 | 2.1 % | -2 |
| Czech Republic | 2022 | -3.2 % | -5.1 |
| Denmark | 2022 | 3.3 % | 3.6 |
| Estonia | 2022 | -0.9 % | -2.4 |
| Euro Area | 2022 | -3.6 % | -5.3 |
| Finland | 2022 | -0.9 % | -2.8 |
| France | 2022 | -4.7 % | -6.5 |
| Germany | 2022 | -2.6 % | -3.7 |
| Greece | 2022 | -2.3 % | -7.1 |
| Hungary | 2022 | -6.2 % | -7.1 |
| Italy | 2022 | -8 % | -9 |
| Latvia | 2022 | -4.4 % | -7.1 |
| Lithuania | 2022 | -0.6 % | -1.2 |
| Macedonia | 2022 | -4.1 % | -5.4 |
| Malta | 2022 | -5.8 % | -7.8 |
| Moldova | 2022 | -3.3 % | -2.6 |
| Montenegro | 2022 | -4.6 % | -1.7 |
| Netherlands | 2022 | 0 % | -2.4 |
| Poland | 2022 | -3.7 % | -1.8 |
| Portugal | 2022 | -0.4 % | -2.9 |
| Romania | 2022 | -5.8 % | -7.1 |
| Russia | 2022 | -2.3 % | 0.8 |
| Serbia | 2022 | -3.3 % | -4.6 |
| Slovakia | 2022 | -2 % | -5.4 |
| Slovenia | 2022 | -3 % | -4.6 |
| Sweden | 2022 | 0.7 % | 0 |
| Switzerland | 2022 | 1 % | -0.3 |
| Turkey | 2022 | -0.9 % | -2.8 |
| Ukraine | 2022 | -16.3 % | -3.4 |
| United Kingdom | 2022 | -5.5 % | -5.2 |
| Albania | 2022 | -3.8 % | -4.5 |
| Bosnia and Herzegovina | 2022 | -0.4 % | -0.3 |
| Kosovo | 2021 | -0.9 % | -7.6 |
