Latvia Government Budget: Revenues and Spending
Latvia Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -655267968 EUR | -0.707 B USD | Dec/22 |
| Government Spending | 1306871 EUR Thousand | 1.411 B USD | 3Q/22 |
| Government Revenues | 1471136 EUR Thousand | 1.588 B USD | Dec/22 |
| Government Budget to GDP | -7 % | 2021 |
| Government Spending to GDP | 44.9 % | 2021 |
Latest data on Government Budget Value (EUR)
How much is Latvia Government Budget?
- The deficit of government budget in Latvia decreased to 655267968 EUR (0.707 B USD) in December 2022. The maximum surplus was 265296352 EUR and deficit was -664503744 EUR.
- Data published Monthly by Treasury.
Historical Data (EUR) by years
Data
Period
Date
| -655267968 | Dec/22 | 28.01.2023 |
| -20014950 | Nov/22 | 17.12.2022 |
| -271420992 | Oct/22 | 19.11.2022 |
| -353345344 | Sep/22 | 22.10.2022 |
| 79584040 | Aug/22 | 17.09.2022 |
| 89874872 | Jul/22 | 25.08.2022 |
| -41112032 | Jun/22 | 23.07.2022 |
| -55283352 | May/22 | 18.06.2022 |
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 decreased to 1306871 EUR Thousand (1.411 B USD) in the third quarter of 2022. 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
| 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 |
| 1407773 | 2Q/21 | 31.08.2021 |
| 1136585 | 1Q/21 | 05.06.2021 |
| 1478948 | 4Q/20 | 26.02.2021 |
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 increased to 1471136 EUR Thousand (1.588 B USD) in December 2022. 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
| 1471136 | Dec/22 | 28.01.2023 |
| 1342447 | Nov/22 | 17.12.2022 |
| 1458839 | Oct/22 | 19.11.2022 |
| 1168047 | Sep/22 | 22.10.2022 |
| 1268528 | Aug/22 | 17.09.2022 |
| 1304226 | Jul/22 | 25.08.2022 |
| 1261040 | Jun/22 | 23.07.2022 |
| 1210025 | May/22 | 18.06.2022 |
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 decreased to 7 % in 2021. The maximum surplus was 1.4 % and deficit was -9.6 %.
- Data published Yearly by Eurostat.
Historical Data (%) by years
Data
Period
Date
| -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 increased to 44.9 % in 2021. The maximum level was 46 % and minimum was 24.7 %.
- Data published Yearly by Eurostat.
Historical Data (%) by years
Data
Period
Date
| 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 | 2021 | 44.8 % | 43.3 |
| Fiscal Expenditure | Dec/22 | 2.507 B USD | 1.524 |
| Military Expenditure | 2021 | 0.827 B USD | 0.742 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Austria | 2021 | -5.9 % | -8 |
| Ireland | 2021 | -1.7 % | -5 |
| Luxembourg | 2021 | 0.8 % | -3.4 |
| Spain | 2021 | -6.9 % | -10.3 |
| Iceland | 2021 | -8.9 % | -8.7 |
| Norway | 2021 | 9.1 % | -2.6 |
| Belarus | 2021 | -0.3 % | -1.3 |
| Belgium | 2021 | -5.5 % | -9 |
| Bulgaria | 2021 | -3.9 % | -3.8 |
| Croatia | 2021 | -2.6 % | -7.3 |
| Cyprus | 2021 | -1.7 % | -5.8 |
| Czech Republic | 2021 | -5.1 % | -5.8 |
| Denmark | 2021 | 3.6 % | 0.2 |
| Estonia | 2021 | -2.4 % | -5.6 |
| Euro Area | 2021 | -5.1 % | -7.1 |
| Finland | 2021 | -2.7 % | -5.5 |
| France | 2021 | -6.5 % | -8.9 |
| Germany | 2022 | -2.6 % | -3.7 |
| Greece | 2021 | -7.4 % | -10.2 |
| Hungary | 2022 | -6.1 % | -6.8 |
| Italy | 2021 | -7.2 % | -9.6 |
| Latvia | 2021 | -7 % | -4.3 |
| Lithuania | 2021 | -1 % | -7.3 |
| Macedonia | 2021 | -5.4 % | -8.1 |
| Malta | 2021 | -7.8 % | -9.5 |
| Moldova | 2021 | -1.9 % | -5.3 |
| Montenegro | 2021 | -2.03 % | -10.1 |
| Netherlands | 2021 | -2.6 % | -3.7 |
| Poland | 2021 | -1.8 % | -6.9 |
| Portugal | 2021 | -2.9 % | -5.8 |
| Romania | 2021 | -7.1 % | -9.2 |
| Russia | 2022 | -2.3 % | 0.8 |
| Serbia | 2021 | -4.6 % | -8.3 |
| Slovakia | 2021 | -5.5 % | -5.4 |
| Slovenia | 2021 | -4.7 % | -7.7 |
| Sweden | 2021 | -0.1 % | -2.8 |
| Switzerland | 2021 | -0.7 % | -3.2 |
| Turkey | 2021 | -2.7 % | -3.5 |
| Ukraine | 2021 | -3.4 % | -5.3 |
| United Kingdom | 2021 | -5.4 % | -15 |
| Albania | 2021 | -4.8 % | -6.8 |
| Bosnia and Herzegovina | 2021 | -0.3 % | -5.3 |
| Kosovo | 2021 | -0.9 % | -9.9 |
