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Latvia Government Budget: Revenues and Spending

Latvia Government Budget Data

Indicator Data Period
Government Budget Value -252544208 EUR | -0.299 B USD Jun/21
Government Spending 1136585 EUR Thousand | 1.343 B USD 1Q/21
Government Revenues 1128291 EUR Thousand | 1.334 B USD Jun/21
Government Budget to GDP -4.5 % 2020
Government Spending to GDP 43.6 % 2020


Latest data on Government Budget Value (EUR)

Government Budget Value
                     Latvia - Historical Data (EUR)

How much is Latvia Government Budget?

  • The surplus of government budget in Latvia decreased to 252544208 EUR (0.299 B USD) in June 2021. The maximum surplus was 265296352 EUR and deficit was -664503744 EUR.
  • Data published Monthly by Treasury.

Historical Data (EUR) by years

Data
Period
Date
-252544208 Jun/21 17.07.2021
33166776 May/21 19.06.2021
-98266920 Apr/21 22.05.2021
-664503744 Mar/21 17.04.2021
-125850752 Feb/21 20.03.2021
82687376 Jan/21 20.02.2021
-465259488 Dec/20 23.01.2021
-107323232 Nov/20 19.12.2020


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)

Government Spending
                     Latvia - Historical Data (EUR Thousand)

What is current Latvia Government Spending?

  • Government Spending in Latvia decreased to 1136585 EUR Thousand (1.343 B USD) in the first quarter of 2021. 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
1136585 1Q/21 05.06.2021
1478948 4Q/20 26.02.2021
1157723 3Q/20 05.12.2020
1346025 2Q/20 05.09.2020
1132216 1Q/20 29.05.2020
1458977 4Q/19 28.02.2020
1146164 3Q/19 29.11.2019
1087253 2Q/19 29.10.2019


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)

Government Revenues
                     Latvia - Historical Data (EUR Thousand)

How much is Latvia Government Revenue?

  • Government Revenues in Latvia decreased to 1128291 EUR Thousand (1.334 B USD) in June 2021. 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
1128291 Jun/21 17.07.2021
1182648 May/21 19.06.2021
1214919 Apr/21 22.05.2021
729450 Mar/21 17.04.2021
1146779 Feb/21 20.03.2021
1096690 Jan/21 20.02.2021
1188450 Dec/20 23.01.2021
968119 Nov/20 19.12.2020


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 (%)

Government Budget to GDP
                     Latvia - Historical Data (%)

What is the deficit of Latvia Government Budget?

  • The deficit of Current Account to GDP in Latvia decreased to 4.5 % in 2020. The maximum surplus was 1.4 % and deficit was -9.6 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
-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 (%)

Government Spending to GDP
                     Latvia - Historical Data (%)

What is Latvia government spending ratio to GDP?

  • Government Spending to GDP in Latvia increased to 43.6 % in 2020. The maximum level was 46 % and minimum was 24.7 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
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
Fiscal Expenditure  Jun/21 1.716 B USD 1.346
Government Budget to GDP 2020 -4.5 % -0.6
Military Expenditure 2020 0.739 B USD 0.692

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2020 -8.9 % 0.6
Ireland 2020 -5 % 0.5
Luxembourg 2020 -4.1 % 2.4
Spain 2020 -11 % -2.9
Iceland 2020 -7.3 % -1.5
Norway 2019 6.4 % 7.8
Belarus 2020 -2.6 % 2.3
Belgium 2020 -9.4 % -1.9
Bulgaria 2020 -3.4 % 2.1
Croatia 2020 -7.4 % 0.3
Cyprus 2020 -5.7 % 1.5
Czech Republic 2020 -6.2 % 0.3
Denmark 2020 -1.1 % 3.8
Estonia 2020 -4.9 % 0.1
Euro Area 2020 -7.2 % -0.6
Finland 2020 -5.4 % -0.9
France 2020 -9.2 % -3.1
Germany 2020 -4.2 % 1.5
Greece 2020 -9.7 % 1.1
Hungary 2020 -8.1 % -2.1
Italy 2020 -9.5 % -1.6
Latvia 2020 -4.5 % -0.6
Lithuania 2020 -7.4 % 0.5
Macedonia 2019 -2 % -1.7
Malta 2020 -10.1 % 0.4
Moldova 2019 -1.4 % -0.8
Montenegro 2019 -2 % -4.6
Netherlands 2020 -4.3 % 1.8
Poland 2020 -7 % -0.7
Portugal 2020 -5.7 % 0.1
Romania 2020 -9.2 % -4.4
Russia 2020 -3.8 % 1.8
Serbia 2019 0.2 % 0.6
Slovakia 2020 -6.2 % -1.3
Slovenia 2020 -8.4 % 0.4
Sweden 2020 -3.1 % 0.6
Switzerland 2020 -2.6 % 1.4
Turkey 2020 -3.4 % -2.9
Ukraine 2019 -2.1 % -1.9
United Kingdom 2020 -14.3 % -2.6
Albania 2019 -1.9 % -1.6
Bosnia and Herzegovina 2019 1.9 % 2.2
Kosovo 2019 -0.3 % -2.5