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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)

Government Budget Value
                     Latvia - Historical Data (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)

Government Spending
                     Latvia - Historical Data (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)

Government Revenues
                     Latvia - Historical Data (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 (%)

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 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 (%)

Government Spending to GDP
                     Latvia - Historical Data (%)

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