Latvia recorded a government budget deficit of 418921 EUR Thousand in March of 2026. Government Budget Value in Latvia averaged -46656.28 EUR Thousand from 2003 until 2026, reaching an all time high of 446990.00 EUR Thousand in February of 2026 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	15.00	85.00	persons	Jan 2026
Credit Rating	72.00			Apr 2026
Fiscal Expenditure	1760092.00	1713283.00	EUR Thousand	Mar 2026
Government Budget	-2.50	-1.80	percent of GDP	Dec 2025
Government Budget Value	-418921.00	446990.00	EUR Thousand	Mar 2026
Government Debt	20173.90	18965.00	EUR Million	Dec 2025
Government Debt to GDP	46.90	46.20	percent of GDP	Dec 2025
Government Revenues	1341172.00	2160272.00	EUR Thousand	Mar 2026
Government Spending	1857520.00	1641466.00	EUR Thousand	Dec 2025
Government Spending to GDP	46.10	45.30	percent of GDP	Dec 2025
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.