Latvia recorded a government budget deficit of 21541 EUR Thousand in January of 2026. Government Budget Value in Latvia averaged -47094.48 EUR Thousand from 2003 until 2026, reaching an all time high of 357645.00 EUR Thousand in May of 2025 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 145.00 135.00 persons Nov 2025
Credit Rating 72.00 Feb 2026
Fiscal Expenditure 1670807.00 2639942.00 EUR Thousand Jan 2026
Government Budget -1.80 -2.40 percent of GDP Dec 2024
Government Budget Value -21541.00 -708277.00 EUR Thousand Jan 2026
Government Debt 18965.00 19776.00 EUR Million Sep 2025
Government Debt to GDP 46.60 44.40 percent of GDP Dec 2024
Government Revenues 1649266.00 1931665.00 EUR Thousand Jan 2026
Government Spending 1641466.00 1682039.00 EUR Thousand Sep 2025
Government Spending to GDP 45.60 43.40 percent of GDP Dec 2024
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.
Actual Previous Highest Lowest Dates Unit Frequency
-21541.00 -708277.00 357645.00 -1157739.00 2003 - 2026 EUR Thousand Monthly
Current Prices, NSA