Government Budget Value in Latvia decreased to -171240265 EUR Million in October from -18040630 EUR Million in September of 2018. Government Budget Value in Latvia averaged 786448.69 EUR Million from 2003 until 2018, reaching an all time high of 265296344 EUR Million in May of 2018 and a record low of -250375920 EUR Million in December of 2017.

Government Budget Value in Latvia is expected to be 73086.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Latvia to stand at 62733.00 in 12 months time. In the long-term, the Latvia Government Budget Value is projected to trend around 62854.00 EUR Million in 2020, according to our econometric models.

Latvia Government Budget Value
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Latvia Government Last Previous Highest Lowest Unit
Government Debt to GDP 40.10 40.50 47.40 8.40 percent [+]
Government Budget -0.50 0.10 1.40 -9.10 percent of GDP [+]
Government Budget Value -171240265.00 -18040630.00 265296344.00 -250375920.00 EUR Million [+]
Government Spending 920083.00 1062403.00 1173167.00 604350.00 EUR Thousand [+]
Government Spending to GDP 38.00 37.10 45.50 24.70 percent [+]
Government Revenues 980917.00 846658.00 1230009.00 228388.00 EUR Thousand [+]
Government Debt 10385.80 9766.10 10782.30 811.70 EUR Million [+]
Fiscal Expenditure 1157607.00 879214.00 1302285.00 226009.00 EUR Thousand [+]
Military Expenditure 491.61 406.86 495.51 69.50 USD Million [+]
Credit Rating 69.35 [+]
Asylum Applications 10.00 10.00 70.00 0.00 persons [+]


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. This page provides - Latvia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-171240265.00 -18040630.00 265296344.00 -250375920.00 2003 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -16585.90 Oct/18
Australia 999.00 Oct/18
Brazil -6107.00 Oct/18
Canada -1356.00 Sep/18
China -357.10 Sep/18
France -86.98 Oct/18
Germany 36.06 Jun/18
India -6485.83 Oct/18
Indonesia -347356.70 Dec/17
Italy -33.82 Sep/18
Japan -113831.00 Jun/18
Mexico 35850.40 Oct/18
Netherlands -8.90 Sep/18
Russia 3022.14 Oct/18
Saudi Arabia -238494.00 Dec/17
Singapore 1826.60 Sep/18
South Africa -37930.00 Oct/18
South Korea 14031.00 Sep/18
Spain -8384.00 Oct/18
Switzerland 1373.00 Dec/18
Turkey -8515327.00 Oct/18
United Kingdom -3357.00 Oct/18
United States -100000.00 Oct/18


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