Latvia Government Budget Value - Forecast

Government Budget Value in Latvia is expected to be -169997.00 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 23966.00 in 12 months time. In the long-term, the Latvia Government Budget Value is projected to trend around -1594.00 EUR Million in 2020, according to our econometric models.


Latvia Government Budget Value
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Latvia Government Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 40.1 37.6 37.6 37.6 37.2 37
Government Budget -0.5 0.7 0.7 0.7 0.22 0.2
Government Budget Value 239255 -169997 100351 -29369 23966 -1594
Government Spending 1119307 1031051 892749 1156244 859111 1229041
Government Spending to GDP 38 36.56 36.5 36.43 36.52 36.63
Government Revenues 995188 881936 893468 888562 882890 888296
Government Debt 10782 10189 10189 10189 10189 10189
Fiscal Expenditure 983150 1051933 793118 945798 858923 889890
Military Expenditure 492 391 433 475 480 471
Credit Rating 69.35
Asylum Applications 20 15.17 24.9 28.95 27.35 23.09