Latvia Government Budget  Forecast


Government Budget in Latvia is expected to be 0.15 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Budget is projected to trend around 0.20 percent of GDP in 2020, according to our econometric models.


Latvia Government Budget
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Latvia Government Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 40.1 38.1 38.1 37.6 37.6 37
Government Budget 0 0.15 -0.9 0.22 0.11 0.2
Government Budget Value 63059455 250295 250202 250202 250202 250202
Government Spending 1027065 842711 1026836 842939 1026608 1025477
Government Spending to GDP 36.3 36.5 36.43 36.52 36.62 36.76
Government Revenues 839656 856212 877922 873594 874483 874322
Government Debt 9895 10171 10184 10256 10329 10579
Fiscal Expenditure 765467 831549 855683 850139 851784 851438
Asylum Applications 35 33.2 33.43 33.44 33.45 33.45
Credit Rating 69.35
Military Expenditure 406 433 475 480 484 480