Latvia Government Budget - Forecast

Government Budget in Latvia is expected to be 0.70 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 40.1 37.6 37.6 37.6 37.6 37
Government Budget 0 0.7 0.7 0.7 0.7 0.2
Government Budget Value -133702762 92666971 -70501238 33148846 5624724 -7005336
Government Spending 878673 846840 1008539 870466 1047424 1017101
Government Spending to GDP 36.3 36.15 36.1 36.04 35.99 35.95
Government Revenues 814418 810095 809341 794186 788014 732726
Government Debt 10078 10102 9986 9944 9878 9184
Fiscal Expenditure 959645 861724 825360 797616 776955 694387
Military Expenditure 406 343 383 423 463 396
Credit Rating 69.35
Asylum Applications 20 18.93 18.71 18.56 18.48 18.35