Latvia Government Budget  Forecast


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


Government Budget in Latvia is expected to be 0.40 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 Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 40.1 38.1 37.6 37.6 37.6 37
Government Budget 0 0.4 0.7 0.7 0.7 0.2
Government Budget Value 16231898 10193771 6440578 4231561 2933677 1106262
Government Spending 1027065 1075220 850730 1025608 843930 1024524
Government Spending to GDP 36.3 35.99 35.99 35.98 35.98 35.95
Government Revenues 764231 819417 796307 790899 779433 720568
Government Debt 10300 10446 10563 10565 10543 9947
Fiscal Expenditure 771282 760442 745192 732972 720536 674556
Military Expenditure 406 463 461 459 458 396
Credit Rating 69.35
Asylum Applications 15 19.81 19.23 18.91 18.71 18.39