Name: Latvia Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Latvia,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Government Spending in Latvia decreased to 1641466 EUR Thousand in the third quarter of 2025 from 1682039 EUR Thousand in the second quarter of 2025. Government Spending in Latvia averaged 1286827.14 EUR Thousand from 1995 until 2025, reaching an all time high of 1901547.00 EUR Thousand in the fourth quarter of 2023 and a record low of 864111.00 EUR Thousand in the second quarter of 1997. source: Central Statistical Bureau of Latvia

Government Spending in Latvia is expected to be 1559281.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Spending is projected to trend around 1736359.00 EUR Thousand in 2027 and 1791923.00 EUR Thousand in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Asylum Applications	145.00	135.00	persons	Nov 2025
Credit Rating	72.00			Feb 2026
Fiscal Expenditure	2639942.00	1649978.00	EUR Thousand	Dec 2025
Government Budget	-1.80	-2.40	percent of GDP	Dec 2024
Government Budget Value	-708277.00	-221783.00	EUR Thousand	Dec 2025
Government Debt	18965.00	19776.00	EUR Million	Sep 2025
Government Debt to GDP	46.60	44.40	percent of GDP	Dec 2024
Government Revenues	1931665.00	1428196.00	EUR Thousand	Dec 2025
Government Spending	1641466.00	1682039.00	EUR Thousand	Sep 2025
Government Spending to GDP	45.60	43.40	percent of GDP	Dec 2024
Holidays
Military Expenditure	1425.70	1253.80	USD Million	Dec 2024

Latvia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.