Government Spending in Latvia increased to 1701394 EUR Thousand in the second quarter of 2026 from 1543727 EUR Thousand in the first quarter of 2026. Government Spending in Latvia averaged 1298696.44 EUR Thousand from 1995 until 2026, reaching an all time high of 1960614.00 EUR Thousand in the fourth quarter of 2025 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 1718279.00 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 2013903.00 EUR Thousand in 2027 and 2064251.00 EUR Thousand in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 350.00 240.00 persons Jun 2026
Credit Rating 72.00 Aug 2026
Fiscal Expenditure 1864757.00 1891391.00 EUR Thousand Jul 2026
Government Budget -2.50 -1.80 percent of GDP Dec 2025
Government Budget Value -221003.00 72226.00 EUR Thousand Jul 2026
Government Debt 20435.80 20173.90 EUR Million Mar 2026
Government Debt to GDP 46.90 46.20 percent of GDP Dec 2025
Government Revenues 1643753.00 1963616.00 EUR Thousand Jul 2026
Government Spending 1701394.00 1543727.00 EUR Thousand Jun 2026
Government Spending to GDP 46.10 45.30 percent of GDP Dec 2025
Holidays
Military Expenditure 1731.60 1440.60 USD Million Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
1701394.00 1543727.00 1960614.00 864111.00 1995 - 2026 EUR Thousand Quarterly
Constant Prices 2020, NSA