Government Spending in Latvia decreased to 1230165 EUR Thousand in the third quarter of 2021 from 1407773 EUR Thousand in the second quarter of 2021. source: Central Statistical Bureau of Latvia

Government Spending in Latvia averaged 1061968.36 EUR Thousand from 1995 until 2021, reaching an all time high of 1478948 EUR Thousand in the fourth quarter of 2020 and a record low of 744659 EUR Thousand in the third quarter of 1996. This page provides - Latvia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Spending - values, historical data and charts - was last updated on January of 2022.

Government Spending in Latvia is expected to be 1530711.00 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 1630207.00 EUR Thousand in 2022 and 1674223.00 EUR Thousand in 2023, according to our econometric models.

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Latvia Government Spending

Related Last Previous Unit Reference
Government Spending 1230165.00 1407773.00 EUR Thousand Sep/21
Government Debt 13831.60 13295.00 EUR Million Sep/21
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.