Government spending in Latvia was last recorded at 38.5 percent of GDP in 2018 . Government Spending to GDP in Latvia averaged 36.37 percent from 1990 until 2018, reaching an all time high of 45.40 percent in 2010 and a record low of 24.70 percent in 1992.

Government Spending to GDP in Latvia is expected to be 38.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Spending to GDP is projected to trend around 37.50 percent in 2020, according to our econometric models.

Latvia Government Spending to GDP
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Forecast Data Chart
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Latvia Government Last Previous Highest Lowest Unit
Government Debt to GDP 35.90 40.00 47.30 8.00 percent [+]
Government Budget -1.00 -0.60 1.40 -9.50 percent of GDP [+]
Government Budget Value -86307636.00 -10500983.00 265296344.00 -424470810.00 EUR Million [+]
Government Spending 1087253.00 899824.00 1179788.00 604350.00 EUR Thousand [+]
Government Spending to GDP 38.50 37.80 45.40 24.70 percent [+]
Government Revenues 859644.00 895304.00 1230009.00 228388.00 EUR Thousand [+]
Government Debt 11150.54 10607.95 11150.54 811.71 EUR Million [+]
Fiscal Expenditure 934892.00 895615.00 1575709.00 226009.00 EUR Thousand [+]
Military Expenditure 629.00 509.00 629.00 72.60 USD Million [+]
Credit Rating 69.35 [+]
Asylum Applications 25.00 25.00 70.00 0.00 persons [+]


Latvia Government Spending to GDP

This page provides the latest reported value for - Latvia Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Government Spending to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
38.50 37.80 45.40 24.70 1990 - 2018 percent Yearly




Country Last Previous
France 56.00 Dec/18
Italy 48.60 Dec/18
Euro Area 46.80 Dec/18
Germany 43.90 Dec/18
Netherlands 42.20 Dec/18
Spain 41.30 Dec/18
Japan 38.90 Dec/17
United Kingdom 38.50 Dec/18
United States 38.00 Dec/17
Switzerland 32.50 Dec/18
South Korea 32.26 Dec/16
India 13.04 Dec/18


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