Latvia Government Spending to GDP - Forecast

Government Spending to GDP in Latvia is expected to be 36.15 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 35.90 percent in 2020, according to our econometric models.


Latvia Government Spending to GDP
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Latvia Government Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 40.1 37.6 37.6 37.6 37.6 37
Government Budget 0 0.7 0.7 0.7 0.7 0.2
Government Budget Value 112744587 215612372 -174926814 109992631 -14882525 59034468
Government Spending 878673 846840 1008539 870466 1047424 1004609
Government Spending to GDP 36.3 36.15 36.1 36.04 35.99 35.9
Government Revenues 937190 880082 898932 880935 869918 766233
Government Debt 10078 10102 9986 9944 9878 9184
Fiscal Expenditure 764385 910821 896273 847947 827251 690896
Military Expenditure 406 343 383 423 463 360
Credit Rating 69.35
Asylum Applications 15 16.94 17.42 17.69 17.86 18.12