Latvia Government Spending to GDP - Forecast

Government Spending to GDP in Latvia is expected to be 38.24 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 37.98 percent in 2020, according to our econometric models.


Forecast Data Chart
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Latvia Government Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 40.1 37.6 37.6 37.2 37.2 37
Government Budget -0.5 0.7 0.7 -2.37 -2.34 0.2
Government Budget Value 209254626 117834 115605 117465 116334 116631
Government Spending 1050484 895183 1160721 895665 1085150 1227825
Government Spending to GDP 38 38.24 38.7 38.62 38.54 37.98
Government Revenues 1145896 1033043 1024353 1027659 1026361 1026711
Government Debt 9766 9929 9836 9768 9739 9521
Fiscal Expenditure 945464 915209 909742 910194 910027 910080
Military Expenditure 492 510 520 520 521 502
Credit Rating 69.35
Asylum Applications 10 23.01 23.81 24.15 24.31 24.43