Latvia recorded a Government Budget deficit equal to 7.30 percent of the country's Gross Domestic Product in 2021. source: EUROSTAT
Government Budget in Latvia averaged -2.29 percent of GDP from 1995 until 2021, reaching an all time high of 1.40 percent of GDP in 1997 and a record low of -9.50 percent of GDP in 2009. This page provides - Latvia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Budget - values, historical data and charts - was last updated on July of 2022.
Government Budget in Latvia is expected to reach -7.10 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Budget is projected to trend around -3.10 percent of GDP in 2023 and -2.00 percent of GDP in 2024, according to our econometric models.