Fiscal Expenditure in Latvia decreased to 978056 EUR Thousand in February from 978273 EUR Thousand in January of 2020.

Fiscal Expenditure in Latvia averaged 713744.14 EUR Thousand from 2003 until 2020, reaching an all time high of 1621177 EUR Thousand in December of 2019 and a record low of 226009 EUR Thousand in January of 2003. This page provides - Latvia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Fiscal Expenditure - values, historical data and charts - was last updated on April of 2020.

Fiscal Expenditure in Latvia is expected to be 940668.44 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Latvia to stand at 941874.97 in 12 months time. In the long-term, the Latvia Fiscal Expenditure is projected to trend around 941918.43 EUR Thousand in 2021 and 941918.31 EUR Thousand in 2022, according to our econometric models.

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Latvia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
978056.00 978273.00 1621177.00 226009.00 2003 - 2020 EUR Thousand Monthly
Current Prices, NSA

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 36911844.00 -4514667.00 265296344.00 -424470810.00 EUR Million [+]
Government Spending 1458977.00 1146903.00 1458977.00 744550.00 EUR Thousand [+]
Government Spending to GDP 38.50 37.80 45.40 24.70 percent [+]
Government Revenues 1081767.00 1090169.00 1230009.00 228388.00 EUR Thousand [+]
Government Debt 11031.47 10993.06 11151.48 811.71 EUR Million [+]
Fiscal Expenditure 978056.00 978273.00 1621177.00 226009.00 EUR Thousand [+]
Credit Rating 71.00 [+]
Military Expenditure 629.00 509.00 629.00 72.60 USD Million [+]
Asylum Applications 10.00 20.00 70.00 0.00 persons [+]


Latvia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.