Government Spending in Latvia decreased to 899824 EUR Thousand in the first quarter of 2019 from 1179788 EUR Thousand in the fourth quarter of 2018. Government Spending in Latvia averaged 848643.64 EUR Thousand from 1995 until 2019, reaching an all time high of 1179788 EUR Thousand in the fourth quarter of 2018 and a record low of 604350 EUR Thousand in the third quarter of 1996.

Government Spending in Latvia is expected to be 1072698.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Latvia to stand at 1209283.00 in 12 months time. In the long-term, the Latvia Government Spending is projected to trend around 1281668.00 EUR Thousand in 2020, according to our econometric models.

Latvia Government Spending
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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 204911201.00 250831767.00 265296344.00 -424470810.00 EUR Million [+]
Government Spending 899824.00 1179788.00 1179788.00 604350.00 EUR Thousand [+]
Government Spending to GDP 38.50 37.80 45.40 24.70 percent [+]
Government Revenues 1200918.00 1183738.00 1230009.00 228388.00 EUR Thousand [+]
Government Debt 10385.80 9766.10 10782.30 811.70 EUR Million [+]
Fiscal Expenditure 1036121.00 942352.00 1575709.00 226009.00 EUR Thousand [+]
Military Expenditure 629.00 509.00 629.00 72.60 USD Million [+]
Credit Rating 69.35 [+]
Asylum Applications 5.00 5.00 70.00 0.00 persons [+]


Latvia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Latvia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
899824.00 1179788.00 1179788.00 604350.00 1995 - 2019 EUR Thousand Quarterly
Constant Prices, NSA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 105533.40 May/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
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France 136607.00 Mar/19
Germany 143.22 Mar/19
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Mexico 2143950.00 Mar/19
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Russia 4035.60 Mar/19
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Singapore 12422.70 Mar/19
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South Korea 74118.60 Mar/19
Spain 56967.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 93644.00 Mar/19
United States 3211.03 Mar/19


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