Government Spending in Latvia decreased to 1161178 EUR Thousand in the first quarter of 2022 from 1556454 EUR Thousand in the fourth quarter of 2021. source: Central Statistical Bureau of Latvia

Government Spending in Latvia averaged 1071227.06 EUR Thousand from 1995 until 2022, reaching an all time high of 1556454 EUR Thousand in the fourth quarter of 2021 and a record low of 746291 EUR Thousand in the third quarter of 1996. This page provides - Latvia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Spending - values, historical data and charts - was last updated on August of 2022.

Government Spending in Latvia is expected to be 1238791.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Spending is projected to trend around 1652472.00 EUR Thousand in 2023 and 1713613.00 EUR Thousand in 2024, according to our econometric models.

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Latvia Government Spending

Related Last Previous Unit Reference
Government Spending 1161178.00 1556454.00 EUR Thousand Mar 2022
Government Debt 14632.50 14739.70 EUR Million Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
1161178.00 1556454.00 1556454.00 746291.00 1995 - 2022 EUR Thousand Quarterly
Constant Prices 2015, NSA