Economy
Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). · updated 2025-12-31
Latvia's government budget stands at -2.5% as of 2025-12-31, down from -1.8% in 2024. Historical data runs from 1995 to 2025 (31 observations).
In 2025, Latvia's government budget was -2.5%, down from -1.8% in 2024.
In 2024, Latvia's government budget was -1.8%, up from -2.3% in 2023.
In 2023, Latvia's government budget was -2.3%, up from -4.9% in 2022.
In 2022, Latvia's government budget was -4.9%, up from -7.2% in 2021.
In 2021, Latvia's government budget was -7.2%, down from -4.1% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | -2.5% | -0.7% |
| 2024 | -1.8% | +0.5% |
| 2023 | -2.3% | +2.6% |
| 2022 | -4.9% | +2.3% |
| 2021 | -7.2% | -3.1% |
| 2020 | -4.1% | -3.9% |
| 2019 | -0.2% | +1.2% |
| 2018 | -1.4% | -1.1% |
| 2017 | -0.3% | -0.3% |
| 2016 | 0% | +1.5% |
| 2015 | -1.5% | +0.2% |
| 2014 | -1.7% | -0.4% |
| 2013 | -1.3% | +0.2% |
| 2012 | -1.5% | +3% |
| 2011 | -4.5% | +4.3% |
| 2010 | -8.8% | +1% |
| 2009 | -9.8% | -5.3% |
| 2008 | -4.5% | -3.9% |
| 2007 | -0.6% | +0% |
| 2006 | -0.6% | -0.1% |
| 2005 | -0.5% | +0.7% |
| 2004 | -1.2% | +0.4% |
| 2003 | -1.6% | +0.8% |
| 2002 | -2.4% | -0.4% |
| 2001 | -2% | +0.8% |
| 2000 | -2.8% | +1% |
| 1999 | -3.8% | -3.8% |
| 1998 | 0% | -1.5% |
| 1997 | 1.5% | +1.9% |
| 1996 | -0.4% | +1.1% |
| 1995 | -1.5% | — |
Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). · Download this series as CSV — free, attribution required (CC BY 4.0).
Latvia's government budget is -2.5% as of 2025-12-31, compared with -1.8% in 2024. Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution).
The highest recorded value is 1.5% (1997); the lowest is -9.8% (2009), across data from 1995 to 2025.
Source: Eurostat (Commission Decision 2011/833/EU — reuse permitted with attribution). Figures are republished with attribution and updated as the source releases new observations.