Government expenditure in Latvia

15.87 Billions of national currency in 2023

Government expenditure of Latvia increased from 3.7 billions of national currency in 2004 to 15.87 billions of national currency in 2023 growing at an average annual rate of 8.43%.

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Government expenditure in Latvia
Current Prices Local Currency 17.45B current LCU in 2021 WB
Share of GDP 45.32 Percent of GDP in 2023 IMF + 1 other
Government expenditure in Europe
Hungary 27,535.7 Billions of national currency in 2023 IMF
Czech Republic 2,998.57 Billions of national currency in 2023 IMF
Serbia 2,849.62 Billions of national currency in 2023 IMF
Sweden 2,784.67 Billions of national currency in 2023 IMF
Ukraine 2,204.46 Billions of national currency in 2023 IMF
Norway 2,091.08 Billions of national currency in 2023 IMF
Germany 1,790.58 Billions of national currency in 2023 IMF
Iceland 1,626.86 Billions of national currency in 2023 IMF
France 1,449.17 Billions of national currency in 2023 IMF
Denmark 1,318.82 Billions of national currency in 2023 IMF
Government finance in Latvia
Budget Deficit -0.31 Billions of national currency in 2023 IMF
Debt 12.69 Billions of national currency in 2023 IMF
Government Revenue 15.56 Billions of national currency in 2023 IMF
Structural Balance -1.44 Percent of potential GDP in 2023 IMF