Key data points
Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
2.16 B EUR on Dec 31, 2024
Lowest
749.74 M EUR on Sep 30, 1996
About 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.
Related indicators
LVFE
Fiscal ExpenditureR
1.8 BEUR
LVGBP
Budget to GDPR
−1.8% of GDP
LVGBV
Government Budget ValueR
−256.27 BEUR
LVGD
Government DebtR
18.8 BEUR
LVGDG
Government Debt to GDPR
46.8% of GDP
LVGR
Government RevenuesR
1.55 BEUR
LVGSG
Government Spending to GDPR
45.7% of GDP
LVGSP
Government SpendingR
1.6 BEUR
LVME
Military ExpenditureR
1.43 BUSD