Government budget balance as a share of gdp reached 0.005% in 2012 in Latvia, according to the National Statistical Office. This is 118% more than in the previous year.
Historically, government budget balance as a share of GDP in Latvia reached an all time high of 1.15% in 1997 and an all time low of -10.2% in 2009.
Latvia has been ranked 16th within the group of 104 countries we follow in terms of government budget balance as a share of GDP.
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