Government Budget Balance (Local Currency) in Latvia

Source: World Bank, National Statistical Office, IMF estimates. The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle, World Bank
Last Updated: March 8, 2019

Government budget balance reached -0.185 in 2023 in Latvia, according to the National Statistical Office. This is 2.78% less than in the previous year.

Historically, government budget balance in Latvia reached an all time high of 0.085 in 1997 and an all time low of -0.951 in 2008.

Latvia has been ranked 27th within the group of 84 countries we follow in terms of government budget balance.

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