GBARD by type of funding in Latvia

Latvia: GBARD by type of funding was 194.07 Million euro in 2025. ◆ Volatile

Latest (2025)
194.07 Million euro
Change on year
up 30.6%
World rank
46th
of 50 countries
All-time high
194.07 Million euro
in 2025
All-time low
20.14 Million euro
in 2004
Years of data
22
2004–2025

GBARD by type of funding in Latvia, 2004–2025

0501001502002004201420252004: 20.1 Million euro2005: 25.4 Million euro2006: 42.8 Million euro2007: 62.7 Million euro2008: 67.2 Million euro2009: 38 Million euro2010: 28.6 Million euro2011: 29.6 Million euro2012: 32.8 Million euro2013: 32.5 Million euro2014: 38.2 Million euro2015: 46.6 Million euro2016: 52.6 Million euro2017: 60 Million euro2018: 63.9 Million euro2019: 69 Million euro2020: 79.2 Million euro2021: 84.3 Million euro2022: 93.4 Million euro2023: 118 Million euro2024: 148.6 Million euro2025: 194.1 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for gbard by type of funding in Latvia is 194.07 Million euro, measured in 2025. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 30.6% on the previous year and up 316.5% over ten years.

Over the whole period, gbard by type of funding in Latvia peaked at 194.07 Million euro in 2025 and was at its lowest, 20.14 Million euro, in 2004.

Latvia ranks 46th of 50 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GBARD by type of funding in Latvia, year by year

Annual values for GBARD by type of funding in Latvia, 2004 to 2025.
Year Million euro Change
2004 20.14 Million euro
2005 25.42 Million euro +26.2%
2006 42.8 Million euro +68.4%
2007 62.7 Million euro +46.5%
2008 67.17 Million euro +7.1%
2009 37.98 Million euro -43.5%
2010 28.64 Million euro -24.6%
2011 29.59 Million euro +3.3%
2012 32.84 Million euro +11.0%
2013 32.46 Million euro -1.2%
2014 38.2 Million euro +17.7%
2015 46.6 Million euro +22.0%
2016 52.6 Million euro +12.9%
2017 60 Million euro +14.1%
2018 63.9 Million euro +6.5%
2019 69 Million euro +8.0%
2020 79.2 Million euro +14.8%
2021 84.35 Million euro +6.5%
2022 93.36 Million euro +10.7%
2023 118 Million euro +26.4%
2024 148.62 Million euro +26.0%
2025 194.07 Million euro +30.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.7 Million euro 20.14 Million euro 67.17 Million euro 6
2010s 45.38 Million euro 28.64 Million euro 69 Million euro 10
2020s 119.6 Million euro 79.2 Million euro 194.07 Million euro 6

Countries ranked near Latvia

  1. 43 Serbia 362.33 Million euro compare
  2. 44 Romania 358.83 Million euro compare
  3. 45 Iceland 356.87 Million euro compare
  4. 46 Latvia 194.07 Million euro compare
  5. 48 Cyprus 112 Million euro compare
  6. 49 Malta 42.34 Million euro compare

See the full ranking of 54 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is gbard by type of funding in Latvia?
Gbard by type of funding in Latvia was 194.07 Million euro in 2025, according to Eurostat.
What is the highest gbard by type of funding recorded in Latvia?
The highest recorded value was 194.07 Million euro in 2025.
What is the lowest gbard by type of funding recorded in Latvia?
The lowest recorded value was 20.14 Million euro in 2004.
How does Latvia rank for gbard by type of funding?
Latvia ranks 46th out of 50 countries with data for 2025.
Is gbard by type of funding rising or falling in Latvia?
Over the last ten years it is up 316.5%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of GBARD by type of funding. Statizoid updates them automatically from the source API.

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GBARD by type of funding in Latvia. Statizoid, drawing on Eurostat. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/gbard-by-type-of-funding/latvia-2/

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About this data

Indicator
GBARD by type of funding
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
54 places, 1,127 data points, 2004–2025
Last refreshed