Government deficit/surplus, debt and associated data in Latvia
Latvia: Government deficit/surplus, debt and associated data was 43,026 Million euro in 2025. ◆ Volatile
Latest (2025)
43,026 Million euro
Change on year
up 5.8%
World rank
30th
of 35 countries
All-time high
43,026 Million euro
in 2025
All-time low
4,008 Million euro
in 1995
Years of data
31
1995–2025
Government deficit/surplus, debt and associated data in Latvia, 1995–2025
Source: Eurostat. Measured in Million euro.
Analysis
Latvia recorded 43,026 Million euro for government deficit/surplus, debt and associated data in 2025. That is the highest value across all 31 years on record.
The figure is up 5.8% on the previous year and up 81.2% over ten years.
Over the whole period, government deficit/surplus, debt and associated data in Latvia peaked at 43,026 Million euro in 2025 and was at its lowest, 4,008 Million euro, in 1995.
Latvia ranks 30th of 35 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government deficit/surplus, debt and associated data in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 1995 | 4,008 Million euro | — |
| 1996 | 4,565 Million euro | +13.9% |
| 1997 | 5,594 Million euro | +22.5% |
| 1998 | 6,231 Million euro | +11.4% |
| 1999 | 6,851 Million euro | +10.0% |
| 2000 | 8,418 Million euro | +22.9% |
| 2001 | 9,182 Million euro | +9.1% |
| 2002 | 9,841 Million euro | +7.2% |
| 2003 | 10,029 Million euro | +1.9% |
| 2004 | 11,230 Million euro | +12.0% |
| 2005 | 13,227 Million euro | +17.8% |
| 2006 | 16,449 Million euro | +24.4% |
| 2007 | 21,592 Million euro | +31.3% |
| 2008 | 23,355 Million euro | +8.2% |
| 2009 | 18,407 Million euro | -21.2% |
| 2010 | 17,572 Million euro | -4.5% |
| 2011 | 19,023 Million euro | +8.3% |
| 2012 | 21,271 Million euro | +11.8% |
| 2013 | 21,997 Million euro | +3.4% |
| 2014 | 22,790 Million euro | +3.6% |
| 2015 | 23,744 Million euro | +4.2% |
| 2016 | 24,498 Million euro | +3.2% |
| 2017 | 26,017 Million euro | +6.2% |
| 2018 | 28,153 Million euro | +8.2% |
| 2019 | 29,567 Million euro | +5.0% |
| 2020 | 29,224 Million euro | -1.2% |
| 2021 | 32,284 Million euro | +10.5% |
| 2022 | 36,089 Million euro | +11.8% |
| 2023 | 39,564 Million euro | +9.6% |
| 2024 | 40,652 Million euro | +2.8% |
| 2025 | 43,026 Million euro | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,450 Million euro | 4,008 Million euro | 6,851 Million euro | 5 |
| 2000s | 14,173 Million euro | 8,418 Million euro | 23,355 Million euro | 10 |
| 2010s | 23,463 Million euro | 17,572 Million euro | 29,567 Million euro | 10 |
| 2020s | 36,807 Million euro | 29,224 Million euro | 43,026 Million euro | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Cooling and heating degree days by NUTS 2 regions - annual data 4.98 % change on previous year (2025)
- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
Frequently asked questions
- What is government deficit/surplus, debt and associated data in Latvia?
- Government deficit/surplus, debt and associated data in Latvia was 43,026 Million euro in 2025, according to Eurostat.
- What is the highest government deficit/surplus, debt and associated data recorded in Latvia?
- The highest recorded value was 43,026 Million euro in 2025.
- What is the lowest government deficit/surplus, debt and associated data recorded in Latvia?
- The lowest recorded value was 4,008 Million euro in 1995.
- How does Latvia rank for government deficit/surplus, debt and associated data?
- Latvia ranks 30th out of 35 countries with data for 2025.
- Is government deficit/surplus, debt and associated data rising or falling in Latvia?
- Over the last ten years it is up 81.2%. 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 Government deficit/surplus, debt and associated data. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Eurostat).