Government deficit/surplus, debt and associated data in Latvia
Latvia: Government deficit/surplus, debt and associated data was 43,648 in 2025. ◆ Volatile
Latest (2025)
43,648
Change on year
up 6.2%
World rank
30th
of 35 countries
All-time high
43,648
in 2025
All-time low
4,008
in 1995
Years of data
31
1995–2025
Government deficit/surplus, debt and associated data in Latvia, 1995–2025
Source: Eurostat.
Analysis
Latvia recorded 43,648 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 6.2% on the previous year and up 83.8% over ten years.
Over the whole period, government deficit/surplus, debt and associated data in Latvia peaked at 43,648 in 2025 and was at its lowest, 4,008, 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 | Value | Change |
|---|---|---|
| 1995 | 4,008 | — |
| 1996 | 4,565 | +13.9% |
| 1997 | 5,594 | +22.5% |
| 1998 | 6,231 | +11.4% |
| 1999 | 6,851 | +10.0% |
| 2000 | 8,418 | +22.9% |
| 2001 | 9,182 | +9.1% |
| 2002 | 9,841 | +7.2% |
| 2003 | 10,029 | +1.9% |
| 2004 | 11,230 | +12.0% |
| 2005 | 13,227 | +17.8% |
| 2006 | 16,449 | +24.4% |
| 2007 | 21,592 | +31.3% |
| 2008 | 23,355 | +8.2% |
| 2009 | 18,407 | -21.2% |
| 2010 | 17,572 | -4.5% |
| 2011 | 19,023 | +8.3% |
| 2012 | 21,271 | +11.8% |
| 2013 | 21,997 | +3.4% |
| 2014 | 22,790 | +3.6% |
| 2015 | 23,744 | +4.2% |
| 2016 | 24,498 | +3.2% |
| 2017 | 26,017 | +6.2% |
| 2018 | 28,141 | +8.2% |
| 2019 | 29,560 | +5.0% |
| 2020 | 29,213 | -1.2% |
| 2021 | 32,273 | +10.5% |
| 2022 | 36,017 | +11.6% |
| 2023 | 39,475 | +9.6% |
| 2024 | 41,108 | +4.1% |
| 2025 | 43,648 | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,450 | 4,008 | 6,851 | 5 |
| 2000s | 14,173 | 8,418 | 23,355 | 10 |
| 2010s | 23,461 | 17,572 | 29,560 | 10 |
| 2020s | 36,956 | 29,213 | 43,648 | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 4.98 % 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 3 region - monthly data 505.67 (2025)
- Cooling and heating degree days by NUTS 3 region - annual data 3,617 (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
- 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)
Frequently asked questions
- What is government deficit/surplus, debt and associated data in Latvia?
- Government deficit/surplus, debt and associated data in Latvia was 43,648 in 2025, according to Eurostat.
- What is the highest government deficit/surplus, debt and associated data recorded in Latvia?
- The highest recorded value was 43,648 in 2025.
- What is the lowest government deficit/surplus, debt and associated data recorded in Latvia?
- The lowest recorded value was 4,008 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 83.8%. 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).