Government deficit/surplus, debt and associated data in Latvia
Latvia: Government deficit/surplus, debt and associated data was 43,026 in 2025. ◆ Volatile
Government deficit/surplus, debt and associated data in Latvia, 1995–2025
Source: Eurostat.
Analysis
The most recent figure for government deficit/surplus, debt and associated data in Latvia is 43,026, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of 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 in 2025 and was at its lowest, 4,008, in 1995.
That places Latvia 31st out of 35 countries with data for 2025, putting it 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 | 28,153 | +8.2% |
| 2019 | 29,567 | +5.0% |
| 2020 | 29,224 | -1.2% |
| 2021 | 32,284 | +10.5% |
| 2022 | 36,089 | +11.8% |
| 2023 | 39,564 | +9.6% |
| 2024 | 40,652 | +2.8% |
| 2025 | 43,026 | +5.8% |
Latvia compared with similar countries
- Latvia's 43,026 is below the median for Europe & Central Asia, which is 327,898, 13% of the median. (26 countries reporting)
- Latvia's 43,026 is below the median for high income countries, which is 308,538, 14% of the median. (27 countries reporting)
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 | 23,463 | 17,572 | 29,567 | 10 |
| 2020s | 36,807 | 29,224 | 43,026 | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
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 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 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 31st 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).