Latvia: Central government deficit (% of GDP)

Name: Latvia: Central government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1995–2025 · 31 observations · cgovdef_GDP

2025: −3.30%percent of GDP
Change on 2024: −0.5 pointsfrom −2.80%
Average, 2016–2025: −3.01%10 years
Record high and low: 0% (1997)low −7.70% (2021)

Central government deficit (% of GDP)

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Percent of GDP

Compare with other countries →Definition of Central government deficit (% of GDP)

Recent values

Percent of GDP

Year	Value
2025	-3.30
2024	-2.80
2023	-2.70
2022	-5.50
2021	-7.70
2020	-4.50
2019	-1.70
2018	-1.50
2017	-0.30
2016	-0.10

Sources

IMF Government Finance Statistics1995–2024
World Development Indicators1995–2024
Eurostat1995–2025

Compare these sources →

Latvia documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

Central government deficit (% of GDP)

Recent values

Sources

More for Latvia

Central government deficit (% of GDP) elsewhere