Latvia: General government expenditure (% of GDP)
Percent of GDP · 1995–2025 · 31 observations · forecasts to 2031 · gen_govexp_GDP
- 2025
- 46.1%percent of GDP
- Change on 2024
- +0.8 pointsfrom 45.3%
- Average, 2016–2025
- 42.9%10 years
- Record high and low
- 46.9% (2010)low 35.4% (2001)
General government expenditure (% of GDP)
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Compare with other countries →Definition of General government expenditure (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | 46.3 | Forecast |
| 2030 | 46.2 | Forecast |
| 2029 | 46.0 | Forecast |
| 2028 | 46.0 | Forecast |
| 2027 | 46.4 | Forecast |
| 2026 | 46.3 | Forecast |
| 2025 | 46.1 | |
| 2024 | 45.3 | |
| 2023 | 43.4 | |
| 2022 | 44.2 | |
| 2021 | 46.5 | |
| 2020 | 44.3 | |
| 2019 | 39.7 | |
| 2018 | 40.7 | |
| 2017 | 39.6 | |
| 2016 | 38.8 |
Sources
- IMF Government Finance Statistics1995–2024
- AMECO (European Commission)1995–2025
- Eurostat1995–2025
- OECD Economic Outlook1995–2025
- IMF Fiscal Policy Panel1998–2023
- IMF World Economic Outlook1998–2024
- IMF WEO (forecast)2024–2031
- AMECO (forecast)2025–2027
- OECD Economic Outlook (forecast)2025–2027
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 →
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