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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)

Report error
34%36%38%40%42%44%46%48%19952000200520102015202020252030LatviaLatvia
ForecastPercent of GDP

Compare with other countries →Definition of General government expenditure (% of GDP)

Recent values

Percent of GDP

YearValue
203146.3Forecast
203046.2Forecast
202946.0Forecast
202846.0Forecast
202746.4Forecast
202646.3Forecast
202546.1
202445.3
202343.4
202244.2
202146.5
202044.3
201939.7
201840.7
201739.6
201638.8

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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