Latvia: Government deficit (% of GDP)
Percent of GDP · 1995–2025 · 31 observations · forecasts to 2031 · govdef_GDP
- 2025
- −2.50%percent of GDP
- Change on 2024
- −0.7 pointsfrom −1.80%
- Average, 2016–2025
- −2.47%10 years
- Record high and low
- 1.50% (1997)low −9.80% (2009)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -4.01 | Forecast |
| 2030 | -3.92 | Forecast |
| 2029 | -3.66 | Forecast |
| 2028 | -3.73 | Forecast |
| 2027 | -3.88 | Forecast |
| 2026 | -2.77 | Forecast |
| 2025 | -2.50 | |
| 2024 | -1.80 | |
| 2023 | -2.30 | |
| 2022 | -4.90 | |
| 2021 | -7.20 | |
| 2020 | -4.10 | |
| 2019 | -0.20 | |
| 2018 | -1.40 | |
| 2017 | -0.30 | |
| 2016 | 0 |
Sources
This series is derived from other GMD variables.
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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