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Latvia: Government expenditure (% of GDP)

Percent of GDP · 1995–2025 · 31 observations · forecasts to 2031 · 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)

Government expenditure (% of GDP)

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

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

Latvia documentation (PDF)

More for Latvia

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 73 series →

Government expenditure (% of GDP) elsewhere

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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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