Government deficit or surplus in Latvia
The government balance in Latvia was -2.5% of GDP in 2025.
Latvia, 2025
-2.5%
Change from 2024
−0.7percentage points
European Union, 2025
-3.1%
Median of European Union (27 countries), 2025
-2.5%
Position in 2025
14th of 27
Government deficit or surplus in Latvia over time
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Latvia
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Latvia | European Union |
|---|---|---|
| 2025 | -2.5% | -3.1% |
| 2024 | -1.8% | -3.1% |
| 2023 | -2.2% | -3.4% |
| 2022 | -4.8% | -3.1% |
| 2021 | -7.2% | -4.6% |
| 2020 | -4.0% | -6.7% |
| 2019 | -0.2% | -0.5% |
| 2018 | -1.3% | -0.4% |
| 2017 | -0.3% | -0.9% |
| 2016 | 0.1% | -1.4% |
| 2015 | -1.5% | -1.9% |
| 2014 | -1.7% | -2.4% |
| 2013 | -1.3% | -3.1% |
| 2012 | -1.5% | -3.7% |
| 2011 | -4.5% | -4.1% |
| 2010 | -9.0% | -6.0% |
| 2009 | -9.8% | -6.1% |
| 2008 | -4.5% | -2.1% |
| 2007 | -0.6% | -0.6% |
| 2006 | -0.6% | -1.4% |
| 2005 | -0.5% | -2.4% |
| 2004 | -1.2% | -2.7% |
| 2003 | -1.6% | -3.1% |
| 2002 | -2.4% | -2.8% |
| 2001 | -2.0% | -2.0% |
A dash means no value was published for that period.
In short
- That is a change of −0.7 percentage points from -1.8% in 2024.
- Since 2015, when it was -1.5%, the figure has changed by −1.0 percentage points.
- Among the 27 countries with data for 2025, Latvia has the 14th highest value.
- The figure for the European Union in 2025 was -3.1%.