Public budgets

Latvia: public budget

What Latvia's government raised and what it spent it on, from the figures its own budget laws or a statistics office publish. Solon places every figure on the same international classification, so it can be compared with any other place.

General government, 2024

Outturn: what came in and was spent

General government: central, state and local government and social security funds together, consolidated so that money passed between them is counted once, as Eurostat's government finance statistics (ESA 2010) count it.

Amounts in USD, converted from EUR at 2024's average rate (Eurostat).

Revenue
$19.08B · 43.6% of GDP
Spending
$19.94B · 45.6% of GDP
Surplus (+) or deficit (−)
-$806.17M · -1.8% of GDP

What the money is spent on

Latvia, 2024: spending by function, as a share of all spending
Latvia, 2024: spending by function, as a share of all spending
RowValue (%)ShareNote
Social protection30.9$6.16B
Economic affairs14.5$2.89B
Education13.4$2.67B
Health11.9$2.37B
General public services10$2B
Public order and safety7$1.39B
Defence6$1.2B
Recreation, culture and religion3$606.47M
Housing and community amenities2.1$419.75M
Environmental protection1.2$231.53M
Social protection$6.16B
Social protection, in detail, as a share of it
Social protection, in detail, as a share of it
RowValue (%)ShareNote
Old age57.6$3.55B
Sickness and disability20.9$1.29B
Family and children10$615.78M
Unemployment3.6$223.19M
Social exclusion n.e.c.3.3$206.09M
Social protection n.e.c.2.2$135.08M
Survivors1.6$96.77M
Housing0.8$49.9M
R&D Social protection0$0
Economic affairs$2.89B
Economic affairs, in detail, as a share of it
Economic affairs, in detail, as a share of it
RowValue (%)ShareNote
Transport64.8$1.87B
General economic, commercial and labour affairs10.8$310.76M
Fuel and energy10.1$290.62M
Agriculture, forestry, fishing and hunting7.8$226.44M
Economic affairs n.e.c.3.1$88.32M
Other industries1.4$40.48M
Mining, manufacturing and construction1.1$30.85M
R&D Economic affairs0.8$23.06M
Communication0.2$6.39M
Education$2.67B
Education, in detail, as a share of it
Education, in detail, as a share of it
RowValue (%)ShareNote
Pre-primary and primary education42.1$1.12B
Secondary education23.6$629.85M
Tertiary education17.5$466.51M
Education not definable by level8$213.45M
Education n.e.c.4.6$123.39M
Subsidiary services to education3.3$88.97M
R&D Education1$25.87M
Post-secondary non-tertiary education0$0
Health$2.37B
Health, in detail, as a share of it
Health, in detail, as a share of it
RowValue (%)ShareNote
Hospital services55.7$1.32B
Outpatient services22.6$535.79M
Medical products, appliances and equipment12.5$295.93M
Public health services6.6$156.3M
Health n.e.c.2.6$60.72M
R&D Health0$0
General public services$2B
General public services, in detail, as a share of it
General public services, in detail, as a share of it
RowValue (%)ShareNote
Executive and legislative organs, financial and fiscal affairs, external affairs58.9$1.18B
Public debt transactions25.7$515.44M
Basic research10.6$213.02M
General services4$79.34M
General public services n.e.c.0.5$9.2M
R&D General public services0.3$6.71M
Foreign economic aid0$108.24K
Transfers of a general character between different levels of government0$0
Public order and safety$1.39B
Public order and safety, in detail, as a share of it
Public order and safety, in detail, as a share of it
RowValue (%)ShareNote
Police services54.1$752.27M
Law courts16.2$224.6M
Prisons11.6$161.49M
Fire-protection services10.3$143.2M
Public order and safety n.e.c.7.8$108.67M
R&D Public order and safety0$0
Defence$1.2B
Defence, in detail, as a share of it
Defence, in detail, as a share of it
RowValue (%)ShareNote
Military defence88.5$1.06B
Foreign military aid8.6$102.29M
Defence n.e.c.2$23.81M
Civil defence1$11.8M
R&D Defence0$0
Recreation, culture and religion$606.47M
Recreation, culture and religion, in detail, as a share of it
Recreation, culture and religion, in detail, as a share of it
RowValue (%)ShareNote
Cultural services64.2$389.45M
Recreational and sporting services19$114.95M
Broadcasting and publishing services12.7$76.74M
Recreation, culture and religion n.e.c.3.9$23.92M
Religious and other community services0.2$1.41M
R&D Recreation, culture and religion0$0
Housing and community amenities$419.75M
Housing and community amenities, in detail, as a share of it
Housing and community amenities, in detail, as a share of it
RowValue (%)ShareNote
Community development31.9$133.78M
Housing development26.6$111.49M
Street lighting18$75.55M
Water supply15.2$63.75M
Housing and community amenities n.e.c.8.4$35.07M
R&D Housing and community amenities0$0
Environmental protection$231.53M
Environmental protection, in detail, as a share of it
Environmental protection, in detail, as a share of it
RowValue (%)ShareNote
Waste management55.9$129.46M
Environmental protection n.e.c.21.4$49.47M
Pollution abatement9.1$21M
Waste water management6.5$14.94M
Protection of biodiversity and landscape5$11.69M
R&D Environmental protection2.2$4.98M

Where the money comes from

Latvia, 2024: revenue by kind, as a share of all revenue
Latvia, 2024: revenue by kind, as a share of all revenue
RowValue (%)ShareNote
Taxes on sales, production and imports33.2$6.33B
Social contributions26.5$5.05B
Taxes on income and wealth21.2$4.04B
Sales, fees and charges8.1$1.55B
Other transfers received4.4$844.27M
Income from property (interest, dividends, rent)3.5$667.95M
Capital transfers and taxes received3.1$597.59M
Subsidies received0$216.48K
Taxes on sales, production and imports$6.33B
Taxes on sales, production and imports, in detail, as a share of it
Taxes on sales, production and imports, in detail, as a share of it
RowValue (%)ShareNote
Value added tax65.7$4.16B
Not broken down, or fitting no category34.3$2.17B
Taxes on income and wealth$4.04B
Taxes on income and wealth, in detail, as a share of it
Taxes on income and wealth, in detail, as a share of it
RowValue (%)ShareNote
Taxes on income98.1$3.96B
Other taxes on wealth and income1.9$78.37M

Over the years

35.3 % of GDPRevenue · 1,99536.1 % of GDPRevenue · 1,99637.6 % of GDPRevenue · 1,99739 % of GDPRevenue · 1,99838.2 % of GDPRevenue · 1,99935.3 % of GDPRevenue · 2,00033.4 % of GDPRevenue · 2,00133.8 % of GDPRevenue · 2,00233.8 % of GDPRevenue · 2,00335.4 % of GDPRevenue · 2,00435.8 % of GDPRevenue · 2,00537.9 % of GDPRevenue · 2,00635.9 % of GDPRevenue · 2,00735.7 % of GDPRevenue · 2,00836.6 % of GDPRevenue · 2,00938.1 % of GDPRevenue · 2,01039.3 % of GDPRevenue · 2,01138.9 % of GDPRevenue · 2,01238.6 % of GDPRevenue · 2,01338.7 % of GDPRevenue · 2,01438.5 % of GDPRevenue · 2,01538.8 % of GDPRevenue · 2,01639.3 % of GDPRevenue · 2,01739.1 % of GDPRevenue · 2,01839.4 % of GDPRevenue · 2,01940.2 % of GDPRevenue · 2,02039.2 % of GDPRevenue · 2,02139.1 % of GDPRevenue · 2,02240.9 % of GDPRevenue · 2,02343.6 % of GDPRevenue · 2,02442.8 % of GDPRevenue · 2,02536.8 % of GDPSpending · 1,99536.5 % of GDPSpending · 1,99636.1 % of GDPSpending · 1,99739 % of GDPSpending · 1,99842 % of GDPSpending · 1,99938.1 % of GDPSpending · 2,00035.4 % of GDPSpending · 2,00136.2 % of GDPSpending · 2,00235.4 % of GDPSpending · 2,00336.6 % of GDPSpending · 2,00436.3 % of GDPSpending · 2,00538.5 % of GDPSpending · 2,00636.5 % of GDPSpending · 2,00740.2 % of GDPSpending · 2,00846.4 % of GDPSpending · 2,00946.9 % of GDPSpending · 2,01043.8 % of GDPSpending · 2,01140.4 % of GDPSpending · 2,01239.9 % of GDPSpending · 2,01340.4 % of GDPSpending · 2,01440 % of GDPSpending · 2,01538.8 % of GDPSpending · 2,01639.6 % of GDPSpending · 2,01740.7 % of GDPSpending · 2,01839.7 % of GDPSpending · 2,01944.3 % of GDPSpending · 2,02046.5 % of GDPSpending · 2,02144.2 % of GDPSpending · 2,02243.4 % of GDPSpending · 2,02345.6 % of GDPSpending · 2,024
Latvia: revenue and spending, 1995–2025
Latvia: revenue and spending, 1995–2025
PeriodRevenue (% of GDP)Spending (% of GDP)
1,99535.336.8
1,99636.136.5
1,99737.636.1
1,9983939
1,99938.242
2,00035.338.1
2,00133.435.4
2,00233.836.2
2,00333.835.4
2,00435.436.6
2,00535.836.3
2,00637.938.5
2,00735.936.5
2,00835.740.2
2,00936.646.4
2,01038.146.9
2,01139.343.8
2,01238.940.4
2,01338.639.9
2,01438.740.4
2,01538.540
2,01638.838.8
2,01739.339.6
2,01839.140.7
2,01939.439.7
2,02040.244.3
2,02139.246.5
2,02239.144.2
2,02340.943.4
2,02443.645.6
2,02542.8
Where these figures come from

Series read from Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) on 2026-11-11.

Change it

Think this money should be raised or spent differently? Draft it as a proposal: a proposal is evidence of support, handed to whoever decides, never law.

Propose a change to this budgetCompare one function across countries →