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, 2023

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 2023's average rate (Eurostat).

Revenue
$17.52B · 40.9% of GDP
Spending
$18.59B · 43.4% of GDP
Surplus (+) or deficit (−)
-$953.27M · -2.2% of GDP

What the money is spent on

Latvia, 2023: spending by function, as a share of all spending
Latvia, 2023: spending by function, as a share of all spending
RowValue (%)ShareNote
Social protection31$5.76B
Economic affairs15.6$2.89B
Education14$2.6B
Health12.5$2.32B
General public services8.8$1.64B
Defence6$1.11B
Public order and safety5.9$1.1B
Recreation, culture and religion3$562.38M
Housing and community amenities2.1$392.08M
Environmental protection1.1$211.72M
Social protection$5.76B
Social protection, in detail, as a share of it
Social protection, in detail, as a share of it
RowValue (%)ShareNote
Old age57.8$3.33B
Sickness and disability19.8$1.14B
Family and children10.7$619.04M
Social exclusion n.e.c.4.1$233.78M
Unemployment3.2$184.36M
Social protection n.e.c.2.4$139.16M
Survivors1.6$89.42M
Housing0.4$22.92M
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
Transport63.5$1.84B
Fuel and energy14.4$417.71M
General economic, commercial and labour affairs8.7$252.05M
Agriculture, forestry, fishing and hunting7.1$206.2M
Economic affairs n.e.c.2.9$85.31M
Other industries1.8$51.04M
Mining, manufacturing and construction0.9$27.25M
Communication0.6$17.52M
R&D Economic affairs0$0
Education$2.6B
Education, in detail, as a share of it
Education, in detail, as a share of it
RowValue (%)ShareNote
Pre-primary and primary education38.5$1B
Secondary education23.3$607.04M
Tertiary education17.8$463.66M
Education n.e.c.8.9$231.4M
Education not definable by level7.3$191.07M
Subsidiary services to education3.1$81.42M
R&D Education1$26.71M
Post-secondary non-tertiary education0$0
Health$2.32B
Health, in detail, as a share of it
Health, in detail, as a share of it
RowValue (%)ShareNote
Hospital services55.3$1.28B
Outpatient services26.7$619.37M
Medical products, appliances and equipment13.9$321.25M
Health n.e.c.2.7$61.74M
Public health services1.5$34.28M
R&D Health0$0
General public services$1.64B
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 affairs65.1$1.07B
Public debt transactions21$343.64M
Basic research9.2$150.3M
General services4.2$68.45M
R&D General public services0.4$6.16M
General public services n.e.c.0.2$2.92M
Foreign economic aid0$108.13K
Transfers of a general character between different levels of government0$0
Defence$1.11B
Defence, in detail, as a share of it
Defence, in detail, as a share of it
RowValue (%)ShareNote
Military defence85.7$950.35M
Foreign military aid11.2$123.7M
Defence n.e.c.2.3$25.09M
Civil defence0.8$9.19M
R&D Defence0$0
Public order and safety$1.1B
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 services54.4$597.31M
Law courts18.6$203.83M
Public order and safety n.e.c.9.5$103.7M
Fire-protection services8.9$97.75M
Prisons8.6$94.72M
R&D Public order and safety0$0
Recreation, culture and religion$562.38M
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 services70.1$394.03M
Recreational and sporting services16.9$94.83M
Broadcasting and publishing services10.4$58.28M
Recreation, culture and religion n.e.c.2.5$13.84M
Religious and other community services0.2$1.41M
R&D Recreation, culture and religion0$0
Housing and community amenities$392.08M
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 development30.2$118.51M
Housing development28$109.75M
Street lighting18.9$74.29M
Water supply14.5$56.98M
Housing and community amenities n.e.c.8.3$32.44M
R&D Housing and community amenities0$108.13K
Environmental protection$211.72M
Environmental protection, in detail, as a share of it
Environmental protection, in detail, as a share of it
RowValue (%)ShareNote
Waste management47.9$101.32M
Pollution abatement21.1$44.77M
Environmental protection n.e.c.18.3$38.82M
Protection of biodiversity and landscape6.1$12.87M
Waste water management5.6$11.89M
R&D Environmental protection1$2.05M

Where the money comes from

Latvia, 2023: revenue by kind, as a share of all revenue
Latvia, 2023: revenue by kind, as a share of all revenue
RowValue (%)ShareNote
Taxes on sales, production and imports34.4$6.03B
Social contributions26.3$4.61B
Taxes on income and wealth19.4$3.39B
Sales, fees and charges8$1.4B
Other transfers received5.9$1.03B
Income from property (interest, dividends, rent)3.1$551.14M
Capital transfers and taxes received2.9$504.86M
Subsidies received0$216.26K
Taxes on sales, production and imports$6.03B
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 tax67.6$4.08B
Not broken down, or fitting no category32.4$1.95B
Taxes on income and wealth$3.39B
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 income97.7$3.32B
Other taxes on wealth and income2.3$77.75M

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.

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