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, 2025
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 2025's average rate (Eurostat).
- Revenue
- $21.12B · 42.8% of GDP
- Surplus (+) or deficit (−)
- -$1.23B · -2.5% of GDP
Where the money comes from
Taxes on sales, production and imports$6.9B
Taxes on income and wealth$4.11B
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
| Period | Revenue (% of GDP) | Spending (% of GDP) |
|---|---|---|
| 1,995 | 35.3 | 36.8 |
| 1,996 | 36.1 | 36.5 |
| 1,997 | 37.6 | 36.1 |
| 1,998 | 39 | 39 |
| 1,999 | 38.2 | 42 |
| 2,000 | 35.3 | 38.1 |
| 2,001 | 33.4 | 35.4 |
| 2,002 | 33.8 | 36.2 |
| 2,003 | 33.8 | 35.4 |
| 2,004 | 35.4 | 36.6 |
| 2,005 | 35.8 | 36.3 |
| 2,006 | 37.9 | 38.5 |
| 2,007 | 35.9 | 36.5 |
| 2,008 | 35.7 | 40.2 |
| 2,009 | 36.6 | 46.4 |
| 2,010 | 38.1 | 46.9 |
| 2,011 | 39.3 | 43.8 |
| 2,012 | 38.9 | 40.4 |
| 2,013 | 38.6 | 39.9 |
| 2,014 | 38.7 | 40.4 |
| 2,015 | 38.5 | 40 |
| 2,016 | 38.8 | 38.8 |
| 2,017 | 39.3 | 39.6 |
| 2,018 | 39.1 | 40.7 |
| 2,019 | 39.4 | 39.7 |
| 2,020 | 40.2 | 44.3 |
| 2,021 | 39.2 | 46.5 |
| 2,022 | 39.1 | 44.2 |
| 2,023 | 40.9 | 43.4 |
| 2,024 | 43.6 | 45.6 |
| 2,025 | 42.8 |
Where these figures come from
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