Latvia recorded a government budget deficit of 242155 EUR Thousand in November of 2024. Government Budget Value in Latvia averaged -39849.11 EUR Thousand from 2003 until 2024, reaching an all time high of 350765.00 EUR Thousand in June of 2024 and a record low of -1157739.00 EUR Thousand in December of 2023. source: Treasury of the Republic of Latvia

Related	Last	Previous	Unit	Reference
Asylum Applications	55.00	75.00	persons	Oct 2024
Credit Rating	72.00			Jan 2025
Fiscal Expenditure	1591920.00	1710671.00	EUR Thousand	Nov 2024
Government Budget	-2.40	-4.90	percent of GDP	Dec 2023
Government Budget Value	-242155.00	-295435.00	EUR Thousand	Nov 2024
Government Debt	18852.30	18192.50	EUR Million	Sep 2024
Government Debt to GDP	45.00	44.40	percent of GDP	Dec 2023
Government Revenues	1349764.00	1415236.00	EUR Thousand	Nov 2024
Government Spending	1793842.00	1971307.00	EUR Thousand	Sep 2024
Government Spending to GDP	44.00	44.20	percent of GDP	Dec 2023
Holidays
Military Expenditure	1045.30	856.10	USD Million	Dec 2023

Latvia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.