Latvia (2025)
-2.5
% of GDP
-0.7pp YoY
YoY Change
-0.7pp
percentage points
Trend
down
Series length
26
years of data

Data

Latvia Government Deficit (% of GDP) (2025) — source data. Eurostat.
Year % of GDP YoY Change
2025 -2.5 -0.7pp
2024 -1.8 +0.5pp
2023 -2.3 +2.6pp
2022 -4.9 +2.3pp
2021 -7.2 -3.1pp
2020 -4.1 -3.9pp
2019 -0.2 +1.2pp
2018 -1.4 -1.1pp
2017 -0.3 -0.3pp
2016 0 +1.5pp
2015 -1.5 +0.2pp
2014 -1.7 -0.4pp
2013 -1.3 +0.2pp
2012 -1.5 +3pp
2011 -4.5 +4.3pp
2010 -8.8 +1pp
2009 -9.8 -5.3pp
2008 -4.5 -3.9pp
2007 -0.6 unchanged
2006 -0.6 -0.1pp

About this Dataset

Latvia recorded -2.5 % of GDP in 2025. The latest change was -0.7pp. Across 2000–2025 the series ranges from -9.8 in 2009 to 0 in 2016.

This page tracks the general government balance (surplus/deficit as % of GDP) in Latvia from 2000 to present. Show Maastricht 3% deficit threshold context.

Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks the general government balance (surplus/deficit as % of GDP) in Latvia from 2000 to present. Show Maastricht 3% deficit threshold context. It is published by Eurostat and updated annually.

The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2000–2025 (26 observations).

The series peaked at 0 % of GDP in 2016 and reached its lowest recorded value of -9.8 in 2009. The latest reading of -2.5 in 2025 represents a change of -0.7pp.