Latvia Government Deficit (% of GDP)
Latvia Government Deficit (% of GDP) published by Eurostat, covering Latvia at annual frequency (2000–2024).
Latvia (2024)
-1.8
% of GDP
+0.6pp YoY
YoY Change
+0.6pp
percentage points
Trend
up
Series length
25
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | -1.8 | +0.6pp |
| 2023 | -2.4 | +2.5pp |
| 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 | 0.0 | +1.5pp |
| 2015 | -1.5 | +0.2pp |
| 2014 | -1.7 | -0.4pp |
| 2013 | -1.3 | +0.2pp |
| 2012 | -1.5 | +3.0pp |
| 2011 | -4.5 | +4.3pp |
| 2010 | -8.8 | +1.0pp |
| 2009 | -9.8 | -5.3pp |
| 2008 | -4.5 | -3.9pp |
| 2007 | -0.6 | +0.0pp |
| 2006 | -0.6 | -0.1pp |
| 2005 | -0.5 | n/a |
About this Dataset
Latvia recorded -1.8 % of GDP in 2024. The most recent year-on-year change was +0.6pp. The historical series (2000–2024) shows a peak of 0.0 in 2016 and a trough of -9.8 in 2009.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability within the European statistical framework.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks latvia government deficit (% of gdp) in Latvia, published by Eurostat. Data covers 2000–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 0.0 % of GDP in 2016 and reached its lowest recorded value of -9.8 in 2009. The latest reading of -1.8 in 2024 represents a year-on-year change of +0.6pp.