Government deficit (−) or surplus (+) in Latvia i
Free · Annual · % of GDP
Source: Eurostat (gov_10dd_edpt1), retrieved 2026-10-17 · View on Eurostat · See technical sheet
-2.5%
Latvia · 2025
Year-on-year change-0.7 pp
Previous period-1.8% 2024
Rank in Europe14 of 27
EU27-3.1%
Spain-2.4%
Trend
Country ranking → Latvia → Compare Spain and Latvia →
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| Period | Latvia | EU27 |
|---|---|---|
| 2025 | -2.5% | -3.1% |
| 2024 | -1.8% | -3.1% |
| 2023 | -2.3% | -3.4% |
| 2022 | -4.9% | -3.2% |
| 2021 | -7.2% | -4.6% |
| 2020 | -4.1% | -6.7% |
| 2019 | -0.2% | -0.5% |
| 2018 | -1.4% | -0.4% |
| 2017 | -0.3% | -0.9% |
| 2016 | 0.0% | -1.4% |
| 2015 | -1.5% | -1.9% |
| 2014 | -1.7% | -2.4% |
| 2013 | -1.3% | -3.1% |
| 2012 | -1.5% | -3.7% |
| 2011 | -4.5% | -4.1% |
Data analysis
Latvia, “Government deficit (−) or surplus (+)” (2025): -2.5%; a year earlier, -1.8% (-0.7 pp: deterioration). Latvia ranks 14 of 27 European countries with data. For reference, the EU27 records -3.1% and Spain -2.4%. Over the last 5 periods the series shows an upward trend.
About this indicator
- What is the latest government deficit (−) or surplus (+) figure in Latvia?
- -2.5% in 2025, rank 14 of 27 European countries. The EU27 figure is -3.1%.
- What does government deficit (−) or surplus (+) measure?
- Government deficit (−) or surplus (+), in % of GDP. A higher value indicates a more favourable situation.
- Where does the government deficit (−) or surplus (+) data come from?
- Eurostat, dataset gov_10dd_edpt1 («Government deficit/surplus, debt and associated data»). RAC-EU downloads it from Eurostat's official API and checks it every day.
- How often is government deficit (−) or surplus (+) updated?
- Annual. The latest period published is 2025; RAC-EU adds new data and revisions on the day Eurostat publishes them.