Government Spending in Latvia decreased to 899824 EUR Thousand in the first quarter of 2019 from 1179788 EUR Thousand in the fourth quarter of 2018. Government Spending in Latvia averaged 848643.64 EUR Thousand from 1995 until 2019, reaching an all time high of 1179788 EUR Thousand in the fourth quarter of 2018 and a record low of 604350 EUR Thousand in the third quarter of 1996.
Government Spending in Latvia is expected to be 1072698.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Latvia to stand at 1209283.00 in 12 months time. In the long-term, the Latvia Government Spending is projected to trend around 1281668.00 EUR Thousand in 2020, according to our econometric models.