Fiscal Expenditure in Latvia increased to 1451597 EUR Thousand in June from 1138891 EUR Thousand in May of 2021. source: Treasury of the Republic of Latvia

Fiscal Expenditure in Latvia averaged 747564.44 EUR Thousand from 2003 until 2021, reaching an all time high of 1796045 EUR Thousand in December of 2020 and a record low of 226009 EUR Thousand in January of 2003. This page provides - Latvia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Fiscal Expenditure - values, historical data and charts - was last updated on July of 2021.

Fiscal Expenditure in Latvia is expected to be 940668.44 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Latvia to stand at 941874.97 in 12 months time. In the long-term, the Latvia Fiscal Expenditure is projected to trend around 941918.43 EUR Thousand in 2022 and 941918.31 EUR Thousand in 2023, according to our econometric models.

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Latvia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
1451597.00 1138891.00 1796045.00 226009.00 2003 - 2021 EUR Thousand Monthly
Current Prices, NSA

Latvia Government Last Previous Highest Lowest Unit
Government Debt to GDP 43.50 37.00 47.90 8.50 percent of GDP [+]
Government Budget -4.50 -0.60 1.40 -9.60 percent of GDP [+]
Government Budget Value -252544202.00 33166776.00 265296344.00 -664503770.00 EUR Million [+]
Government Spending 1136585.00 1478948.00 1478948.00 744659.00 EUR Thousand [+]
Government Spending to GDP 43.60 38.40 46.00 24.70 percent of GDP [+]
Government Revenues 1128291.00 1182648.00 1230009.00 228388.00 EUR Thousand [+]
Government Debt 13430.20 12749.90 13430.20 811.71 EUR Million [+]
Fiscal Expenditure 1451597.00 1138891.00 1796045.00 226009.00 EUR Thousand [+]
Credit Rating 73.00 [+]
Military Expenditure 739.00 692.00 739.00 76.30 USD Million [+]
Asylum Applications 5.00 5.00 70.00 0.00 persons [+]

Latvia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.