Annual government non-financial accounts and key indicators in Latvia
Latvia: Annual government non-financial accounts and key indicators was -1,093 National currency in 2025. ◆ Volatile
Annual government non-financial accounts and key indicators in Latvia, 1995–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government non-financial accounts and key indicators in Latvia is -1,093 National currency, measured in 2025.
The figure is down 50.5% on the previous year and down 202.6% over ten years.
Over the whole period, annual government non-financial accounts and key indicators in Latvia peaked at 76.25 National currency in 1997 and was at its lowest, -2,331 National currency, in 2021.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government non-financial accounts and key indicators in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | -57.96 National currency | — |
| 1996 | -19.69 National currency | -66.0% |
| 1997 | 76.25 National currency | -487.3% |
| 1998 | 1.73 National currency | -97.7% |
| 1999 | -234.11 National currency | -13632.4% |
| 2000 | -187.07 National currency | -20.1% |
| 2001 | -145.34 National currency | -22.3% |
| 2002 | -195 National currency | +34.2% |
| 2003 | -149.79 National currency | -23.2% |
| 2004 | -131.57 National currency | -12.2% |
| 2005 | -65.53 National currency | -50.2% |
| 2006 | -91.17 National currency | +39.1% |
| 2007 | -127.94 National currency | +40.3% |
| 2008 | -1,044 National currency | +716.1% |
| 2009 | -1,814 National currency | +73.7% |
| 2010 | -1,558 National currency | -14.1% |
| 2011 | -854.47 National currency | -45.2% |
| 2012 | -308.18 National currency | -63.9% |
| 2013 | -276.33 National currency | -10.3% |
| 2014 | -387.67 National currency | +40.3% |
| 2015 | -361.3 National currency | -6.8% |
| 2016 | -3.36 National currency | -99.1% |
| 2017 | -77.65 National currency | +2211.0% |
| 2018 | -381.76 National currency | +391.6% |
| 2019 | -45.93 National currency | -88.0% |
| 2020 | -1,195 National currency | +2500.7% |
| 2021 | -2,331 National currency | +95.1% |
| 2022 | -1,754 National currency | -24.8% |
| 2023 | -926.73 National currency | -47.2% |
| 2024 | -726.52 National currency | -21.6% |
| 2025 | -1,093 National currency | +50.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -46.76 National currency | -234.11 National currency | 76.25 National currency | 5 |
| 2000s | -395.15 National currency | -1,814 National currency | -65.53 National currency | 10 |
| 2010s | -425.51 National currency | -1,558 National currency | -3.36 National currency | 10 |
| 2020s | -1,338 National currency | -2,331 National currency | -726.52 National currency | 6 |
Countries ranked near Latvia
- 1 Estonia -825 National currency compare
- 1 Croatia -2,796 National currency compare
- 1 Russian Federation 4.01 million National currency compare
- 2 Norway 581,238 National currency compare
- 3 Denmark 90,924 National currency compare
- 3 Lithuania -1,536 National currency compare
- 4 Slovenia -1,786 National currency compare
- 4 Ireland 11,484 National currency compare
- 5 Netherlands -18,895 National currency compare
- 5 Switzerland 4,520 National currency compare
More public sector data for Latvia
- Government budget allocations for R&D — Government Allocations for R&D 245.5 US dollars, PPP converted (2024)
- Annual government non-financial accounts and key indicators (Revenue) 847.43 National currency (2025)
- Annual government non-financial accounts and key indicators 2,712 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 18,739 National currency (2025)
- Annual government non-financial accounts and key indicators 5,642 National currency (2025)
- NAAG Chapter 6: Government — Compensation of employees by general 13.1 Percentage of GDP (2025)
- Annual government expenditure by function (COFOG) — Gross fixed 2,561 National currency (2024)
- Annual government expenditure by function (COFOG) — Gross capital 2,714 National currency (2024)
- Annual government expenditure by function (COFOG) — Compensation of 5,333 National currency (2024)
- NAAG Chapter 6A: Government expenditure by function — Expenditure by 45.31 Percentage of GDP (2024)
Frequently asked questions
- What is annual government non-financial accounts and key indicators in Latvia?
- Annual government non-financial accounts and key indicators in Latvia was -1,093 National currency in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government non-financial accounts and key indicators recorded in Latvia?
- The highest recorded value was 76.25 National currency in 1997.
- What is the lowest annual government non-financial accounts and key indicators recorded in Latvia?
- The lowest recorded value was -2,331 National currency in 2021.
- How does Latvia rank for annual government non-financial accounts and key indicators?
- Latvia ranks 2nd out of 9 countries with data for 2025.
- Is annual government non-financial accounts and key indicators rising or falling in Latvia?
- Over the last ten years it is down 202.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government non-financial accounts and key indicators (Balancing items) — Net lending (+) / net borrowing (-). Statizoid updates them automatically from the source API.
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About this data
This table presents the full sequence of non-financial accounts for the General Government sector and its sub-sectors from the production account to the capital account. It shows the balancing items and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenue)’ and ‘Annual government non-financial accounts and key indicators (Expenditure)’. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. It is also possible to select the government sub-sectors – central, local and state (regional) government and social security funds – using the ‘Institutional sector’ filter.These indicators were presented in the previous dissemination system in the SNA_TABLE12 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org