Annual government non-financial accounts and key indicators in Latvia
Latvia: Annual government non-financial accounts and key indicators was 2,712 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
Latvia recorded 2,712 National currency for annual government non-financial accounts and key indicators in 2025. That is the highest value across all 31 years on record.
That represents a change of up 5.9% on the previous year and up 128.2% over ten years.
Over the whole period, annual government non-financial accounts and key indicators in Latvia peaked at 2,712 National currency in 2025 and was at its lowest, 82.73 National currency, in 1995.
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 | 82.73 National currency | — |
| 1996 | 116.58 National currency | +40.9% |
| 1997 | 85.11 National currency | -27.0% |
| 1998 | 95.23 National currency | +11.9% |
| 1999 | 111.21 National currency | +16.8% |
| 2000 | 122.04 National currency | +9.7% |
| 2001 | 111.79 National currency | -8.4% |
| 2002 | 132.11 National currency | +18.2% |
| 2003 | 275.37 National currency | +108.4% |
| 2004 | 406.55 National currency | +47.6% |
| 2005 | 478.81 National currency | +17.8% |
| 2006 | 855.93 National currency | +78.8% |
| 2007 | 1,358 National currency | +58.7% |
| 2008 | 1,316 National currency | -3.1% |
| 2009 | 953.25 National currency | -27.6% |
| 2010 | 880.94 National currency | -7.6% |
| 2011 | 1,068 National currency | +21.2% |
| 2012 | 1,155 National currency | +8.2% |
| 2013 | 1,064 National currency | -7.9% |
| 2014 | 1,093 National currency | +2.7% |
| 2015 | 1,188 National currency | +8.7% |
| 2016 | 903.19 National currency | -24.0% |
| 2017 | 1,247 National currency | +38.1% |
| 2018 | 1,643 National currency | +31.7% |
| 2019 | 1,517 National currency | -7.7% |
| 2020 | 1,735 National currency | +14.4% |
| 2021 | 1,817 National currency | +4.7% |
| 2022 | 1,718 National currency | -5.5% |
| 2023 | 2,231 National currency | +29.9% |
| 2024 | 2,561 National currency | +14.8% |
| 2025 | 2,712 National currency | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.17 National currency | 82.73 National currency | 116.58 National currency | 5 |
| 2000s | 600.98 National currency | 111.79 National currency | 1,358 National currency | 10 |
| 2010s | 1,176 National currency | 880.94 National currency | 1,643 National currency | 10 |
| 2020s | 2,129 National currency | 1,718 National currency | 2,712 National currency | 6 |
Countries ranked near Latvia
- 6 Hungary 3.31 million National currency compare
- 6 Slovenia 3,940 National currency compare
- 7 Lithuania 3,447 National currency compare
- 7 Chile 3.24 million National currency compare
- 8 United States of America 985,722 National currency compare
- 8 Estonia 2,785 National currency compare
- 9 Costa Rica 839,279 National currency compare
- 10 Mexico 619,738 National currency compare
- 11 Czechia 443,419 National currency compare
- 12 Sweden 383,051 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 -1,093 National currency (2025)
- Annual government non-financial accounts and key indicators (Revenue) 847.43 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 2,712 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 2,712 National currency in 2025.
- What is the lowest annual government non-financial accounts and key indicators recorded in Latvia?
- The lowest recorded value was 82.73 National currency in 1995.
- How does Latvia rank for annual government non-financial accounts and key indicators?
- Latvia ranks 9th 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 up 128.2%. 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 (Expenditure) — Gross fixed capital formation. 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 Expenditure (or Uses) side of the accounts, not including the balancing items, and is designed to be used in conjunction with the tables entitled ‘Annual government non-financial accounts and key indicators (Revenues)’ and ‘Annual government non-financial accounts and key indicators (Balancing items)’. 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