Cyclically adjusted primary balance, General government, Percent of in Latvia
Latvia: Cyclically adjusted primary balance, General government, Percent of was -2.73 in 2030. ◆ Volatile
Cyclically adjusted primary balance, General government, Percent of in Latvia, 2003–2030
Source: International Monetary Fund.
Analysis
The most recent figure for cyclically adjusted primary balance, general government, percent of in Latvia is -2.73, measured in 2030.
The figure is down 6.4% on the previous year and down 55.9% over ten years.
Over the whole period, cyclically adjusted primary balance, general government, percent of in Latvia peaked at 1.18 in 2012 and was at its lowest, -12.08, in 2008.
Latvia ranks 76th of 86 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted primary balance, General government, Percent of in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | -3.4 | — |
| 2004 | -2.96 | -13.2% |
| 2005 | -4.16 | +40.8% |
| 2006 | -5.6 | +34.5% |
| 2007 | -5.68 | +1.4% |
| 2008 | -12.08 | +112.8% |
| 2009 | -6.1 | -49.5% |
| 2010 | -5.82 | -4.5% |
| 2011 | -1.64 | -71.8% |
| 2012 | 1.18 | -171.7% |
| 2013 | 0.0639 | -94.6% |
| 2014 | -0.1417 | -321.7% |
| 2015 | 0.0091 | -106.4% |
| 2016 | 0.1172 | +1192.9% |
| 2017 | -0.999 | -952.1% |
| 2018 | -1.6 | +60.1% |
| 2019 | -0.5049 | -68.4% |
| 2020 | -1.75 | +247.4% |
| 2021 | -5.66 | +222.6% |
| 2022 | -4.04 | -28.6% |
| 2023 | -3.81 | -5.8% |
| 2024 | -0.8686 | -77.2% |
| 2025 | -2.02 | +132.7% |
| 2026 | -1.46 | -28.0% |
| 2027 | -2.63 | +80.5% |
| 2028 | -2.3 | -12.3% |
| 2029 | -2.57 | +11.5% |
| 2030 | -2.73 | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.71 | -12.08 | -2.96 | 7 |
| 2010s | -0.9341 | -5.82 | 1.18 | 10 |
| 2020s | -2.71 | -5.66 | -0.8686 | 10 |
| 2030s | -2.73 | -2.73 | -2.73 | 1 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 763.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is cyclically adjusted primary balance, general government, percent of in Latvia?
- Cyclically adjusted primary balance, general government, percent of in Latvia was -2.73 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted primary balance, general government, percent of recorded in Latvia?
- The highest recorded value was 1.18 in 2012.
- What is the lowest cyclically adjusted primary balance, general government, percent of recorded in Latvia?
- The lowest recorded value was -12.08 in 2008.
- How does Latvia rank for cyclically adjusted primary balance, general government, percent of?
- Latvia ranks 76th out of 86 countries with data for 2030.
- Is cyclically adjusted primary balance, general government, percent of rising or falling in Latvia?
- Over the last ten years it is down 55.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted primary balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Fiscal Monitor (FM) 2025 October