Expenditure, General government, Percent of GDP (9/26/2025) (Percent) in Latvia
Latvia: Expenditure, General government, Percent of GDP (9/26/2025) (Percent) was 45.34 in 2031. ▲ Rising
Expenditure, General government, Percent of GDP in Latvia, 1998–2031
Source: International Monetary Fund.
Analysis
In 2031, expenditure, general government, percent of gdp in Latvia stood at 45.34.
The figure is up 0.2% on the previous year and up 1.7% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Latvia peaked at 45.36 in 2025 and was at its lowest, 34.43, in 2003.
Latvia ranks 4th of 26 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Expenditure, General government, Percent of GDP (9/26/2025) (Percent) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 38.09 | — |
| 1999 | 40.43 | +6.1% |
| 2000 | 37.04 | -8.4% |
| 2001 | 35.02 | -5.5% |
| 2002 | 35.36 | +1.0% |
| 2003 | 34.43 | -2.6% |
| 2004 | 34.8 | +1.1% |
| 2005 | 35.81 | +2.9% |
| 2006 | 35.55 | -0.7% |
| 2007 | 34.76 | -2.2% |
| 2008 | 38.18 | +9.8% |
| 2009 | 43.59 | +14.1% |
| 2010 | 43.55 | -0.1% |
| 2011 | 41.24 | -5.3% |
| 2012 | 38.55 | -6.5% |
| 2013 | 38.68 | +0.3% |
| 2014 | 39.18 | +1.3% |
| 2015 | 38.7 | -1.2% |
| 2016 | 37.41 | -3.3% |
| 2017 | 37.83 | +1.1% |
| 2018 | 39.4 | +4.1% |
| 2019 | 38.98 | -1.1% |
| 2020 | 42.64 | +9.4% |
| 2021 | 44.59 | +4.6% |
| 2022 | 43.55 | -2.3% |
| 2023 | 42.86 | -1.6% |
| 2024 | 43.96 | +2.6% |
| 2025 | 45.36 | +3.2% |
| 2026 | 44.89 | -1.0% |
| 2027 | 45.29 | +0.9% |
| 2028 | 45.03 | -0.6% |
| 2029 | 45.02 | -0.0% |
| 2030 | 45.25 | +0.5% |
| 2031 | 45.34 | +0.2% |
Latvia compared with similar countries
- Latvia's 45.34 is above the median for high income countries, which is 37.53, 1.2× the median. (13 countries reporting)
- Latvia's 45.34 is above the median for Europe & Central Asia, which is 45.34, 1.0× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 39.26 | 38.09 | 40.43 | 2 |
| 2000s | 36.46 | 34.43 | 43.59 | 10 |
| 2010s | 39.35 | 37.41 | 43.55 | 10 |
| 2020s | 44.32 | 42.64 | 45.36 | 10 |
| 2030s | 45.3 | 45.25 | 45.34 | 2 |
Countries ranked near Latvia
More public sector data for Latvia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 19.00 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)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Latvia?
- Expenditure, general government, percent of gdp in Latvia was 45.34 in 2031, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Latvia?
- The highest recorded value was 45.36 in 2025.
- What is the lowest expenditure, general government, percent of gdp recorded in Latvia?
- The lowest recorded value was 34.43 in 2003.
- How does Latvia rank for expenditure, general government, percent of gdp?
- Latvia ranks 4th out of 26 countries with data for 2031.
- Is expenditure, general government, percent of gdp rising or falling in Latvia?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.