Overall primary balance, Transactions in Latvia
Latvia: Overall primary balance, Transactions was 812.99 million in 2024. ◆ Volatile
Overall primary balance, Transactions in Latvia, 1999–2024
Source: International Monetary Fund.
Analysis
Latvia recorded 812.99 million for overall primary balance, transactions in 2024. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 881.6% on the previous year and up 721.9% over ten years.
Over the whole period, overall primary balance, transactions in Latvia peaked at 812.99 million in 2024 and was at its lowest, -1.75 billion, in 2021.
That places Latvia 20th out of 35 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Overall primary balance, Transactions in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | -381.39 million | — |
| 2000 | -290.78 million | -23.8% |
| 2001 | -245.24 million | -15.7% |
| 2002 | -287.34 million | +17.2% |
| 2003 | -78.45 million | -72.7% |
| 2004 | 59.62 million | -176.0% |
| 2005 | 78.91 million | +32.4% |
| 2006 | 355.62 million | +350.7% |
| 2007 | 720.09 million | +102.5% |
| 2008 | -430.42 million | -159.8% |
| 2009 | -1.40 billion | +226.0% |
| 2010 | -1.12 billion | -19.9% |
| 2011 | -246.32 million | -78.1% |
| 2012 | 342.18 million | -238.9% |
| 2013 | 239.90 million | -29.9% |
| 2014 | 98.91 million | -58.8% |
| 2015 | 205.22 million | +107.5% |
| 2016 | 267.03 million | +30.1% |
| 2017 | 460.98 million | +72.6% |
| 2018 | 537.39 million | +16.6% |
| 2019 | 588.18 million | +9.5% |
| 2020 | -581.65 million | -198.9% |
| 2021 | -1.75 billion | +200.1% |
| 2022 | -1.03 billion | -40.9% |
| 2023 | 82.82 million | -108.0% |
| 2024 | 812.99 million | +881.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -381.39 million | -381.39 million | -381.39 million | 1 |
| 2000s | -152.10 million | -1.40 billion | 720.09 million | 10 |
| 2010s | 136.90 million | -1.12 billion | 588.18 million | 10 |
| 2020s | -492.58 million | -1.75 billion | 812.99 million | 5 |
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 overall primary balance, transactions in Latvia?
- Overall primary balance, transactions in Latvia was 812.99 million in 2024, according to International Monetary Fund.
- What is the highest overall primary balance, transactions recorded in Latvia?
- The highest recorded value was 812.99 million in 2024.
- What is the lowest overall primary balance, transactions recorded in Latvia?
- The lowest recorded value was -1.75 billion in 2021.
- How does Latvia rank for overall primary balance, transactions?
- Latvia ranks 20th out of 35 countries with data for 2024.
- Is overall primary balance, transactions rising or falling in Latvia?
- Over the last ten years it is up 721.9%. 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 Overall primary balance, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
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About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.