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Government Expense / Latvia
Public Finance

Latvia Government Expense

Latvia government expense data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 34.2 percent of.
COUNTRY: Latvia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: live
UPDATED: 2026-06-07 11:21:52
Economy Data Rating
Latvia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
A
81 / 100
Strong stability
Fiscal stability 23 / 25
Macroeconomic stability 16.7 / 20
External stability 14.1 / 15
Financial robustness 10.5 / 15
Structural stability 8 / 10
Future capacity 7.4 / 10
Demographic capacity 1.6 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 90% of weighted inputs available.
Time range: 1994–2023 1994– 2023
1994 2023
Selected year: 2023 · Value: n/a 2023

Latvia · government expense as a percentage of gdp.

1994–2023
34.2 percent of GDP
36.35 percent of GDP
33.23 percent of GDP
26 selected year
max 8 6 4 2 0
1994 2000 2006 2012 2018 2023
government expense rate reference line

Countries by government expense

full ranking
Country Rate Class
Ukraine 65.56
Greece 47.3
Italy 47.28
France 47.26
Austria 46.03
Finland 44.93
Slovenia 42.87
Hungary 42.42

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
France 47.26
Germany 31.17
Italy 47.28
United States 24.9
United Kingdom 41.23

Related indicators

internal links
Government Revenue GC.REV.XGRT.GD.ZS
Government Debt GC.DOD.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
Tax Revenue GC.TAX.TOTL.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: GC.XPN.TOTL.GD.ZS

Cache: live · Updated: 2026-06-07 11:21:52

Latvia Snapshot

country profile
Population 1.87 m
GDP 43.68 bn
Debt/GDP 7.45%
Inflation 3.75%
Unemployment 6.57%
Currency n/a
Region Europe
Income group High income

Latvia Government Expense: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Government Expense for Latvia. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: latvia government expense rate, government expense data latvia, latvia government expense statistics, latvia percent of gdp, government expense as a percentage of gdp..