Latvia — Central government deficit (% of GDP)
% of GDP · Annual · 1970–2025 · 32 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
Latvia's central government deficit reading was −3.3% of GDP in 2025. The period change from −2.8% of GDP in 2024 was −0.5 percentage points. The latest reading was below the selected 10-year average of −3.01% of GDP.
Get the full series
- Annual data, 1970–2025
- The underlying source, downloadable
Latest observations
2016–2025
| Period | Value |
|---|---|
| 2025 | -3.3 % of GDP |
| 2024 | -2.8 % of GDP |
| 2023 | -2.7 % of GDP |
| 2022 | -5.5 % of GDP |
| 2021 | -7.7 % of GDP |
5 earlier values, back to 2016
| 2020 | -4.5 % of GDP |
| 2019 | -1.7 % of GDP |
| 2018 | -1.5 % of GDP |
| 2017 | -0.3 % of GDP |
| 2016 | -0.1 % of GDP |