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Latvia — Combined government deficit (% of GDP)

% of GDP · Annual · 1970–2031 · 39 observations

About this series

The combined 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. WED's combined-government scope requires source metadata. This series expresses that measure as a percentage of GDP for the matching period.

For Latvia, the combined government deficit reading stood at −2.5% of GDP in 2025. Against −1.8% of GDP in 2024, the period change was −0.7 percentage points.

-10-505197020252031% of GDPSubscribe to view

Get the full series

  • Annual data, 1970–2031
  • Quarterly data, 1999–2026
  • The underlying source, downloadable

Latest observations

2022–2031

PeriodValue
2031-4.01 % of GDP
2030-3.92 % of GDP
2029-3.66 % of GDP
2028-3.73 % of GDP
2027-4.32 % of GDP
5 earlier values, back to 2022
2026-3.32 % of GDP
2025-2.5 % of GDP
2024-1.8 % of GDP
2023-2.3 % of GDP
2022-4.9 % of GDP
Data release 2026_10_06_0823, published 6 Oct 2026.