Government expenditure as a share of GDP in Latvia 2005-2029
The ratio of government expenditure to GDP in Latvia was forecast to decrease between 2024 and 2029 by in total 0.3 percentage points. This overall decrease does not happen continuously, notably not in 2027, 2028 and 2029. The ratio is estimated to amount to 41.81 percent in 2029.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more statistics on other topics about Latvia with key insights such as the growth of the real the gross domestic product, ratio of the national debt to the gross domestic product, and the gross domestic product in current prices.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more statistics on other topics about Latvia with key insights such as the growth of the real the gross domestic product, ratio of the national debt to the gross domestic product, and the gross domestic product in current prices.
