Government expenditure as a share of GDP in Latvia 2005-2029
This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting 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 growth of the real gross domestic product, ratio of national debt to gross domestic product and gross domestic product in current prices.