Government expenditure as a share of GDP in Latvia 2003-2027
The ratio of government expenditure to gross domestic product of Latvia was forecast to continuously decrease between 2022 and 2027 by in total 6.3 percentage points. The ratio is estimated to amount to 35.4 percent in 2027.
Depicted here is the general government expenditure as a share of the national gross domestic product. According to 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 growth of the real gross domestic product, ratio of national debt to gross domestic product and gross domestic product in current prices.
Depicted here is the general government expenditure as a share of the national gross domestic product. According to 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 growth of the real gross domestic product, ratio of national debt to gross domestic product and gross domestic product in current prices.
