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Latvia Fiscal Balance
-4% GDPas of 2025
Latvia's fiscal balance stands at -4% GDP as of 2025. The indicator has decreased from -1.7% in 2014 to -4% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -1.7% GDP | — |
| 2015 | -1.6% GDP | +0.1pp |
| 2016 | -0.4% GDP | +1.2pp |
| 2017 | -0.9% GDP | -0.5pp |
| 2018 | -0.8% GDP | +0.1pp |
| 2019 | -0.4% GDP | +0.4pp |
| 2020 | -3.8% GDP | -3.4pp |
| 2021 | -5.7% GDP | -1.9pp |
| 2022 | -3.9% GDP | +1.8pp |
| 2023 | -3.4% GDP | +0.5pp |
| 2024 | -1.7% GDP | +1.7pp |
| 2025 | -4% GDP | -2.3pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.