Debt rising, deficit growing – latest data on Latvia’s public finances

According to the latest data published by the Central Statistical Bureau, Latvia’s general government budget recorded a deficit of 1.093 billion dollars last year, calculated in accordance with the European System of Accounts (ESA 2010) methodology, which corresponds to 2.5% of gross domestic product (GDP). Compared to 2024, the general government budget deficit increased by […]

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Demographic crisis deepens in Latvia: deaths significantly exceed births

In the first two months of this year, 1,761 newborns were registered in Latvia, which is 0.6% (or 10 births) fewer than in the same period of 2025, according to provisional data published by the Central Statistical Bureau of Latvia. Of the newborns registered in the first two months of 2026, 875 were boys, which […]

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Inflation slows in Latvia, but food, heating and healthcare costs continue to rise

Consumer prices in Latvia increased by 0.2% in February compared with January, while annual inflation fell to 2.3%, down from 2.9% a month earlier, according to data released by the Central Statistical Bureau of Latvia. At the same time, the average consumer price level over the past 12 months rose by 3.6% compared with the […]

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