{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"government-expenditure-vs-gdp","source":"National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/government-expenditure-vs-gdp","title":"Government spending vs. GDP","unit":"constant 2015 US$"},"observations":[{"date":"1995-01-01","value":3720390000.0},{"date":"1996-01-01","value":3511170000.0},{"date":"1997-01-01","value":3551640000.0},{"date":"1998-01-01","value":4011450000.0},{"date":"1999-01-01","value":4040050000.0},{"date":"2000-01-01","value":3905530000.0},{"date":"2001-01-01","value":4107510000.0},{"date":"2002-01-01","value":4289960000.0},{"date":"2003-01-01","value":4479910000.0},{"date":"2004-01-01","value":4600080000.0},{"date":"2005-01-01","value":4659220000.0},{"date":"2006-01-01","value":4973570000.0},{"date":"2007-01-01","value":5170830000.0},{"date":"2008-01-01","value":5318970000.0},{"date":"2009-01-01","value":4755130000.0},{"date":"2010-01-01","value":4367290000.0},{"date":"2011-01-01","value":4443560000.0},{"date":"2012-01-01","value":4433040000.0},{"date":"2013-01-01","value":4523370000.0},{"date":"2014-01-01","value":4703030000.0},{"date":"2015-01-01","value":4788920000.0},{"date":"2016-01-01","value":4908960000.0},{"date":"2017-01-01","value":5093720000.0},{"date":"2018-01-01","value":5192780000.0},{"date":"2019-01-01","value":5484670000.0},{"date":"2020-01-01","value":5700020000.0},{"date":"2021-01-01","value":5908600000.0},{"date":"2022-01-01","value":5929330000.0},{"date":"2023-01-01","value":6075650000.0},{"date":"2024-01-01","value":6049350000.0},{"date":"2025-01-01","value":6471790000.0}],"summary":{"latest_period":"2025-01-01","latest_value":6471790000.0,"max":6471790000.0,"mean":4811920000.0,"min":3511170000.0,"of":163,"rank":85,"trend":"rising"}}