Latvia Total Government Net Lending/ Borrowing (National Currency) Statistics

16, Feb 2019, EST.

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Country or Region: Latvia › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Latvia indicators, › See Total Government Net Lending/ Borrowing (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Lats
Currency Symbol: LVL

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. Source: Ministry of Finance or Treasury Latest actual data: 2015 Start/end months of reporting year: January/December GFS Manual used: NAS Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Euro Data last updated: 03/2016

Total Government Net Lending/ Borrowing (National Currency) Statistics for Latvia , Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Latvia is LVL -0.371 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Latvia was LVL -0.40 Billions Total Government Net Lending/ Borrowing (National Currency) for Latvia in 2015 was or will be 7.02% less than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Latvia was or will be LVL -0.32 Billions, which is 13.48% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Latvia, in other Years
Year Billions
  2021 -0.154
  2020 -0.133
  2019 -0.128
  2018 -0.066
  2017 -0.428
  2016 -0.321
2015 -0.371
  2014 -0.399
  2013 -0.128
  2012 0.018
  2011 -0.628
  2010 -1.162
  2009 -1.319
  2008 -0.767
  2007 0.135
  2006 -0.078
  2005 -0.139
  2004 -0.11
  2003 -0.152
  2002 -0.211
  2001 -0.148
  2000 -0.172
  1999 -0.216
  1998 -0.039
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a