The Baltics Today

In 2013, general government budget deficit in Latvia dropped to 1% of GDP

General government budget deficit at the end of 2013 comprised EUR 223.8 million or 1.0% of the Gross Domestic Product (GDP), and the general government debt comprised EUR 8873.3 million or 38.1% of the GDP, according to the results of the April 2014 general government budget deficit and debt notification (1) compiled by Central Statistical Bureau (CSB), which has been elaborated in line with the methodology of European System of Accounts (ESA 95).... Read more...

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