Public Sector in Latvia 23 indicators covering public sector for Latvia. IndicatorLatest Year10-yr change Rank Government budget allocations for R&D — Government Allocations for R&D 245.5 US dollars, PPP converted 2024 up 162.6% 12th Annual government non-financial accounts and key indicators -1,093 National currency 2025 down 202.6% 2nd Annual government non-financial accounts and key indicators (Revenue) 847.43 National currency 2025 up 147.7% 6th Annual government non-financial accounts and key indicators 2,712 National currency 2025 up 128.2% 9th Annual government non-financial accounts and key indicators (Revenue) 18,739 National currency 2025 up 105.2% 8th Annual government non-financial accounts and key indicators 5,642 National currency 2025 up 127.1% 8th NAAG Chapter 6: Government — Compensation of employees by general 13.1 Percentage of GDP 2025 up 25.4% 1st Annual government expenditure by function (COFOG) — Gross fixed 2,561 National currency 2024 up 134.3% 7th Annual government expenditure by function (COFOG) — Gross capital 2,714 National currency 2024 up 146.5% 8th Annual government expenditure by function (COFOG) — Compensation of 5,333 National currency 2024 up 129.3% 7th NAAG Chapter 6A: Government expenditure by function — Expenditure by 45.31 Percentage of GDP 2024 up 12.3% 5th Annual government non-financial accounts and key indicators (Revenue) 1.47 National currency 2025 up 15.7% 4th Annual government non-financial accounts and key indicators 482.25 National currency 2025 up 35.6% 3rd Institutional Investors' Indicators — Financial assets of pension 25.87 Percentage of GDP 2025 up 129.3% 2nd Institutional Investors' Indicators — Financial liabilities of 25.87 Percentage of GDP 2025 up 129.1% 2nd Size of public procurement - government at a glance indicators, 2025 13.79 Percentage of GDP 2024 up 8.9% 6th Bibliometric indicators, by Sustainable Development Goals (SDGs) 91.18 Scientific publications 2024 up 51.1% 12th NAAG Chapter 6: General Government — Intermediate consumption by 7.3 Percentage of GDP 2025 up 9.4% 1st NAAG Chapter 6: General Government — Other expenditure by general 4.59 Percentage of GDP 2025 down 22.8% 7th Annual government deficit/surplus, revenue, expenditure and main 7,254 Domestic currency (incl. conversion to current currency made using a fixed parit 2025 up 111.2% 7th Size of public procurement - Government at a glance indicators, 2023 12.49 Percentage of GDP 2022 down 2.4% 6th Asset-backed pensions - main database — Employee contributions 54.55 Percentage change 2024 up 103.2% 1st Asset-backed pensions - main database — Employer contributions 16.37 Percentage change 2024 up 181,978.0% 2nd