Baltic states — Government finance (2025)
🇱🇻 Latvia
Budget balance:
– deficit: –2.5% of GDP
– €1.09 bn
Gross debt:
– 46.9% of GDP
– €20.2 bn
Revenue / Expenditure:
– revenue: €18.7 bn
– expenditure: €19.8 bn
🇪🇪 Estonia
Budget balance:
– deficit: ~–3.0% of GDP
Gross debt:
– ~19–20% of GDP
🇱🇹 Lithuania
Budget balance:
– deficit: –1.8% of GDP
– €1.54 bn
Gross debt:
– 39.5% of GDP
– €33.26 bn
Revenue / Expenditure:
– revenue: €33.2 bn
– expenditure: €34.7 bn
One-line comparison
👉 Estonia — highest deficit, lowest debt
👉 Lithuania — lowest deficit, mid-level debt
👉 Latvia — rising deficit, highest debt in Baltics