Eurostat: Latvia shows a small first-quarter EU-wide budget surplus | News



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Riga, July 20, LETA. In Latvia, this year in the first quarter, the average general government surplus in relation to gross domestic product (GDP) was modest among the EU member states whose budgets were in surplus, according to the latest data published on Friday by Eurostat.

According to these figures, the surplus of our national budget in January-March was 1.5% of GDP. The same budget surplus was recorded in Slovenia in Latvia.

The largest budget surplus was recorded in Malta and the Netherlands (2.5% of GDP in both countries), Bulgaria and Germany (2.4% of GDP) 7%) and Hungary (1.6%)

Austria recorded a smaller budget surplus (0.7%), Lithuania (0.6%), Finland (0.4%) and Sweden (0%). , 4%). (-4.2%), France (-2.5%), Great Britain (-1.9%), Estonia (-1.3%), Slovakia (1.1%), Denmark (-1 , 1%), Luxembourg (-1%), Poland (-0.9%), Portugal (-0.5%) and Belgium (-0.3%)

in the Member States of the EU, for which data are averaging 0.5%, while in the euro area, there was an average deficit of 0.1%.

No data is available for Greece, Croatia, Italy, Ireland, Cyprus and Spain.

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