Bloomberg News

Latvian 2011 Budget Gap Was Less Than Estimated, Final Data Show

October 19, 2012

Latvia’s 2011 budget deficit was 3.4 percent of gross domestic product, less than a 3.5 percent estimate from April, final data from the central statistics office showed.

General government debt was 42.2 percent of GDP, compared with an earlier estimate of 42.6 percent, the office, based in the capital, Riga, reported on its website, citing European Union methodology.

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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