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EU Member State since 2004
Latvia
EU Budget 2024 — Contributions, Receipts and Net Balance
Population: 1,850,000
GNI: €43.5B
GDP: €41.8B
Last updated:
Key Definitions
- Net contributor
- A member state whose contributions to the EU budget exceed the receipts it gets back in a given year.
- Net recipient
- A member state that receives more from the EU budget than it pays in.
- Net balance
- Total receipts minus total contributions for a member state in a given year. Negative values indicate a net contributor; positive values a net recipient.
- Operating budgetary balance (OBB)
- Official EU methodology for computing each member state's net position, published yearly by DG Budget.
Latvia has been a member of the European Union since 2004. In 2024, Latvia contributed €0.3 billion to the EU budget and received €1.3 billion, resulting in a net receipt of €1.0 billion. Over the period 2000–2024, Latvia has consistently been a net beneficiary, with its net balance ranging from €0.1 B to €1.2 B and an increasing trend in recent years. Latvia's EU receipts are primarily allocated to cohesion and structural funds.
Contribution 2024
€322M
Receipts 2024
€1,328M
Net Balance 2024
+€1,006M
Per Capita
+€544
Cumulative Balance 2000–2024
+€14.6B
Net Recipient from EU budget
Total Paid In
€4.3B
Contributions to EU
→
Total Received
€18.9B
EU funds allocated
Historical Contributions vs Receipts
Annual flows 2000–2024 — million EUR
Source: European Commission — EU Spending and Revenue Data. Values in million EUR.
Historical Data — 2018 to 2024
| Year | GNI-based | VAT-based | Customs | Total Contrib. | Cohesion | CAP/Agri. | Research | Total Receipts | Net Balance |
|---|---|---|---|---|---|---|---|---|---|
| 2000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51 | +51 |
| 2007 | 0 | 0 | 37 | 168 | 0 | 0 | 0 | 675 | +507 |
| 2008 | 0 | 0 | 36 | 187 | 0 | 0 | 0 | 610 | +424 |
| 2009 | 0 | 0 | 24 | 197 | 0 | 0 | 0 | 710 | +513 |
| 2010 | 0 | 0 | 22 | 158 | 0 | 0 | 0 | 844 | +685 |
| 2011 | 0 | 0 | 30 | 160 | 0 | 0 | 0 | 911 | +751 |
| 2012 | 0 | 0 | 33 | 205 | 0 | 0 | 0 | 1,180 | +975 |
| 2013 | 0 | 0 | 28 | 248 | 0 | 0 | 0 | 1,063 | +815 |
| 2014 | 0 | 0 | 35 | 244 | 0 | 0 | 0 | 1,062 | +818 |
| 2015 | 0 | 0 | 40 | 206 | 0 | 0 | 0 | 982 | +776 |
| 2016 | 0 | 0 | 43 | 225 | 0 | 0 | 0 | 734 | +509 |
| 2017 | 0 | 0 | 43 | 184 | 0 | 0 | 0 | 737 | +552 |
| 2018 | 0 | 0 | 53 | 234 | 0 | 0 | 0 | 1,212 | +978 |
| 2019 | 0 | 0 | 51 | 246 | 0 | 0 | 0 | 1,375 | +1,128 |
| 2020 | 0 | 0 | 48 | 285 | 0 | 0 | 0 | 1,324 | +1,038 |
| 2021 | 253 | 41 | 59 | 353 | 702 | 438 | 76 | 1,244 | +891 |
| 2022 | 235 | 48 | 66 | 349 | 808 | 446 | 67 | 1,375 | +1,026 |
| 2023 | 247 | 60 | 42 | 349 | 844 | 475 | 122 | 1,499 | +1,150 |
| 2024 | 213 | 57 | 45 | 322 | 599 | 504 | 144 | 1,328 | +1,006 |
All values in million EUR. Source: EU Operating Budgetary Balances, DG Budget.
Interactive History
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Contribution
Receipts
Latvia EU Budget — Frequently Asked Questions
- Is Latvia a net contributor or net recipient to the EU budget?
- In 2024, Latvia was a net recipient from the EU budget. It paid €0.3 billion and received €1.3 billion, leaving a net receipt of €1.0 billion.
- How much did Latvia contribute to the EU budget in 2024?
- Latvia contributed €0.3 billion (€322 million) to the EU budget in 2024. Source: official EU Financial Report.
- How much did Latvia receive from the EU budget in 2024?
- Latvia received €1.3 billion (€1,328 million) from the EU budget in 2024, allocated across cohesion, agriculture and other programmes.
- What is Latvia's net balance with the EU budget?
- Latvia's net balance with the EU in 2024 was +€1.0 billion. Net balance equals total receipts minus total contributions.