Latvia Fiscal Expenditure
Latvia · Monthly series · EC-LV-FE
Latest, September 2026
1.74B EUR
+8.9% from August 2026
Forecast
Forecast for September 2027: 1.83B EUR, with an 80% interval of 1.67B EUR to 2.00B EUR.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| October 2026 | 1.92B EUR | 1.70B EUR | 2.17B EUR |
| November 2026 | 1.87B EUR | 1.73B EUR | 2.03B EUR |
| December 2026 | 2.53B EUR | 1.93B EUR | 3.20B EUR |
| January 2027 | 1.72B EUR | 1.49B EUR | 1.99B EUR |
| February 2027 | 1.86B EUR | 1.73B EUR | 2.00B EUR |
| March 2027 | 1.88B EUR | 1.77B EUR | 2.00B EUR |
| April 2027 | 1.93B EUR | 1.75B EUR | 2.14B EUR |
| May 2027 | 1.77B EUR | 1.65B EUR | 1.89B EUR |
| June 2027 | 1.98B EUR | 1.78B EUR | 2.19B EUR |
| July 2027 | 1.87B EUR | 1.66B EUR | 2.07B EUR |
| August 2027 | 1.74B EUR | 1.62B EUR | 1.87B EUR |
| September 2027 | 1.83B EUR | 1.67B EUR | 2.00B EUR |
AI confidence
Supported evidenceThe point forecast beat the no-change baseline overall and in a majority of the evaluated tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +52%Beats the no-change baseline over 12 tests (12 tests, 12 won)
- Direction
- 90%Beats a coin flip (130 of 144 calls right in 12 tests)
- Turning points
- 75 of 95Anticipated most turns (95 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 52% lowerError ratio 0.48; 1.00 is a tie.
- Tests won
- 12 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2014-10-01 to 2026-09-0112 observations ahead per test.
- 80% band coverage
- 80%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-14 against the cached history through 2026-09-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 91% of the 119 earlier readings since October 2016.
Recent history (24 observations)
| Period | Value |
|---|---|
| September 2026 | 1.74B EUR |
| August 2026 | 1.60B EUR |
| July 2026 | 1.86B EUR |
| June 2026 | 1.89B EUR |
| May 2026 | 1.65B EUR |
| April 2026 | 1.71B EUR |
| March 2026 | 1.76B EUR |
| February 2026 | 1.71B EUR |
| January 2026 | 1.67B EUR |
| December 2025 | 2.64B EUR |
| November 2025 | 1.65B EUR |
| October 2025 | 1.80B EUR |
| September 2025 | 1.67B EUR |
| August 2025 | 1.50B EUR |
| July 2025 | 1.68B EUR |
| June 2025 | 1.76B EUR |
| May 2025 | 1.51B EUR |
| April 2025 | 1.80B EUR |
| March 2025 | 1.71B EUR |
| February 2025 | 1.64B EUR |
| January 2025 | 1.58B EUR |
| December 2024 | 2.37B EUR |
| November 2024 | 1.59B EUR |
| October 2024 | 1.71B EUR |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Latvia Fiscal Expenditure in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for Latvia
- Latvia Asylum Applications
- Latvia Balance Of Trade
- Latvia Bank Lending Rate
- Latvia Banks Balance Sheet
- Latvia Building Permits
- Latvia Business Confidence Index
- Latvia CPI Housing Utilities
- Latvia CPI Transportation
- Latvia Capacity Utilization
- Latvia Capital Flows
- Latvia Car Registrations
- Latvia Central Bank Balance Sheet