Latvia’s total outstanding tax debts reached 811.701 million euros at the beginning of October 2026, including current debts, suspended debts and extended payment deadlines. This represents an increase of 0.3% compared with the previous month but a decrease of 0.5% since the beginning of the year, according to data from the State Revenue Service (VID).
As of the 1st of October, 2026, debts owed to the central government budget amounted to 340.071 million euros, up 1.3% from the previous month.
Outstanding debts to municipal budgets totalled 296.645 million euros, representing a monthly decrease of 1%, while unpaid social insurance contributions reached 174.985 million euros, an increase of 0.5%.
Current tax debts subject to late-payment interest accounted for 63.5% of the total outstanding amount, or 515.266 million euros, as of the 1st of October.
VID data also show that 2.268 million euros in tax debts had been classified as uncollectible. These debts relate to companies undergoing liquidation before the completion of their liquidation proceedings.
Meanwhile,
debts amounting to 512.998 million euros were legally classified as subject to collection at the beginning of October.
However, only 205.912 million euros of this amount was considered realistically recoverable, while 307.086 million euros was classified as effectively unrecoverable.
Of the debts deemed realistically unrecoverable, 306.24 million euros involved debtors who had no available funds or assets that could be seized to recover the outstanding amounts.
The remaining 846,200 euros could no longer be recovered because the statutory limitation period for debt collection had expired.
Extended payment deadlines had been granted for tax debts totalling 68.812 million euros as of the 1st of October, representing an increase of 4.1% compared with the beginning of the year.
Meanwhile, suspended tax debts, for which the calculation of late-payment interest had been halted, amounted to 227.623 million euros at the beginning of October.
These debts were owed by companies that had been declared insolvent.
For comparison, Latvia’s total outstanding tax debts stood at 815.729 million euros on the 1st of January, 2026.