Latvia recorded a Government Debt to GDP of 45 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Latvia averaged 27.81 percent of GDP from 1995 until 2023, reaching an all time high of 47.60 percent of GDP in 2010 and a record low of 8.40 percent of GDP in 2007. source: EUROSTAT

Government Debt to GDP in Latvia is expected to reach 42.10 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Asylum Applications 55.00 75.00 persons Oct 2024
Government Budget -2.40 -4.90 percent of GDP Dec 2023
Government Debt to GDP 45.00 44.40 percent of GDP Dec 2023
Government Spending to GDP 44.00 44.20 percent of GDP Dec 2023

Latvia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
45.00 44.40 47.60 8.40 1995 - 2023 percent of GDP Yearly