Latvia recorded a Government Debt to GDP of 46.60 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Latvia averaged 28.86 percent of GDP from 1995 until 2024, reaching an all time high of 48.60 percent of GDP in 2010 and a record low of 8.90 percent of GDP in 2007. source: EUROSTAT

Government Debt to GDP in Latvia is expected to reach 49.10 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Debt to GDP is projected to trend around 49.90 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 145.00 135.00 persons Nov 2025
Government Budget -1.80 -2.40 percent of GDP Dec 2024
Government Debt to GDP 46.60 44.40 percent of GDP Dec 2024
Government Spending to GDP 45.60 43.40 percent of GDP Dec 2024


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
46.60 44.40 48.60 8.90 1995 - 2024 percent of GDP Yearly