Latvia recorded a Government Debt to GDP of 46.90 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Latvia averaged 29.43 percent of GDP from 1995 until 2025, 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 47.50 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 48.10 percent of GDP in 2027 and 49.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 10.00 10.00 persons Mar 2026
Government Budget -2.50 -1.80 percent of GDP Dec 2025
Government Debt to GDP 46.90 46.20 percent of GDP Dec 2025
Government Spending to GDP 46.10 45.30 percent of GDP Dec 2025


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
46.90 46.20 48.60 8.90 1995 - 2025 percent of GDP Yearly