Latvia recorded a Government Debt to GDP of 44.80 percent of the country's Gross Domestic Product in 2021. source: EUROSTAT

Government Debt to GDP in Latvia averaged 26.20 percent of GDP from 1995 until 2021, reaching an all time high of 47.70 percent of GDP in 2010 and a record low of 8.40 percent of GDP in 2007. This page provides - Latvia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Debt to GDP - values, historical data and charts - was last updated on May of 2022.

Government Debt to GDP in Latvia is expected to reach 47.00 percent of GDP by the end of 2022, 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 47.00 percent of GDP in 2023, according to our econometric models.

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Latvia Government Debt to GDP



Related Last Previous Unit Reference
Government Debt to GDP 44.80 43.30 percent of GDP Dec 2021
Government Budget -7.30 -4.50 percent of GDP Dec 2021
Government Spending to GDP 43.60 38.40 percent of GDP Dec 2020
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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
44.80 43.30 47.70 8.40 1995 - 2021 percent of GDP Yearly