Latvia Government Debt to GDP

46.9% +0.7 pt

Dec 2025 · Annual

Latvia's government debt-to-GDP ratio rose to 46.9% in 2025, up from 46.2% in 2024. The current level remains below the all-time high of 48.2% recorded in 2010. The series, dating back to 1998, has ranged from a low of 9.0% in 2007 to the 2010 peak.

Latvia Government Debt to GDP, 1998–2025
ActualPreviousHighestLowestDatesFrequency
46.9%46.2%48.2%Dec 20109.0%Dec 20071998 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-4.0%-1.7%0.6%-7.1%Dec 2025Annual
Interest Rate2.3%2.3%4.8%0.0%Aug 2026Monthly

About this series

Government Debt to GDP in Latvia averaged 31.6% from 1998 until 2025, reaching an all-time high of 48.2% in Dec 2010 and a record low of 9.0% in Dec 2007. The series is reported yearly with history from 1998.

Government debt as a percentage of GDP measures the country's total outstanding debt obligations relative to the size of its economy. The indicator is reported annually in units of percent. The series for Latvia spans from 1998 to 2025.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Latvia Government Debt to GDP FAQ