Australia vs Latvia: Gross debt, General government, Percent of GDP
Australia
49.12
in 2031
Latvia
53.49
in 2031
Australia rank
15th
Latvia rank
13th
Gross debt, General government, Percent of GDP over time
- Australia
- Latvia
How they compare
Latvia currently reports 53.49 against 49.12 in Australia, a difference of 4.37.
That makes Latvia's figure about 1.1 times Australia's.
The two have swapped places 5 times across 34 shared years of data; in 1998 it was Australia ahead.
Australia ranks 15th and Latvia ranks 13th of 26 countries.
Across the 5 decades both report, Australia averaged higher in 2 and Latvia in 3.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.08 | 12.32 | 10.76 | Australia |
| 2000s | 13.53 | 16.82 | 3.29 | Latvia |
| 2010s | 34.31 | 42.08 | 7.77 | Latvia |
| 2020s | 51.54 | 46.84 | 4.7 | Australia |
| 2030s | 49.4 | 52.85 | 3.45 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross debt, general government, percent of gdp, Australia or Latvia?
- Latvia, at 53.49 against 49.12 in Australia as of 2031.
- What is the difference in gross debt, general government, percent of gdp between Australia and Latvia?
- 4.37, with Latvia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 34 years are reported by both, from 1998 to 2031.
- How do Australia and Latvia rank globally for gross debt, general government, percent of gdp?
- Australia ranks 15th and Latvia ranks 13th of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross debt, General government, Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.