Finland vs Latvia: Gross debt, Percent of own revenue

Finland
2.86
in 2020
Latvia
2.22
in 2020
Finland rank
11th
Latvia rank
14th

Gross debt, Percent of own revenue over time

  • Finland
  • Latvia
0.511.522.53199820092020

How they compare

Finland currently reports 2.86 against 2.22 in Latvia, a difference of 0.64.

That makes Finland's figure about 1.3 times Latvia's.

The two have swapped places 2 times across 23 shared years of data; in 1998 it was Finland ahead.

Finland ranks 11th and Latvia ranks 14th of 23 countries.

Finland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Finland Latvia Difference Ahead
1990s 2.68 0.5255 2.16 Finland
2000s 1.73 0.7691 0.957 Finland
2010s 2.39 2.02 0.3722 Finland
2020s 2.86 2.22 0.6431 Finland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross debt, percent of own revenue, Finland or Latvia?
Finland, at 2.86 against 2.22 in Latvia as of 2020.
What is the difference in gross debt, percent of own revenue between Finland and Latvia?
0.64, with Finland ahead.
How many years of comparable data are there for Finland and Latvia?
23 years are reported by both, from 1998 to 2020.
How do Finland and Latvia rank globally for gross debt, percent of own revenue?
Finland ranks 11th and Latvia ranks 14th of 23 countries.
Where does this data come from?
International Monetary Fund, published as Gross debt, Percent of own revenue (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs Latvia: Gross debt, Percent of own revenue. Statizoid, drawing on International Monetary Fund. Retrieved 13 September 2026, from https://debt.statizoid.com/compare/gross-debt-percent-of-own-revenue-central-government/finland/latvia/

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About this data

Indicator
Gross debt, Percent of own revenue (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
23 places, 512 data points, 1990–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.