Bulgaria vs Latvia: Net incurrence of liabilities, Transactions

Bulgaria
11.24 billion
in 2025
Latvia
1.64 billion
in 2024
Bulgaria rank
21st
Latvia rank
24th

Net incurrence of liabilities, Transactions over time

  • Bulgaria
  • Latvia
05.0B10.0B199920122025

How they compare

Bulgaria currently reports 11.24 billion against 1.64 billion in Latvia, a difference of 9.61 billion.

That makes Bulgaria's figure about 6.9 times Latvia's.

The two have swapped places 7 times across 26 shared years of data; in 1999 it was Latvia ahead.

Bulgaria ranks 21st and Latvia ranks 24th of 33 countries.

Across the 4 decades both report, Bulgaria averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Bulgaria Latvia Difference Ahead
1990s 164.52 million 261.79 million 97.27 million Latvia
2000s 5.55 million 729.12 million 723.56 million Latvia
2010s 869.13 million 435.26 million 433.87 million Bulgaria
2020s 3.62 billion 1.90 billion 1.72 billion Bulgaria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, transactions, Bulgaria or Latvia?
Bulgaria, at 11.24 billion against 1.64 billion in Latvia as of 2025.
What is the difference in net incurrence of liabilities, transactions between Bulgaria and Latvia?
9.61 billion, with Bulgaria ahead.
How many years of comparable data are there for Bulgaria and Latvia?
26 years are reported by both, from 1999 to 2024.
How do Bulgaria and Latvia rank globally for net incurrence of liabilities, transactions?
Bulgaria ranks 21st and Latvia ranks 24th of 33 countries.
Where does this data come from?
International Monetary Fund, published as Net incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bulgaria vs Latvia: Net incurrence of liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 03 September 2026, from https://debt.statizoid.com/compare/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/bulgaria/latvia/

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About this data

Indicator
Net incurrence of liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.