Latvia vs Lithuania: Net incurrence of liabilities, Transactions

Latvia
1.64 billion
in 2024
Lithuania
2.89 billion
in 2025
Latvia rank
24th
Lithuania rank
23rd

Net incurrence of liabilities, Transactions over time

  • Latvia
  • Lithuania
-2.0B02.0B4.0B6.0B199920122025

How they compare

Lithuania currently reports 2.89 billion against 1.64 billion in Latvia, a difference of 1.26 billion.

That makes Lithuania's figure about 1.8 times Latvia's.

The two have swapped places 12 times across 26 shared years of data; in 1999 it was Lithuania ahead.

Latvia ranks 24th and Lithuania ranks 23rd of 33 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Lithuania in 3.

Head to head by decade

Decade Latvia Lithuania Difference Ahead
1990s 261.79 million 463.28 million 201.49 million Lithuania
2000s 729.12 million 534.93 million 194.18 million Latvia
2010s 435.26 million 1.00 billion 566.02 million Lithuania
2020s 1.90 billion 2.63 billion 733.83 million Lithuania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, transactions, Latvia or Lithuania?
Lithuania, at 2.89 billion against 1.64 billion in Latvia as of 2025.
What is the difference in net incurrence of liabilities, transactions between Latvia and Lithuania?
1.26 billion, with Lithuania ahead.
How many years of comparable data are there for Latvia and Lithuania?
26 years are reported by both, from 1999 to 2024.
How do Latvia and Lithuania rank globally for net incurrence of liabilities, transactions?
Latvia ranks 24th and Lithuania ranks 23rd 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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Latvia vs Lithuania: Net incurrence of liabilities, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 01 September 2026, from https://debt.statizoid.com/compare/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/latvia/lithuania/

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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.