Gross debt, General government, Percent of fiscal year GDP in Latvia
Latvia: Gross debt, General government, Percent of fiscal year GDP was 34.94 in 2015. ◆ Volatile
Gross debt, General government, Percent of fiscal year GDP in Latvia, 1994–2015
Source: International Monetary Fund.
Analysis
Latvia recorded 34.94 for gross debt, general government, percent of fiscal year gdp in 2015.
Compared with earlier readings it is down 9.4% on the previous year and up 195.7% over ten years.
Over the whole period, gross debt, general government, percent of fiscal year gdp in Latvia peaked at 40.34 in 2010 and was at its lowest, 7.24, in 2007.
Latvia ranks 132nd of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross debt, General government, Percent of fiscal year GDP in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 9.59 | — |
| 1995 | 11.75 | +22.5% |
| 1996 | 10.66 | -9.3% |
| 1997 | 10.33 | -3.1% |
| 1998 | 10.01 | -3.1% |
| 1999 | 15.89 | +58.7% |
| 2000 | 15.02 | -5.5% |
| 2001 | 15.86 | +5.6% |
| 2002 | 16.52 | +4.2% |
| 2003 | 16.32 | -1.2% |
| 2004 | 16.04 | -1.7% |
| 2005 | 11.82 | -26.3% |
| 2006 | 9.18 | -22.3% |
| 2007 | 7.24 | -21.2% |
| 2008 | 16.19 | +123.6% |
| 2009 | 32.49 | +100.7% |
| 2010 | 40.34 | +24.2% |
| 2011 | 37.59 | -6.8% |
| 2012 | 36.86 | -2.0% |
| 2013 | 35.91 | -2.6% |
| 2014 | 38.59 | +7.5% |
| 2015 | 34.94 | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.37 | 9.59 | 15.89 | 6 |
| 2000s | 15.67 | 7.24 | 32.49 | 10 |
| 2010s | 37.37 | 34.94 | 40.34 | 6 |
Countries ranked near Latvia
- 129 Chinese Taipei 36.46 compare
- 130 Bolivia, Plurinational State of 36.16 compare
- 131 Madagascar 35.53 compare
- 133 Dominican Republic 34.94 compare
- 134 Philippines 34.79 compare
- 135 Namibia 34.64 compare
More external debt data for Latvia
- Net financial flows, IBRD -88.67 million NFL, current US$ (2016)
- Net financial flows, IBRD (NFL, current US$), annual growth rate -30.82 % change on previous year (2016)
- Other investment, Debt instruments 23.03 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 19.82 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 5.35 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 12,462 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.4736 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 2.35 billion (2024)
- Net lending (+) / net borrowing (-), General government, Percent of -4.32 (2030)
- Other investment, Debt instruments, Deposit taking corporations 32.86 % change on previous year (2025)
Frequently asked questions
- What is gross debt, general government, percent of fiscal year gdp in Latvia?
- Gross debt, general government, percent of fiscal year gdp in Latvia was 34.94 in 2015, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of fiscal year gdp recorded in Latvia?
- The highest recorded value was 40.34 in 2010.
- What is the lowest gross debt, general government, percent of fiscal year gdp recorded in Latvia?
- The lowest recorded value was 7.24 in 2007.
- How does Latvia rank for gross debt, general government, percent of fiscal year gdp?
- Latvia ranks 132nd out of 188 countries with data for 2015.
- Is gross debt, general government, percent of fiscal year gdp rising or falling in Latvia?
- Over the last ten years it is up 195.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of fiscal year GDP. Statizoid updates them automatically from the source API.
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About this data
The Historical Public Debt Database contains unbalanced panel data on Gross Domestic Product, Gross Government Debt, and Debt to GDP Ratio for 187 countries. The series spans the years 1800 through 2015 although each country’s data depends on its date of independence and data availability.