Net lending (+) / net borrowing (-), Transactions in Latvia

Latvia: Net lending (+) / net borrowing (-), Transactions was -731.89 million in 2024. β—† Volatile

Latest (2024)
-731.89 million
Change on year
up 21.7%
World rank
8th
of 35 countries
All-time high
-3.36 million
in 2016
All-time low
-2.33 billion
in 2021
Years of data
26
1999–2024

Net lending (+) / net borrowing (-), Transactions in Latvia, 1999–2024

-2.5B-2.0B-1.5B-1.0B-500.0M01999201120241999: -234.1M2000: -187.1M2001: -145.3M2002: -195.0M2003: -149.8M2004: -131.6M2005: -65.5M2006: -91.2M2007: -127.9M2008: -1.0B2009: -1.8B2010: -1.6B2011: -854.5M2012: -308.2M2013: -276.3M2014: -387.7M2015: -361.3M2016: -3.4M2017: -77.6M2018: -381.8M2019: -45.9M2020: -1.2B2021: -2.3B2022: -1.8B2023: -934.3M2024: -731.9M

Source: International Monetary Fund.

Analysis

Latvia recorded -731.89 million for net lending (+) / net borrowing (-), transactions in 2024.

The figure is up 21.7% on the previous year and down 88.8% over ten years.

Over the whole period, net lending (+) / net borrowing (-), transactions in Latvia peaked at -3.36 million in 2016 and was at its lowest, -2.33 billion, in 2021.

That places Latvia 8th out of 35 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -234.11 million -234.11 million -234.11 million 1
2000s -395.15 million -1.81 billion -65.53 million 10
2010s -425.50 million -1.56 billion -3.36 million 10
2020s -1.39 billion -2.33 billion -731.89 million 5

Countries ranked near Latvia

  1. 5 Portugal 2.06 billion compare
  2. 6 Cyprus 1.24 billion compare
  3. 7 Malta -545.26 million compare
  4. 9 Estonia -825.10 million compare
  5. 10 Lithuania -1.54 billion compare
  6. 11 Luxembourg -1.76 billion compare

See the full ranking of 35 places β†’

More external debt data for Latvia

All data for Latvia β†’

Frequently asked questions

What is net lending (+) / net borrowing (-), transactions in Latvia?
Net lending (+) / net borrowing (-), transactions in Latvia was -731.89 million in 2024, according to International Monetary Fund.
What is the highest net lending (+) / net borrowing (-), transactions recorded in Latvia?
The highest recorded value was -3.36 million in 2016.
What is the lowest net lending (+) / net borrowing (-), transactions recorded in Latvia?
The lowest recorded value was -2.33 billion in 2021.
How does Latvia rank for net lending (+) / net borrowing (-), transactions?
Latvia ranks 8th out of 35 countries with data for 2024.
Is net lending (+) / net borrowing (-), transactions rising or falling in Latvia?
Over the last ten years it is down 88.8%. 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 Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net lending (+) / net borrowing (-), Transactions in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://debt.statizoid.com/stat/net-lending-net-borrowing-transactions-statement-of-operations-general-government/latvia/

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About this data

Indicator
Net lending (+) / net borrowing (-), Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 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.