Primary net lending (+) / net borrowing (-), General government in Latvia

Latvia: Primary net lending (+) / net borrowing (-), General government was -1.50 billion in 2031. ◆ Volatile

Latest (2031)
-1.50 billion
Change on year
down 9.0%
World rank
9th
of 24 countries
All-time high
372.34 million
in 2012
All-time low
-1.59 billion
in 2021
Years of data
34
1998–2031

Primary net lending (+) / net borrowing (-), General government in Latvia, 1998–2031

-1.5B-1.0B-500.0M0500.0M1998201420311998: 1.8M1999: -173.6M2000: -105.6M2001: -80.1M2002: -144.1M2003: -79.3M2004: -31.7M2005: -64.0M2006: 3.2M2007: 208.4M2008: -676.3M2009: -1.1B2010: -906.9M2011: -356.9M2012: 372.3M2013: 201.5M2014: -46.7M2015: 62.1M2016: 208.4M2017: 75.1M2018: 60.3M2019: 146.7M2020: -861.6M2021: -1.6B2022: -1.2B2023: -1.1B2024: -328.4M2025: -1.3B2026: -964.9M2027: -1.2B2028: -1.2B2029: -1.2B2030: -1.4B2031: -1.5B

Source: International Monetary Fund.

Analysis

Latvia recorded -1.50 billion for primary net lending (+) / net borrowing (-), general government in 2031.

Compared with earlier readings it is down 9.0% on the previous year and up 5.8% over ten years.

Over the whole period, primary net lending (+) / net borrowing (-), general government in Latvia peaked at 372.34 million in 2012 and was at its lowest, -1.59 billion, in 2021.

That places Latvia 9th out of 24 countries with data for 2031, putting it in the middle of the range.

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

Primary net lending (+) / net borrowing (-), General government in Latvia, year by year

Annual values for Primary net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025) in Latvia, 1998 to 2031.
Year Value Change
1998 1.76 million
1999 -173.64 million -9954.6%
2000 -105.63 million -39.2%
2001 -80.06 million -24.2%
2002 -144.13 million +80.0%
2003 -79.33 million -45.0%
2004 -31.73 million -60.0%
2005 -64.04 million +101.8%
2006 3.22 million -105.0%
2007 208.40 million +6377.9%
2008 -676.28 million -424.5%
2009 -1.10 billion +63.3%
2010 -906.91 million -17.9%
2011 -356.87 million -60.6%
2012 372.34 million -204.3%
2013 201.48 million -45.9%
2014 -46.69 million -123.2%
2015 62.15 million -233.1%
2016 208.37 million +235.3%
2017 75.10 million -64.0%
2018 60.26 million -19.8%
2019 146.75 million +143.5%
2020 -861.59 million -687.1%
2021 -1.59 billion +84.3%
2022 -1.23 billion -22.7%
2023 -1.10 billion -10.3%
2024 -328.43 million -70.2%
2025 -1.32 billion +301.0%
2026 -964.88 million -26.7%
2027 -1.21 billion +25.5%
2028 -1.18 billion -2.4%
2029 -1.17 billion -1.1%
2030 -1.37 billion +17.4%
2031 -1.50 billion +9.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s -85.94 million -173.64 million 1.76 million 2
2000s -207.41 million -1.10 billion 208.40 million 10
2010s -18.40 million -906.91 million 372.34 million 10
2020s -1.10 billion -1.59 billion -328.43 million 10
2030s -1.43 billion -1.50 billion -1.37 billion 2

Countries ranked near Latvia

  1. 6 Spain 8.18 billion compare
  2. 7 Honduras 975.05 million compare
  3. 8 Montenegro -161.75 million compare
  4. 10 Estonia -1.60 billion compare
  5. 11 Ecuador -2.27 billion compare
  6. 12 Brunei -2.41 billion compare

See the full ranking of 24 places →

More external debt data for Latvia

All data for Latvia →

Frequently asked questions

What is primary net lending (+) / net borrowing (-), general government in Latvia?
Primary net lending (+) / net borrowing (-), general government in Latvia was -1.50 billion in 2031, according to International Monetary Fund.
What is the highest primary net lending (+) / net borrowing (-), general government recorded in Latvia?
The highest recorded value was 372.34 million in 2012.
What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Latvia?
The lowest recorded value was -1.59 billion in 2021.
How does Latvia rank for primary net lending (+) / net borrowing (-), general government?
Latvia ranks 9th out of 24 countries with data for 2031.
Is primary net lending (+) / net borrowing (-), general government rising or falling in Latvia?
Over the last ten years it is up 5.8%. 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 Primary net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.

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Primary net lending (+) / net borrowing (-), General government in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://debt.statizoid.com/stat/primary-net-lending-net-borrowing-general-government-domestic-currency-9-26-2025/latvia/

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About this data

Indicator
Primary net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
24 places, 929 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.