Latvia Government Debt Over Time (1998–2027)

Global Statistics and Country Indicators

Government Gross Debt (% of GDP)

Global rank: 100 / 186

Data table

1998	9.8%	2008	19.3%	2018	38.3%
1999	14.8%	2009	37.6%	2019	37.9%
2000	15.1%	2010	48.2%	2020	44%
2001	17.8%	2011	46.8%	2021	45.9%
2002	15.4%	2012	44.4%	2022	44.4%
2003	15.4%	2013	41.8%	2023	44.4%
2004	15.3%	2014	43.1%	2024	46.3%
2005	12.5%	2015	38.3%	2025	46.9%
2006	10.7%	2016	41.7%	2026	47%
2007	9%	2017	40.3%	2027	48.6%

Government Gross Debt (Local currency - EUR)

Data table

1998	575M	2008	4.51B	2018	10.78B
1999	905M	2009	6.96B	2019	11.21B
2000	1.01B	2010	8.54B	2020	12.87B
2001	1.3B	2011	8.95B	2021	14.81B
2002	1.25B	2012	9.36B	2022	16.04B
2003	1.41B	2013	9.17B	2023	17.58B
2004	1.63B	2014	9.82B	2024	18.8B
2005	1.64B	2015	9.09B	2025	20.17B
2006	1.74B	2016	10.22B	2026	21.52B
2007	1.94B	2017	10.49B	2027	23.63B

Government Net Debt (% of GDP)

Global rank: 49 / 87

Data table

2000	9.6%	2010	30%	2019	29.1%
2001	10.7%	2011	34.4%	2020	34.1%
2002	9.7%	2012	31.8%	2021	34.9%
2003	9.6%	2013	31.6%	2022	34.7%
2004	9.9%	2014	31.3%	2023	35.2%
2005	9.2%	2015	32.4%	2024	34.8%
2006	6.8%	2016	32.2%	2025	37.7%
2007	4.8%	2017	31.5%	2026	38.4%
2008	8.7%	2018	29.7%	2027	40.5%
2009	20.2%

Government Net Debt (Local currency - EUR)

Data table

2000	642M	2010	5.32B	2019	8.62B
2001	783M	2011	6.58B	2020	9.97B
2002	793M	2012	6.72B	2021	11.27B
2003	880M	2013	6.95B	2022	12.52B
2004	1.05B	2014	7.14B	2023	13.92B
2005	1.2B	2015	7.69B	2024	14.14B
2006	1.11B	2016	7.89B	2025	16.21B
2007	1.04B	2017	8.2B	2026	17.56B
2008	2.04B	2018	8.35B	2027	19.67B
2009	3.73B