Aaron O'Neill
Research lead for society, economy, and politics: Europe & global
Get in touch with us nowRatio of national debt to GDP in Latvia 1998-2030
The ratio of national debt to gross domestic product (GDP) of Latvia was about 47.36 percent in 2024. From 1998 to 2024, the ratio rose by approximately 37.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 1.08 percentage points, showing an overall upward trend with periodic ups and downs.
The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.
