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NATIONAL PUBLIC DEBT Latvia 2018

Public debt in Latvia goes down

In 2018 Latvia public debt was 10,608 million euros 12,528 million dollars, has decreased 199 320 million since 2017.

This amount means that the debt in 2018 reached 35.9% of Latvia GDP, a 4.1 percentage point fall from 2017, when it was 40% of GDP.

If we check the tables we can see the evolution of Latvia debt. It has risen since 2008 in global debt terms, when it was 4,392 million euros 6,460 million dollars and also in terms of GDP percentage, when it amounted to 18.2%.

According to the last data point published, Latvia per capita debt in 2018 was 5,485 euros6,478 dollars per inhabitant. In 2017 it was 5,587 euros 6,311 dollars, afterwards dropping by 102 euros 167dollars, and if we again check 2008 we can see that then the debt per person was 2,031 euros2,987 dollars .

The position of Latvia, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 49 in the list of debt to GDP and 131 in debt per capita, out of the 186 we publish.

In this page we show you the progression of the public debt in Latvia. You can see debt in other countries in Public debt and see all the information about Latvia in economy of Latvia.

Latvia: Evolution of debt
DateDebtDebt (%GDP)Debt Per Capita
2018Q410,60835.90%5,485€
2018Q310,67037.00%5,516€
2018Q210,38536.90%5,369€
2018Q19,76635.50%5,049€
< Debt 2017
Latvia: Evolution of debt
DateDebtDebtDebt (%GDP)Debt Per CapitaDebt Per Capita
201810,60812,52835.90%5,485€6,478$
201710,80712,20840.00%5,587€6,311$
201610,09211,17040.30%5,175€5,728$
20158,9539,93436.80%4,547€5,045$
20149,66912,84540.90%4,868€6,467$
20138,98411,93239.40%4,489€5,962$
20129,17811,79241.60%4,535€5,827$
20118,79612,24443.10%4,301€5,988$
20108,41411,15547.30%4,056€5,377$
20096,7689,44036.30%3,192€4,452$
20084,3926,46018.20%2,031€2,987$
20071,8352,5148.00%837€1,147$
20061,6482,0699.60%746€937$
20051,5671,94911.40%703€875$
20041,5621,94314.00%694€863$
20031,3711,55013.70%602€681$
20021,2521,18313.00%544€515$
20011,3041,16813.80%562€503$
20001,01193412.10%430€397$
199990596412.10%380€405$
19985756859.00%239€286$
199762010.60%256€283$
199662613.30%256€322$
199556113.90%227€301$
Latvia: Evolution of debt as a percentage of GDP

Latvia: Evolution of debt in millions