In 2024 Latvia public debt was 18,800 million euros20,607 million dollars, has increased 1,2211,594 million since 2023.
This amount means that the debt in 2024 reached 46.8% of Latvia GDP, a 2.2 percentage point rise from 2023, when it was 44.6% of GDP.
If we check the tables we can see the evolution of Latvia debt. It has risen since 2014 in global debt terms, when it was 9,818 million euros 13,046 million dollars and also in terms of GDP percentage, when it amounted to 43.1%.
According to the last data point published, Latvia per capita debt in 2024 was 10,043 euros11,009 dollars per inhabitant. In 2023 it was 9,391 euros 10,157 dollars, afterwards rising by 652 euros852 dollars, and if we again check 2014 we can see that then the debt per person was 4,943 euros6,569 dollars .
The position of Latvia, as compared with the rest of the world, has worsened in 2024 in terms of GDP percentage. Currently it is country number 75 in the list of debt to GDP and 138 in debt per capita, out of the 191 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.