In 2020 Latvia public debt was 12,869 million euros14,551 million dollars, has increased 1,6601,959 million since 2019.
This amount means that the debt in 2020 reached 42.7% of Latvia GDP, a 6 percentage point rise from 2019, when it was 36.7% of GDP.
If we check the tables we can see the evolution of Latvia debt. It has risen since 2010 in global debt terms, when it was 8,538 million euros 11,163 million dollars although it has fallen as a percentage of GDP, when it amounted to 47.6%.
According to the last data point published, Latvia per capita debt in 2020 was 6,798 euros7,686 dollars per inhabitant. In 2019 it was 5,876 euros 6,601 dollars, afterwards rising by 922 euros1,085 dollars, and if we again check 2010 we can see that then the debt per person was 4,115 euros5,381 dollars .
The position of Latvia, as compared with the rest of the world, has improved in 2020 in terms of GDP percentage. Currently it is country number 47 in the list of debt to GDP and 134 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.