Latvia Latvia National Debt

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NATIONAL PUBLIC DEBT Latvia 2021

Public debt went up in Latvia

In 2021 Latvia public debt was 14,809 million euros17,775 million dollars, has increased 1,9403,224 million since 2020.

This amount means that the debt in 2021 reached 44.4% of Latvia GDP, a 1.7 percentage point rise from 2020, when it was 42.7% of GDP.

If we check the tables we can see the evolution of Latvia debt. It has risen since 2011 in global debt terms, when it was 8,949 million euros 12,346 million dollars although it has fallen as a percentage of GDP, when it amounted to 45.1%.

According to the last data point published, Latvia per capita debt in 2021 was 7,895 euros9,476 dollars per inhabitant. In 2020 it was 6,798 euros 7,686 dollars, afterwards rising by 1,097 euros1,790 dollars, and if we again check 2011 we can see that then the debt per person was 4,376 euros6,038 dollars .

The position of Latvia, as compared with the rest of the world, has worsened in 2021 in terms of GDP percentage. Currently it is country number 56 in the list of debt to GDP and 140 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.

Latvia: Evolution of debt
DateDebt (M.€.)Debt (%GDP)Debt Per Capita
2021Q414,80944.40%€7,895
2021Q313,92243.20%€7,353
2021Q213,39442.90%€7,075
2021Q113,53944.80%€7,151
< Debt 2020Debt 2022 >
Latvia: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202114,80917,77544.40%€7,895$9,476
202012,86914,55142.70%€6,798$7,686
201911,20912,59236.70%€5,876$6,601
201810,78412,77937.00%€5,617$6,656
201710,49311,87938.90%€5,424$6,141
201610,22411,33740.30%€5,243$5,814
20159,08910,10337.00%€4,616$5,131
20149,81813,06141.60%€4,943$6,576
20139,17212,18940.30%€4,583$6,090
20129,36412,04542.40%€4,627$5,951
20118,94912,34645.10%€4,376$6,038
20108,53811,16347.60%€4,115$5,381
20096,9579,43237.00%€3,281$4,448
20084,5116,45018.50%€2,086$2,982
20071,9352,5148.40%€883$1,147
20061,7372,06910.00%€786$936
20051,6391,95311.90%€736$877
20041,6292,03314.60%€724$903
20031,4101,68714.10%€619$741
20021,2521,42413.00%€544$620
20011,3041,46013.80%€562$629
20001,0111,17212.10%€430$498
19999051,08712.10%€380$456
19985756859.00%€239$286
199762010.60%€256$283
199662613.20%€256$319
199556113.90%€227$301
Latvia: Evolution of debt as a percentage of GDP

Latvia: Evolution of debt in millions