Latvia Latvia National Debt

Subscribe to our free email alert service

NATIONAL PUBLIC DEBT Latvia 2022

Latvia national debt goes up

In 2022 Latvia public debt was 16,039 million euros16,806 million dollars, has increased 1,230969 million since 2021.

This amount means that the debt in 2022 reached 41.8% of Latvia GDP, a 2.6 percentage point fall from 2021, when it was 44.4% of GDP.

If we check the tables we can see the evolution of Latvia debt. It has risen since 2012 in global debt terms, when it was 9,364 million euros 12,045 million dollars although it has fallen as a percentage of GDP, when it amounted to 42.4%.

According to the last data point published, Latvia per capita debt in 2022 was 8,518 euros8,925 dollars per inhabitant. In 2021 it was 7,895 euros 9,476 dollars, afterwards rising by 623 euros551 dollars, and if we again check 2012 we can see that then the debt per person was 4,627 euros5,951 dollars .

The position of Latvia, as compared with the rest of the world, has improved in 2022 in terms of GDP percentage. Currently it is country number 54 in the list of debt to GDP and 133 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
2022Q416,03941.80%€8,518
2022Q315,18440.80%€8,095
2022Q215,25142.50%€8,131
2022Q114,69642.60%€7,834
< Debt 2021Debt 2023 >
Latvia: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
202216,03916,80641.80%€8,518$8,925
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