General government net debt in % of GDP

34.5 (%) in 2021

In 2021, general government net debt (% of GDP) for Latvia was 34.5 %. Though Latvia general government net debt (% of GDP) fluctuated substantially in recent years, it tended to increase through 2002 - 2021 period ending at 34.5 % in 2021.

The description is composed by our digital data assistant.

Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable.

Date Value Change, %
2021 34.5 3.12%
2020 33.4 18.37%
2019 28.2 -1.79%
2018 28.8 -5.73%
2017 30.5 -2.25%
2016 31.2 -0.51%
2015 31.4 3.59%
2014 30.3 -0.95%
2013 30.6 -0.33%
2012 30.7 -5.68%
2011 32.5 13.09%
2010 28.7