Government debt in Latvia
Government debt in Latvia was equal to 46.2% of GDP at the end of 2025. The value for 2025 is the highest since 2011.
Latvia, 2025
46.2%
Change from 2024
+0.5percentage points
European Union, 2025
81.5%
Median of European Union (27 countries), 2025
58.9%
Position in 2025
18th of 27
Government debt in Latvia over time
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Latvia
European Union
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.
| Period | Latvia | European Union |
|---|---|---|
| 2025 | 46.2% | 81.5% |
| 2024 | 45.7% | 80.3% |
| 2023 | 44.5% | 80.3% |
| 2022 | 44.5% | 82.3% |
| 2021 | 45.9% | 86.6% |
| 2020 | 44.1% | 89.4% |
| 2019 | 37.9% | 77.4% |
| 2018 | 38.3% | 79.4% |
| 2017 | 40.3% | 81.5% |
| 2016 | 41.7% | 84.0% |
| 2015 | 38.3% | 85.0% |
| 2014 | 43.1% | 86.9% |
| 2013 | 41.8% | 86.8% |
| 2012 | 44.0% | 85.0% |
| 2011 | 46.6% | 81.7% |
| 2010 | 48.6% | 80.4% |
| 2009 | 38.0% | 75.7% |
| 2008 | 19.5% | 65.1% |
| 2007 | 8.9% | 62.4% |
| 2006 | 10.6% | 65.0% |
| 2005 | 12.4% | 67.2% |
| 2004 | 15.2% | 67.1% |
| 2003 | 14.8% | 66.8% |
| 2002 | 13.4% | 65.6% |
| 2001 | 14.1% | 65.8% |
A dash means no value was published for that period.
In short
- That is a change of +0.5 percentage points from 45.7% in 2024.
- Since 2015, when it was 38.3%, the figure has changed by +7.9 percentage points.
- Among the 27 countries with data for 2025, Latvia has the 18th highest value.
- The figure for the European Union in 2025 was 81.5%.
More for Latvia
All statistics for Latvia
Government deficit or surplus
-2.5%
2025 · Eurostat
Government spending
45.3%
2025 · Eurostat
Tax-to-GDP ratio
34.2%
2025 · Eurostat
Government spending on health
5.4%
2024 · Eurostat
Government spending on education
6.1%
2024 · Eurostat
Government spending on social protection
14.1%
2024 · Eurostat