Data / General government gross debt, national accounts / Latvia

General government gross debt, national accounts in Latvia

General government gross debt, national accounts in Latvia was 56.9% of GDP in 2025, according to the Organisation for Economic Co-operation and Development. That is down 0.3 pts from 2024. That is the 15th highest of 22 EU countries in 2025.

2025, % of GDP56.9
Change on 2024-0.3 pts
Rank15th of 22EU countries ranked
Series high60.52021
Series low11.51998

General government gross debt, national accounts in Latvia, 1995 to 2025

1020304050607019952000200520102015202020251995: 15.7 % of GDP1996: 15.4 % of GDP1997: 14.1 % of GDP1998: 11.5 % of GDP1999: 15.1 % of GDP2000: 14.8 % of GDP2001: 16.2 % of GDP2002: 16.4 % of GDP2003: 17.8 % of GDP2004: 19 % of GDP2005: 15.6 % of GDP2006: 15.8 % of GDP2007: 14 % of GDP2008: 24.8 % of GDP2009: 43.3 % of GDP2010: 54.6 % of GDP2011: 52.8 % of GDP2012: 50.7 % of GDP2013: 47.5 % of GDP2014: 52.7 % of GDP2015: 47.8 % of GDP2016: 51.6 % of GDP2017: 49.1 % of GDP2018: 48.2 % of GDP2019: 49.1 % of GDP2020: 57.1 % of GDP2021: 60.5 % of GDP2022: 54.4 % of GDP2023: 54.2 % of GDP2024: 57.2 % of GDP2025: 56.9 % of GDP
% of GDP. Source: OECD, OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). Retrieved 2026-10-12, published 2026-10-12.
All 31 values
Period% of GDP
202556.9
202457.2
202354.2
202254.4
202160.5
202057.1
201949.1
201848.2
201749.1
201651.6
201547.8
201452.7
201347.5
201250.7
201152.8
201054.6
200943.3
200824.8
200714
200615.8
200515.6
200419
200317.8
200216.4
200116.2
200014.8
199915.1
199811.5
199714.1
199615.4
199515.7

Rankings

Definition

Gross debt of general government (central, state and local government and social security funds) as a percentage of GDP, under the System of National Accounts: all liabilities that are debt instruments, including loans, debt securities, currency and deposits, insurance and pension entitlements and other accounts payable.

Not the Maastricht debt in government_debt: this measure also counts pension entitlements and accounts payable, and some countries value securities at market prices, so it is usually higher. Use it to compare OECD countries with each other.

How to cite

OECD. OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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Questions

What is the general government gross debt, national accounts in Latvia?

General government gross debt, national accounts in Latvia was 56.9% of GDP in 2025, according to the Organisation for Economic Co-operation and Development. That is down 0.3 pts from 2024. That is the 15th highest of 22 EU countries in 2025.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). Retrieved by Invokely on 2026-10-12.

What was the highest general government gross debt, national accounts in Latvia?

60.5% of GDP in 2021, the highest value since 1995 in this series.

General government gross debt, national accounts elsewhere in European Union (27)

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