Latvia recorded a government debt equivalent to 36.90 percent of the country's Gross Domestic Product in 2019.
Government Debt to GDP in Latvia averaged 24.83 percent from 1995 until 2019, reaching an all time high of 48.10 percent in 2010 and a record low of 8.50 percent in 2007. This page provides - Latvia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Debt to GDP - values, historical data and charts - was last updated on August of 2020.
Government Debt to GDP in Latvia is expected to reach 42.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Government Debt to GDP is projected to trend around 45.00 percent in 2021 and 47.00 percent in 2022, according to our econometric models.