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General government gross debt and deficit (−) or surplus, percent of GDP, yearly. All figures for Latvia
| Measure | Latest | Period | EU rank | vs EU median | Among EU countries |
|---|---|---|---|---|---|
| Gross debt | 46.9 % of GDP | 2025 | 11th lowest of 27 | −12.4 pp | EU lowest 24.1 % of GDPEU highest 146.1 % of GDP |
| Deficit or surplus | −2.5 % of GDP | 2025 | 14th highest of 27 | 0.0 pp | EU lowest −7.9 % of GDPEU highest 3.4 % of GDP |
| Period | % of GDP |
|---|---|
| 2025 | 46.9 |
| 2024 | 46.2 |
| 2023 | 44.4 |
| 2022 | 44.4 |
| 2021 | 45.9 |
| 2020 | 44.0 |
| 2019 | 37.9 |
| 2018 | 38.3 |
| 2017 | 40.3 |
| 2016 | 41.7 |
| 2015 | 38.3 |
| 2014 | 43.1 |
| 2013 | 41.8 |
| 2012 | 44.0 |
| 2011 | 46.6 |
| 2010 | 48.6 |
| 2009 | 38.0 |
| 2008 | 19.5 |
| 2007 | 8.9 |
| 2006 | 10.6 |
| 2005 | 12.4 |
| 2004 | 15.2 |
| 2003 | 14.8 |
| 2002 | 13.4 |
| 2001 | 14.1 |
| 2000 | 12.4 |
| 1999 | 12.4 |
| 1998 | 9.3 |
| 1997 | 10.9 |
| 1996 | 13.6 |
| 1995 | 14.3 |
| Period | % of GDP |
|---|---|
| 2025 | −2.5 |
| 2024 | −1.8 |
| 2023 | −2.3 |
| 2022 | −4.9 |
| 2021 | −7.2 |
| 2020 | −4.1 |
| 2019 | −0.2 |
| 2018 | −1.4 |
| 2017 | −0.3 |
| 2016 | 0.0 |
| 2015 | −1.5 |
| 2014 | −1.7 |
| 2013 | −1.3 |
| 2012 | −1.5 |
| 2011 | −4.5 |
| 2010 | −8.8 |
| 2009 | −9.8 |
| 2008 | −4.5 |
| 2007 | −0.6 |
| 2006 | −0.6 |
| 2005 | −0.5 |
| 2004 | −1.2 |
| 2003 | −1.6 |
| 2002 | −2.4 |
| 2001 | −2.0 |
| 2000 | −2.8 |
| 1999 | −3.8 |
| 1998 | 0.0 |
| 1997 | 1.5 |
| 1996 | −0.4 |
| 1995 | −1.5 |
allfigures, “Gross debt, Latvia, 2025: 46.9 % of GDP”. Source: Eurostat (CC BY 4.0). https://allfigures.xyz/data/public-debt/latvia, retrieved 23 Sep 2026.