Latvia Government Debt to GDP

Latvia recorded a government debt equivalent to 40.10 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Latvia averaged 23.49 percent from 1995 until 2017, reaching an all time high of 47.40 percent in 2010 and a record low of 8.40 percent in 2007.

Government Debt to GDP in Latvia is expected to be 37.60 percent by the end of this quarter, 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 37.00 percent in 2020, according to our econometric models.

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Latvia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	40.10	40.50	47.40	8.40	percent	[+]
Government Budget	-0.50	0.10	1.40	-9.10	percent of GDP	[+]
Government Budget Value	-171240265.00	-18040630.00	265296344.00	-250375920.00	EUR Million	[+]
Government Spending	920083.00	1062403.00	1173167.00	604350.00	EUR Thousand	[+]
Government Spending to GDP	38.00	37.10	45.50	24.70	percent	[+]
Government Revenues	980917.00	846658.00	1230009.00	228388.00	EUR Thousand	[+]
Government Debt	10385.80	9766.10	10782.30	811.70	EUR Million	[+]
Fiscal Expenditure	1157607.00	879214.00	1302285.00	226009.00	EUR Thousand	[+]
Military Expenditure	491.61	406.86	495.51	69.50	USD Million	[+]
Credit Rating	69.35					[+]
Asylum Applications	10.00	10.00	70.00	0.00	persons	[+]

Latvia Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Latvia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	40.10	40.50	47.40	8.40	1995 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	131.80	Dec/17	132	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	85.30	Dec/17	82.6	85.3 : 21.7	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	64.10	Dec/17	68.2	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Indonesia	28.70	Dec/17	27.9	87.43 : 22.96	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	12.60	Dec/17	12.9	92.1 : 7.4	%