Latvia Government Debt to GDP

Latvia recorded a government debt equivalent to 35.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Latvia averaged 23.93 percent from 1995 until 2018, reaching an all time high of 47.30 percent in 2010 and a record low of 8 percent in 2007.

Government Debt to GDP in Latvia is expected to be 34.60 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 33.00 percent in 2020, according to our econometric models.

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Latvia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	35.90	40.00	47.30	8.00	percent	[+]
Government Budget	-1.00	-0.60	1.40	-9.50	percent of GDP	[+]
Government Budget Value	53277094.00	-95328350.00	265296344.00	-424470810.00	EUR Million	[+]
Government Spending	1179788.00	920083.00	1179788.00	604350.00	EUR Thousand	[+]
Government Spending to GDP	38.50	37.80	45.40	24.70	percent	[+]
Government Revenues	1074236.00	818464.00	1230009.00	228388.00	EUR Thousand	[+]
Government Debt	10385.80	9766.10	10782.30	811.70	EUR Million	[+]
Fiscal Expenditure	1001863.00	900273.00	1575709.00	226009.00	EUR Thousand	[+]
Military Expenditure	629.00	509.00	629.00	72.60	USD Million	[+]
Credit Rating	69.35					[+]
Asylum Applications	5.00	5.00	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 May of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	35.90	40.00	47.30	8.00	1995 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%