Public Debt in Latvia
Public debt in Latvia averaged 39.9% of GDP in the decade to 2022, strikingly below the Euro Area average of 90.9% of GDP. In 2022, Latvia's public debt was 41.0% of GDP. For more public debt information, visit our dedicated page.
Latvia Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Latvia from 2014 to 2023.
Source: Macrobond.
Latvia Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 37.9 | 44.0 | 45.9 | 44.4 | 45.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Latvian public debt projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Latvian public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Latvian public debt projections.
Want to get access to the full dataset of Latvian public debt forecasts? Send an email to info@focus-economics.com.