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Latvia - Government Debt to GDP 2022

Name: Latvia Government Debt to GDP 2022
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government gross debt as % of GDP · IMF WEO

44.43% −1.45% from 2021 Global rank: 66th

Latvia's government debt to gdp was 44.43% in 2022, decreased +1.45% from 45.87% in 2021. This was the 66th highest globally.

Global Ranking - 2022▾

Government Debt to GDP by Country - 2022
Rank	Country	Value	YoY
1st	Liechtenstein	0.52%	13.4%
2nd	Brunei Darussalam	2.06%	-18.2%
3rd	Kuwait	2.95%	-59.0%
4th	Hong Kong SAR, China	4.28%	120.6%
5th	Tuvalu	6.33%	-44.0%
6th	Turkmenistan	7.14%	-41.9%
7th	Timor-Leste	7.90%	21.0%
8th	Afghanistan	10.75%	-3.6%
9th	Micronesia, Federated States of	15.07%	-11.1%
10th	Solomon Islands	15.51%	-2.7%
11th	Kiribati	16.32%	-5.9%
12th	Puerto Rico (US)	16.69%	-65.9%
13th	Azerbaijan	17.32%	-34.3%
14th	Russian Federation	18.48%	11.8%
15th	Estonia	19.19%	4.2%
16th	Marshall Islands	19.81%	-1.2%
17th	Botswana	20.99%	-5.8%
18th	Saudi Arabia	21.31%	-16.3%
19th	Nauru	22.38%	9.1%
20th	Bulgaria	22.48%	-5.7%
21st	Kazakhstan	23.52%	-6.3%
22nd	Congo, Democratic Republic of	23.78%	-5.9%
23rd	Guyana	24.83%	-45.7%
24th	Luxembourg	24.90%	3.0%
25th	Cambodia	25.52%	-1.6%
26th	Comoros	28.18%	7.2%
27th	Guatemala	28.98%	-5.2%
28th	Haiti	29.51%	2.2%
29th	Equatorial Guinea	29.76%	-29.6%
30th	Nigeria	29.84%	12.1%
31st	Türkiye	30.17%	-23.5%
32nd	Uzbekistan	30.53%	-3.8%
33rd	Bosnia and Herzegovina	31.22%	-12.7%
34th	United Arab Emirates	31.51%	-11.6%
35th	Tajikistan	31.79%	-24.3%
36th	Chad	32.09%	-22.8%
37th	Peru	33.48%	-5.8%
38th	Sweden	33.91%	-8.4%
39th	Denmark	34.23%	-15.9%
40th	Iran, Islamic Republic of	34.45%	-13.7%
41st	Viet Nam	34.92%	-11.0%
42nd	Moldova	35.04%	4.2%
43rd	Norway	36.06%	-13.3%
44th	Switzerland	37.19%	-9.2%
45th	South Sudan	37.30%	-25.7%
46th	Bangladesh	37.86%	6.3%
47th	Guinea	37.90%	-6.6%
48th	Chile	37.91%	4.0%
49th	Lithuania	38.06%	-12.1%
50th	Djibouti	38.30%	-4.9%
51st	Andorra	38.91%	-20.0%
52nd	Iraq	38.97%	-28.8%
53rd	Georgia	39.17%	-20.2%
54th	Eswatini	39.53%	5.5%
55th	Indonesia	40.14%	-2.4%
56th	Paraguay	40.53%	8.1%
57th	Belarus	40.84%	-0.8%
58th	Samoa	40.97%	-9.9%
59th	Oman	41.67%	-32.6%
60th	Czechia	42.52%	4.5%
61st	Qatar	42.57%	-27.1%
62nd	Nepal	42.73%	-1.3%
63rd	Vanuatu	42.75%	-11.9%
64th	Ireland	43.17%	-18.0%
65th	Tonga	43.22%	0.4%
66th	Latvia	44.43%	-3.1%
67th	Tanzania	44.85%	3.4%
68th	Cameroon	45.58%	-3.3%
69th	Nicaragua	45.92%	-5.2%
70th	Kyrgyz Republic	46.82%	-16.7%
71st	New Zealand	46.88%	-1.3%
72nd	West Bank and Gaza	47.12%	-6.1%
73rd	Algeria	48.08%	-12.8%
74th	Papua New Guinea	48.19%	-8.3%
75th	Netherlands	48.41%	-4.1%
76th	Poland	48.79%	-8.0%
77th	Armenia	49.28%	-22.6%
78th	Korea	49.80%	3.8%
79th	Madagascar	49.89%	0.9%
80th	Central African Republic	49.91%	6.3%
81st	Malta	50.13%	1.1%
82nd	Uganda	50.18%	-0.3%
83rd	Australia	50.21%	-9.6%
84th	Mali	50.34%	-2.4%
85th	North Macedonia	50.45%	-4.4%
86th	Mauritania	50.46%	-7.3%
87th	Niger	50.60%	-1.4%
88th	Serbia	50.91%	-5.1%
89th	Honduras	51.05%	1.6%
90th	Romania	51.72%	0.4%
91st	Panama	52.73%	-3.1%
92nd	Trinidad and Tobago	53.22%	-12.1%
93rd	Mexico	53.80%	-5.1%
94th	Sierra Leone	53.97%	14.7%
95th	Benin	54.19%	7.8%
96th	Liberia	54.29%	1.9%
97th	Côte d'Ivoire	56.04%	11.7%
98th	Myanmar	56.07%	-11.6%
99th	Angola	56.11%	-24.5%
100th	Ecuador	57.20%	-7.4%
101st	Philippines	57.39%	0.7%
102nd	Slovak Republic	57.70%	-4.1%
103rd	Burkina Faso	59.17%	6.6%
104th	Dominican Republic	59.58%	-5.2%
105th	Uruguay	59.93%	-6.5%
106th	Seychelles	60.01%	-15.4%
107th	St. Kitts and Nevis	60.30%	-12.7%
108th	Israel	60.32%	-10.9%
109th	Thailand	60.55%	3.8%
110th	Rwanda	60.90%	-9.4%
111th	Colombia	61.30%	-4.8%
112th	Costa Rica	62.99%	-6.9%
113th	Lesotho	64.36%	11.0%
114th	Germany	64.44%	-5.2%
115th	Mongolia	64.57%	-4.1%
116th	Albania	65.20%	-12.8%
117th	Yemen, Republic of	65.31%	-14.0%
118th	Malaysia	65.46%	-5.3%
119th	Gabon	65.59%	-10.1%
120th	Iceland	66.45%	-9.7%
121st	Zimbabwe	66.79%	67.4%
122nd	Belize	66.83%	-18.7%
123rd	Togo	67.01%	3.3%
124th	Kenya	67.80%	-0.6%
125th	Burundi	68.49%	3.0%
126th	Croatia	68.54%	-12.3%
127th	Palau	68.93%	-1.4%
128th	Namibia	69.43%	-0.2%
129th	Jamaica	70.17%	-18.7%
130th	Montenegro	70.31%	-18.4%
131st	San Marino	70.56%	-8.6%
132nd	South Africa	70.72%	2.8%
133rd	Morocco	71.37%	2.9%
134th	Slovenia	72.77%	-2.7%
135th	Hungary	73.86%	-3.1%
136th	St. Lucia	73.91%	-9.8%
137th	Finland	74.03%	1.1%
138th	China	75.45%	7.6%
139th	Malawi	75.70%	13.8%
140th	Pakistan	77.32%	3.4%
141st	Ukraine	77.72%	58.9%
142nd	Austria	78.38%	-4.9%
143rd	Grenada	79.27%	-8.5%
144th	Bolivia, Plurinational State of	80.10%	-1.6%
145th	Guinea-Bissau	80.69%	2.4%
146th	Cyprus	81.06%	-16.0%
147th	Mauritius	81.80%	-5.0%
148th	Antigua and Barbuda	82.03%	-11.8%
149th	India	82.17%	-1.6%
150th	Tunisia	82.99%	4.1%
151st	El Salvador	83.66%	-4.9%
152nd	Gambia, The	83.86%	0.9%
153rd	Brazil	83.94%	-5.6%
154th	Argentina	84.30%	4.0%
155th	Bahamas, The	84.66%	-6.6%
156th	St. Vincent and the Grenadines	86.30%	-2.3%
157th	São Tomé and Principe	86.76%	2.0%
158th	Egypt, Arab Republic of	88.53%	-1.5%
159th	Jordan	88.58%	1.1%
160th	Fiji	91.49%	5.6%
161st	Ghana	92.72%	6.7%
162nd	Congo, Republic of	93.52%	-4.3%
163rd	Aruba	97.75%	-11.7%
164th	Zambia	99.48%	-10.4%
165th	United Kingdom	99.61%	-5.2%
166th	Mozambique	100.26%	-3.9%
167th	Belgium	102.70%	-5.4%
168th	Canada	104.21%	-7.5%
169th	Dominica	104.31%	-3.9%
170th	Senegal	105.04%	6.6%
171st	Spain	109.23%	-5.5%
172nd	Portugal	111.23%	-10.2%
173rd	France	111.37%	-1.3%
174th	Maldives	111.62%	-9.6%
175th	Bahrain	111.65%	-8.7%
176th	Barbados	113.68%	-6.5%
177th	Sri Lanka	115.94%	12.9%
178th	Suriname	116.94%	1.0%
179th	United States	119.10%	-4.7%
180th	Bhutan	119.86%	-3.7%
181st	Cabo Verde	127.60%	-14.7%
182nd	Lao PDR	130.73%	40.8%
183rd	Italy	138.35%	-5.1%
184th	Singapore	154.30%	8.9%
185th	Greece	178.44%	-9.8%
186th	Sudan	186.87%	-1.5%
187th	Lebanon	244.63%	-31.7%
188th	Japan	248.25%	-2.1%

FAQ

What was Latvia's government debt to gdp in 2022?▾

Latvia's government debt to gdp in 2022 was 44.43%. This ranked 66th globally.

How did Latvia's government debt to gdp change in 2022?▾

Latvia's government debt to gdp decreased by 3.1% in 2022 compared to 2021.

Which country had the highest government debt to gdp in 2022?▾

Japan had the highest government debt to gdp in 2022 at 248.25%.

What is the government debt to gdp of Latvia in 2022?▾

The government debt to gdp of Latvia in 2022 was 44.43%. This ranked 66th globally.

How does 2022 compare to 2021 for Latvia's government debt to gdp?▾

Latvia's government debt to gdp went from 45.87% in 2021 to 44.43% in 2022, a 3.1% decrease.

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