Latvia - Interest Payments to Revenue 2020
1.97%
−0.24pp from 2019
Latvia's interest payments to revenue was 1.97% in 2020, decreased +0.24pp from 2.21% in 2019. This was the 28th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | United Arab Emirates | 0.08% | 3,827.9% |
| 2nd | Timor-Leste | 0.17% | 106.4% |
| 3rd | Estonia | 0.21% | 46.8% |
| 4th | Micronesia, Federated States of | 0.38% | 29.5% |
| 5th | Marshall Islands | 0.39% | -4.5% |
| 6th | Congo, Democratic Republic of | 0.45% | -42.4% |
| 7th | Singapore | 0.50% | 19.1% |
| 8th | Solomon Islands | 0.52% | 15.0% |
| 9th | Luxembourg | 0.52% | -30.9% |
| 10th | Palau | 0.60% | 25.0% |
| 11th | Norway | 0.72% | 5.0% |
| 12th | Sweden | 0.72% | -27.9% |
| 13th | Switzerland | 0.75% | -10.8% |
| 14th | Germany | 1.05% | -27.0% |
| 15th | Denmark | 1.12% | -32.1% |
| 16th | Central African Republic | 1.32% | -51.2% |
| 17th | Uzbekistan | 1.34% | 37.8% |
| 18th | San Marino | 1.37% | 93.8% |
| 19th | Bulgaria | 1.50% | 1.4% |
| 20th | Bhutan | 1.52% | -55.9% |
| 21st | Cambodia | 1.65% | 22.4% |
| 22nd | Andorra | 1.65% | 9.7% |
| 23rd | Tonga | 1.66% | 0.7% |
| 24th | Samoa | 1.68% | -13.5% |
| 25th | Netherlands | 1.69% | -9.0% |
| 26th | Finland | 1.72% | -18.3% |
| 27th | Bosnia and Herzegovina | 1.81% | 11.1% |
| 28th | Latvia | 1.97% | -10.7% |
| 29th | Lithuania | 1.98% | -24.9% |
| 30th | Vanuatu | 2.18% | 4.1% |
| 31st | Azerbaijan | 2.21% | 26.3% |
| 32nd | Czechia | 2.27% | 9.0% |
| 33rd | Russian Federation | 2.36% | -9.8% |
| 34th | Botswana | 2.41% | 8.5% |
| 35th | St. Kitts and Nevis | 2.66% | -45.6% |
| 36th | Burundi | 2.74% | -44.9% |
| 37th | France | 2.84% | -14.8% |
| 38th | Somalia, Fed. Rep. | 2.85% | - |
| 39th | Moldova | 2.90% | 5.0% |
| 40th | Lesotho | 2.92% | -4.3% |
| 41st | New Zealand | 3.07% | -6.6% |
| 42nd | Austria | 3.08% | -2.7% |
| 43rd | Saudi Arabia | 3.13% | 37.2% |
| 44th | Nepal | 3.33% | 43.7% |
| 45th | Slovak Republic | 3.34% | -3.0% |
| 46th | European Union | 3.34% | -3.0% |
| 47th | Australia | 3.49% | -0.2% |
| 48th | Poland | 3.51% | -5.0% |
| 49th | Kyrgyz Republic | 3.65% | 18.0% |
| 50th | Malta | 3.68% | 0.7% |
| 51st | Slovenia | 3.72% | -3.0% |
| 52nd | Korea | 3.84% | 4.8% |
| 53rd | China | 3.92% | 34.9% |
| 54th | North Macedonia | 4.28% | 5.5% |
| 55th | Chile | 4.54% | 10.2% |
| 56th | Serbia | 4.55% | -5.2% |
| 57th | Belgium | 4.58% | -0.1% |
| 58th | Romania | 4.60% | 20.9% |
| 59th | Ireland | 4.73% | -12.9% |
| 60th | Thailand | 4.81% | -3.7% |
| 61st | Cyprus | 5.18% | -4.2% |
| 62nd | Belarus | 5.18% | 4.5% |
| 63rd | Canada | 5.52% | -9.4% |
| 64th | Rwanda | 5.52% | 25.3% |
| 65th | Madagascar | 5.57% | 17.3% |
| 66th | Croatia | 5.72% | -9.2% |
| 67th | Hungary | 5.93% | 3.2% |
| 68th | Georgia | 6.06% | 33.8% |
| 69th | United Kingdom | 6.13% | -9.3% |
| 70th | Israel | 6.18% | -4.1% |
| 71st | Cameroon | 6.32% | -2.1% |
| 72nd | Spain | 6.43% | -5.9% |
| 73rd | Paraguay | 6.43% | 64.0% |
| 74th | Greece | 6.56% | -2.3% |
| 75th | Nicaragua | 6.61% | 0.1% |
| 76th | Burkina Faso | 6.91% | 13.6% |
| 77th | Portugal | 7.42% | -4.2% |
| 78th | Mali | 7.56% | 28.7% |
| 79th | Eswatini | 7.68% | 67.3% |
| 80th | Peru | 8.16% | 27.1% |
| 81st | Italy | 8.42% | 1.6% |
| 82nd | Congo, Republic of | 8.51% | -29.9% |
| 83rd | Albania | 8.53% | 5.7% |
| 84th | Mongolia | 8.69% | 26.1% |
| 85th | Ukraine | 8.77% | -6.6% |
| 86th | Uruguay | 8.80% | 13.3% |
| 87th | Equatorial Guinea | 9.01% | 105.6% |
| 88th | Mauritius | 9.01% | 12.8% |
| 89th | Guinea-Bissau | 9.24% | 44.6% |
| 90th | Morocco | 9.25% | -6.8% |
| 91st | Senegal | 9.29% | 9.3% |
| 92nd | Türkiye | 9.53% | 26.5% |
| 93rd | Ecuador | 10.17% | 21.3% |
| 94th | Kazakhstan | 10.19% | 62.2% |
| 95th | Tanzania | 10.42% | -18.8% |
| 96th | Mozambique | 10.42% | 1.0% |
| 97th | Maldives | 10.58% | 58.5% |
| 98th | Honduras | 10.63% | 37.5% |
| 99th | Armenia | 10.65% | 6.8% |
| 100th | Cabo Verde | 10.87% | 18.8% |
| 101st | United States | 10.90% | -14.8% |
| 102nd | Argentina | 11.08% | -43.3% |
| 103rd | Colombia | 11.86% | 9.1% |
| 104th | Lao PDR | 11.95% | 5.6% |
| 105th | El Salvador | 12.09% | 5.7% |
| 106th | Iceland | 12.14% | -7.1% |
| 107th | Namibia | 12.57% | 7.0% |
| 108th | Philippines | 13.32% | 15.8% |
| 109th | Togo | 14.14% | 23.0% |
| 110th | Côte d'Ivoire | 14.47% | 25.2% |
| 111th | Guatemala | 15.24% | 11.3% |
| 112th | Malaysia | 15.33% | 23.1% |
| 113th | Uganda | 15.33% | 16.4% |
| 114th | Mexico | 15.45% | 9.6% |
| 115th | South Africa | 15.53% | 17.4% |
| 116th | Costa Rica | 16.46% | 16.6% |
| 117th | Bahamas, The | 16.52% | 22.0% |
| 118th | Jordan | 17.69% | 23.2% |
| 119th | Papua New Guinea | 17.86% | 16.3% |
| 120th | Fiji | 18.71% | 66.9% |
| 121st | Gabon | 19.26% | 64.3% |
| 122nd | Malawi | 20.68% | 4.4% |
| 123rd | Lebanon | 21.00% | -58.7% |
| 124th | Bangladesh | 21.09% | 10.8% |
| 125th | Panama | 21.37% | 38.6% |
| 126th | Dominican Republic | 21.87% | 24.2% |
| 127th | Jamaica | 22.43% | 10.8% |
| 128th | Kenya | 22.93% | 18.9% |
| 129th | Angola | 25.19% | 12.0% |
| 130th | Brazil | 25.49% | -6.9% |
| 131st | Bahrain | 31.94% | 43.9% |
| 132nd | Zambia | 38.79% | -12.7% |
| 133rd | Ghana | 44.61% | 20.5% |
| 134th | Sri Lanka | 71.38% | 50.4% |
FAQ
What was Latvia's interest payments to revenue in 2020?▾
Latvia's interest payments to revenue in 2020 was 1.97%. This ranked 28th globally.
How did Latvia's interest payments to revenue change in 2020?▾
Latvia's interest payments to revenue decreased by 10.7% in 2020 compared to 2019.
Which country had the highest interest payments to revenue in 2020?▾
Sri Lanka had the highest interest payments to revenue in 2020 at 71.38%.
What is the interest payments to revenue of Latvia in 2020?▾
The interest payments to revenue of Latvia in 2020 was 1.97%. This ranked 28th globally.
How does 2020 compare to 2019 for Latvia's interest payments to revenue?▾
Latvia's interest payments to revenue went from 2.21% in 2019 to 1.97% in 2020, a 10.7% decrease.
Related
2019
2021
All years
Full ranking 2020
External Debt
External Debt to GNI
Short-term Debt
Debt Service
Domestic Credit
Peak: 2011
Lowest: 2025
Interest Payments to Revenue 1990s
Interest Payments to Revenue 2000s
Interest Payments to Revenue 2010s
Interest Payments to Revenue 2020s
Highest ever
Lowest ever
Average
vs Hungary
vs Barbados
vs Uruguay
vs Croatia
European Union Interest Payments to Revenue
NATO Interest Payments to Revenue
OECD Interest Payments to Revenue
Global Ranking