24Peaks / Europe / Latvia / Fiscal Balance (% of GDP)

Latvia - Fiscal Balance (% of GDP) -4.05

World Bank · updated 2026-10-03 · 195 economies tracked

Latest value

-4.05 (2025)

Global rank

##137 of 195 economies

Share of global total

0.7%

Growth since 1995

1.87×

Ranking Race — Fiscal Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#32#63#94#125#156#18719901995200020052010201520202025#63#1372023 overtook Iceland2024 overtook Vietnam
LatviaTuvaluKuwaitNorwayUnited Arab Emirates

Real annual global ranks, 1990 - 2025. Latvia climbed from #63 to #137 (overtook Iceland). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

1997
Climbed 23 places in global rank auto
1998
Fell 17 places in global rank auto
1999
Fell 62 places in global rank auto
2001
Climbed 25 places in global rank auto
2007
Climbed 27 places in global rank auto
2008
Fell 70 places in global rank auto
2009
Fell 16 places in global rank auto
2011
Climbed 41 places in global rank auto

Fiscal Balance (% of GDP), 1995-2025

World Bank · % of GDP · linear scale · ranking in the race above
1995200520152025-7.13-4.5-1.860.77

Explore

Related indicators

Community estimates

No community estimates yet for Fiscal Balance (% of GDP) — be the first.

Add your estimate

Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.