24Peaks / Europe / Latvia / Government Net Lending and Borrowing (% of GDP)

Latvia - Government Net Lending and Borrowing (% of GDP) -1.96

World Bank WDI · updated 2026-10-15 · 158 economies tracked

Latest value

-1.96 (2024)

Global rank

##43 of 158 economies

Share of global total

1.1%

Growth since 1994

1.59×

Ranking Race — Government Net Lending and Borrowing (% of GDP)

1 = global #1 · higher value ranks higher

#1#23#45#67#89#111#1331972198219922002201220222024#27#432023 overtook South Korea2024 overtook Finland
LatviaNauruNorwayLesothoMacao

Real annual global ranks, 1972 - 2024. Latvia climbed from #27 to #43 (overtook South Korea). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

1997
Climbed 30 places in global rank auto
1999
Fell 42 places in global rank auto
2001
Climbed 18 places in global rank auto
2008
Fell 40 places in global rank auto
2009
Fell 15 places in global rank auto
2011
Climbed 25 places in global rank auto
2012
Climbed 38 places in global rank auto
2015
Fell 17 places in global rank auto

Government Net Lending and Borrowing (% of GDP), 1994-2024

World Bank WDI · % of GDP · linear scale · ranking in the race above
1994200420142024-8.38-5.33-2.280.77

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