24Peaks / Europe / Latvia / Government Total Liabilities (% of GDP)

Latvia - Government Total Liabilities (% of GDP) 57.96

IMF Government Finance Statistics · updated 2026-10-03 · 78 economies tracked

Latest value

57.96 (2024)

Global rank

##29 of 78 economies

Share of global total

1.5%

Growth since 1998

5.05×

Ranking Race — Government Total Liabilities (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#5519901995200020052010201520202025#30#292022 overtook Andorra2024 overtook Thailand
LatviaUnited StatesCanadaNew ZealandTürkiye

Real annual global ranks, 1990 - 2025. Latvia climbed from #30 to #29 (overtook Andorra). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2022
Overtook Andorra in global rank auto
2024
Overtook Thailand in global rank auto

Government Total Liabilities (% of GDP), 1998-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
199820082018202411.4827.944.3160.73
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.