24Peaks / Europe / Latvia / Gross Operating Balance (% of GDP)

Latvia - Gross Operating Balance (% of GDP) 4.81

IMF GFS (accrual) · updated 2026-10-03 · 102 economies tracked

Latest value

4.81 (2024)

Global rank

##21 of 102 economies

Share of global total

2.6%

Growth since 2017

1.07×

Ranking Race — Gross Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#16#31#46#61#76#91201720222025#28#212023 overtook Netherlands2024 overtook Croatia
LatviaCanadaTürkiyeNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Latvia climbed from #28 to #21 (overtook Netherlands). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2021
Fell 49 places in global rank auto
2023
Overtook Netherlands in global rank auto
2023
Climbed 22 places in global rank auto
2024
Overtook Croatia in global rank auto

Gross Operating Balance (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-1.880.382.644.9

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