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

Latvia - Net Operating Balance (% of GDP) 0.92

IMF GFS (accrual) · updated 2026-10-03 · 67 economies tracked

Latest value

0.92 (2024)

Global rank

##15 of 67 economies

Share of global total

-3.8%

Growth since 2017

1.21×

Ranking Race — Net Operating Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#23#152023 overtook Dominican Republic2024 overtook Estonia
LatviaTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Latvia climbed from #23 to #15 (overtook Dominican Republic). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2021
Fell 31 places in global rank auto
2023
Overtook Dominican Republic in global rank auto
2023
Climbed 15 places in global rank auto
2024
Overtook Estonia in global rank auto

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

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-5.95-3.55-1.161.24

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