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

Latvia - Primary Balance (% of GDP) -0.72

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

Latest value

-0.72 (2024)

Global rank

##44 of 102 economies

Share of global total

-2.1%

Growth since 2017

-0.86×

Ranking Race — Primary Balance (% of GDP)

1 = global #1 · higher value ranks higher

#1#17#33#49#65#81201720222025#47#442023 overtook Belgium2024 overtook Sweden
LatviaTürkiyeCanadaNew ZealandUnited States

Real annual global ranks, 2017 - 2025. Latvia climbed from #47 to #44 (overtook Belgium). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2018
Fell 26 places in global rank auto
2019
Climbed 22 places in global rank auto
2020
Climbed 19 places in global rank auto
2021
Fell 53 places in global rank auto
2023
Overtook Belgium in global rank auto
2023
Climbed 24 places in global rank auto
2024
Overtook Sweden in global rank auto
2024
Climbed 16 places in global rank auto

Primary Balance (% of GDP), 2017-2024

IMF GFS (accrual) · % of GDP · linear scale · ranking in the race above
201720222024-6.6-4.12-1.640.84

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