World Clock / Latvia / vs China

๐Ÿ‡ฑ๐Ÿ‡ป Latvia vs ๐Ÿ‡จ๐Ÿ‡ณ China

Live side-by-side comparison of government debt. China currently owes about 1019.2ร— more โ€” a gap of $19.65 trillion. Updated every second from IMF baselines.

๐Ÿ‡ฑ๐Ÿ‡ป
Latvia
$19,299,765,731
Debt-to-GDP47%
Per citizen$10,722
Per second+$29
VS
๐Ÿ‡จ๐Ÿ‡ณ
China
$19,670,818,734,050
Debt-to-GDP96%
Per citizen$13,961
Per second+$25,000
In nominal terms, China carries the larger government debt โ€” roughly 1019.2ร— that of Latvia, a difference of $19.65 trillion. Note that debt-to-GDP (Latvia: 47%, China: 96%) is the better measure of sustainability than the raw total.

Analysis

By total government debt, Latvia ranks 96th-largest and China ranks 2nd-largest among the 137 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in China is roughly 1.3× that in Latvia ($13,961 vs $10,722 per person).

The debt-to-GDP picture is asymmetric here: China sits at 96% of GDP, well above Latvia's 47%, meaning China owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.

The gap between them is widening: China's debt is growing faster in dollar terms ($25K/sec vs $29/sec for Latvia), adding roughly $2,157,494,400 to the difference each day.

Scale is part of the story too: China's population (1.41B) is about 782.8× Latvia's (2M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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Source: Global Debt Clock, based on the IMF World Economic Outlook (April 2026, general government gross debt) and World Bank IDS.
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