🇱🇻 Latvia National Debt Clock
Live tracker for Latvia government debt. The national debt currently stands at approximately $19.3 billion, growing at $29 every second based on IMF fiscal deficit projections. Debt-to-GDP: 47%. Per-citizen share: $10,722.
About Latvia's National Debt
Latvia maintains a low debt ratio within the eurozone, having imposed severe austerity to recover from a deep 2008-09 crash; defense spending is now rising on regional security concerns.
Latvia's debt-to-GDP ratio of 47% sits broadly within the range the IMF considers sustainable for an economy with sound institutions. By total government debt, Latvia ranks 96th of the 138 governments tracked here.
At the current borrowing rate of $29 per second, Latvia adds about $0.0 billion to its national debt every day — roughly $1 billion per year. Each of Latvia's 2 million citizens carries an individual share of approximately $10,722. That is below the world average of roughly $12,600 in government debt per person.
Figures are computed by Global Debt Clock using linear extrapolation from IMF general government gross debt baselines (Fiscal Monitor / WEO April 2026) and national treasury data. Actual debt changes through discrete bond issuances — these counters illustrate the approximate scale and pace of sovereign borrowing.
Latvia National Debt — Frequently Asked Questions
What is Latvia's national debt right now?
Latvia's national debt is approximately $19.3 billion as of July 29, 2026, growing at $29 per second. Its debt-to-GDP ratio is 47% and each citizen's share is about $10,722.
How fast is Latvia's debt growing?
Latvia's government debt grows at approximately $29 per second — about $0.0 billion per day — derived from IMF fiscal-deficit projections anchored to the April 2026 baseline.
What is Latvia's debt per capita?
Each of Latvia's 2 million citizens carries a notional share of approximately $10,722 of the national debt.
What is Latvia's debt-to-GDP ratio?
Latvia's debt-to-GDP ratio is 47%. This is within a range generally considered fiscally sustainable.
Why is Latvia's government debt at this level?
Latvia maintains a low debt ratio within the eurozone, having imposed severe austerity to recover from a deep 2008-09 crash; defense spending is now rising on regional security concerns.
Compare Latvia vs another country
Live side-by-side debt comparisons — shareable cards for journalists and social.
Further reading
Other Europe countries
Data & Citation
Source: IMF World Economic Outlook · World Bank International Debt Statistics · baseline anchored .
Methodology: debt = 19,000,000,000 + 29 × seconds_since(2026-04-01)
Machine-readable data: /api/debt?c=lv (live JSON) · /data/debt.json (full dataset)
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