Enough to purchase 164 Boeing 737 jets - a decent-sized airline fleet.
DebtClock.io
National Debt of Latvia
16,150,503,208 €
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
40.17%
Latest year: 2024
Debt (nominal)
16,150,503,208 €
EUR / USD toggle below
GDP (nominal)
40,208,388,000 €
Latest year: 2024
Population
1,901,548
Latest year: 2024
Interest per Year
484,515,096 €
≈ 15 € / second
Debt per Citizen
8,493 €
Based on latest pop
Inflation (CPI, %)
1.27%
Year: 2024
GDP growth (%, real)
-0.44%
Year: 2024
Unemployment (%)
6.72%
Year: 2024
Budget balance (% GDP)
-2.00%
Year: 2023
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Toggle between local currency (EUR) and USD using latest snapshot FX.
Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Latvia Economy Snapshot
The economy of Latvia shows steady performance, with a nominal GDP of 40.2 billion € and average income of about 21,145 € per person. Low inflation at 1.27%, while the economy contracted by 0.44%. Low unemployment around 6.72%, and the government runs a substantial 2.00% fiscal deficit. The current exchange rate is 1.08 USD/EUR.
| GDP (nominal) | 40,208,388,000 € |
|---|---|
| GDP per capita | 21,145 € |
| Inflation | 1.27% |
| GDP growth | -0.44% |
| Unemployment | 6.72% |
| Budget balance | -2.00% |
| FX (USD/EUR) | 1.08 |
Latvia Economy Facts
That equals about 58,269 family homes priced at $300,000 each.
Stacked $100 bills would reach 19 km high - halfway to the Moon.
