Claims on central government, etc. (% GDP) in Latvia
Latvia: Claims on central government, etc. (% GDP) was 3.5% in 2024. ◆ Volatile
Claims on central government, etc. in Latvia, 2010–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for claims on central government, etc. in Latvia is 3.5%, measured in 2024.
That represents a change of down 47.4% on the previous year and up 242.6% over ten years.
Over the whole period, claims on central government, etc. in Latvia peaked at 7.3% in 2022 and was at its lowest, -10.4%, in 2010.
That places Latvia 135th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government, etc. (% GDP) in Latvia, year by year
| Year | % GDP | Change |
|---|---|---|
| 2010 | -10.4% | — |
| 2011 | -4.0% | -61.4% |
| 2012 | -5.4% | +35.6% |
| 2013 | -2.8% | -48.3% |
| 2014 | -2.5% | -11.7% |
| 2015 | 4.1% | -264.4% |
| 2016 | 3.1% | -22.7% |
| 2017 | 4.9% | +54.3% |
| 2018 | 2.6% | -46.9% |
| 2019 | 3.1% | +20.4% |
| 2020 | 5.1% | +66.0% |
| 2021 | 5.7% | +11.3% |
| 2022 | 7.3% | +26.9% |
| 2023 | 6.7% | -7.7% |
| 2024 | 3.5% | -47.4% |
Latvia compared with similar countries
- Latvia's 3.5% is below the median for high income countries, which is 11.8%, 30% of the median. (61 countries reporting)
- Latvia's 3.5% is below the median for Europe & Central Asia, which is 8.5%, 41% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.7% | -10.4% | 4.9% | 10 |
| 2020s | 5.7% | 3.5% | 7.3% | 5 |
Countries ranked near Latvia
More financial sector data for Latvia
- Reserve position in the IMF, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 43.27 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 60.46 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 31.6 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 68.5 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 43.27 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 60.46 % change on previous year (2025)
Frequently asked questions
- What is claims on central government, etc. in Latvia?
- Claims on central government, etc. in Latvia was 3.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Latvia?
- The highest recorded value was 7.3% in 2022.
- What is the lowest claims on central government, etc. recorded in Latvia?
- The lowest recorded value was -10.4% in 2010.
- How does Latvia rank for claims on central government, etc.?
- Latvia ranks 135th out of 187 countries with data for 2024.
- Is claims on central government, etc. rising or falling in Latvia?
- Over the last ten years it is up 242.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.