The national debt of Latvia per capita reached 11.7 thousand euros

The public debt of Latvia in terms of per capita amounted to 11.7 thousand euros in the second quarter of 2026. This was reported by the Latvian news portal TVNET with reference to the report of the Fiscal Discipline Council of the Republic.

Among European countries, the highest debt per capita recorded in Belgium – 60.1 thousand euros. The lowest figure was in Bulgaria, where it amounted to 5.5 thousand euros.

According to the Ministry of Finance of Latvia, by the end of the second quarter of 2026, public administration debt reached 48% of gross domestic product (GDP). Compared to the same period in 2025, the indicator increased by 0.9 percentage points.

According to forecasts, in 2027, Latvia's public debt may amount to 47.9% of GDP, in 2028 - 51.8%, and in 2029 - 52.8%. Among European countries, the highest ratio of public debt to GDP is observed in Greece - 140.8%, and the lowest - in Estonia, where the figure is 26.1%.

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