Latvia vs Luxembourg: Government deficit/surplus, debt and associated data

Latvia
43,026
in 2025
Luxembourg
89,522
in 2025
Latvia rank
24th
Luxembourg rank
21st

Government deficit/surplus, debt and associated data over time

  • Latvia
  • Luxembourg
020.0k40.0k60.0k80.0k199520102025

How they compare

Luxembourg currently reports 89,522 against 43,026 in Latvia, a difference of 46,496.

That makes Luxembourg's figure about 2.1 times Latvia's.

Across all 31 years both countries report, Luxembourg has been ahead every year.

Latvia ranks 24th and Luxembourg ranks 21st of 27 countries.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia Luxembourg Difference Ahead
1990s 5,450 17,646 12,196 Luxembourg
2000s 14,173 30,745 16,572 Luxembourg
2010s 23,463 52,527 29,063 Luxembourg
2020s 36,807 78,681 41,875 Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government deficit/surplus, debt and associated data, Latvia or Luxembourg?
Luxembourg, at 89,522 against 43,026 in Latvia as of 2025.
What is the difference in government deficit/surplus, debt and associated data between Latvia and Luxembourg?
46,496, with Luxembourg ahead.
How many years of comparable data are there for Latvia and Luxembourg?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Luxembourg rank globally for government deficit/surplus, debt and associated data?
Latvia ranks 24th and Luxembourg ranks 21st of 27 countries.
Where does this data come from?
Eurostat, published as Government deficit/surplus, debt and associated data. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Government deficit/surplus, debt and associated data
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
31 places, 961 data points, 1995–2025
Last refreshed