Share of government expenditure going to interest payments in Latvia
Latvia: Share of government expenditure going to interest payments was 1.86 in 2023. ▬ Flat
Latest (2023)
1.86
Change on year
up 43.3%
World rank
128th
of 152 countries
All-time high
5.25
in 2012
All-time low
1.3
in 2022
Years of data
30
1994–2023
Share of government expenditure going to interest payments in Latvia, 1994–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Latvia stood at 1.86.
The figure is up 43.3% on the previous year and down 61.1% over ten years.
Over the whole period, share of government expenditure going to interest payments in Latvia peaked at 5.25 in 2012 and was at its lowest, 1.3, in 2022.
Latvia ranks 128th of 152 countries on this measure, in the bottom quarter.
Share of government expenditure going to interest payments in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 1.6 | — |
| 1995 | 3.32 | +107.2% |
| 1996 | 4.17 | +25.3% |
| 1997 | 2.47 | -40.7% |
| 1998 | 2.08 | -15.9% |
| 1999 | 1.85 | -11.3% |
| 2000 | 2.96 | +60.3% |
| 2001 | 2.76 | -6.7% |
| 2002 | 2.59 | -6.1% |
| 2003 | 2.54 | -2.0% |
| 2004 | 2.47 | -2.8% |
| 2005 | 1.85 | -25.2% |
| 2006 | 1.64 | -11.0% |
| 2007 | 1.5 | -8.6% |
| 2008 | 1.61 | +7.3% |
| 2009 | 3.47 | +115.4% |
| 2010 | 4.23 | +22.0% |
| 2011 | 5.06 | +19.5% |
| 2012 | 5.25 | +3.7% |
| 2013 | 4.78 | -8.9% |
| 2014 | 4.41 | -7.8% |
| 2015 | 4.15 | -5.8% |
| 2016 | 3.55 | -14.4% |
| 2017 | 3.18 | -10.6% |
| 2018 | 2.45 | -23.0% |
| 2019 | 2.2 | -10.0% |
| 2020 | 1.8 | -18.0% |
| 2021 | 1.33 | -26.6% |
| 2022 | 1.3 | -2.2% |
| 2023 | 1.86 | +43.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.58 | 1.6 | 4.17 | 6 |
| 2000s | 2.34 | 1.5 | 3.47 | 10 |
| 2010s | 3.92 | 2.2 | 5.25 | 10 |
| 2020s | 1.57 | 1.3 | 1.86 | 4 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Latvia?
- Share of government expenditure going to interest payments in Latvia was 1.86 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Latvia?
- The highest recorded value was 5.25 in 2012.
- What is the lowest share of government expenditure going to interest payments recorded in Latvia?
- The lowest recorded value was 1.3 in 2022.
- How does Latvia rank for share of government expenditure going to interest payments?
- Latvia ranks 128th out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Latvia?
- Over the last ten years it is down 61.1%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).