Canada vs Latvia: Gross public sector debt as a share of gross domestic product
Canada
47.4%
in 2024
Latvia
54.2%
in 2024
Canada rank
28th
Latvia rank
26th
Gross public sector debt as a share of gross domestic product over time
- Canada
- Latvia
How they compare
Latvia currently reports 54.2% against 47.4% in Canada, a difference of 6.8%.
That makes Latvia's figure about 1.1 times Canada's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Canada ahead.
Canada ranks 28th and Latvia ranks 26th of 49 countries.
Across the 3 decades both report, Canada averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Canada | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.0% | 16.9% | 16.0% | Canada |
| 2010s | 35.2% | 43.2% | 8.0% | Latvia |
| 2020s | 48.0% | 51.0% | 3.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross public sector debt as a share of gross domestic product, Canada or Latvia?
- Latvia, at 54.2% against 47.4% in Canada as of 2024.
- What is the difference in gross public sector debt as a share of gross domestic product between Canada and Latvia?
- 6.8%, with Latvia ahead.
- How many years of comparable data are there for Canada and Latvia?
- 25 years are reported by both, from 2000 to 2024.
- How do Canada and Latvia rank globally for gross public sector debt as a share of gross domestic product?
- Canada ranks 28th and Latvia ranks 26th of 49 countries.
- Where does this data come from?
- World Bank – processed by Our World in Data, published as Gross public sector debt as a share of gross domestic product. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).