fiscal
Latvia · Net Interest · USD bn (PPP)
Latest
0.69usd_bn
Methodology
## What this measures
Latvia's general-government net interest bill, converted from national currency to US dollars at the OECD's purchasing-power-parity rate, in billions.
## Why it matters
PPP conversion compares what the interest bill could otherwise buy at home, rather than what it is worth on the currency market that year.
## How to read it
Use it for scale across countries; use net interest as a % of spending or GDP for burden.
## What it does not say
PPP dollars are not market dollars. The United States is the anchor (PPP = 1).
## Source
Source: OECD Economic Outlook (CC BY 4.0), general government, annual. Palanor reads the standard definition where the OECD publishes one and the country-specific definition otherwise; points carry `definition: country-specific` in their metadata when the latter applies.
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