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Tax Revenue / Latvia
Public Finance

Latvia Tax Revenue

Current and historical tax revenue data for Latvia, including latest value (17.78), trend, international ranking, comparison and source notes.
COUNTRY: Latvia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T19:10:41+02:00
Economy Data Rating
Latvia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
A
80 / 100
Strong stability
Fiscal stability 23 / 25
Macroeconomic stability 15.6 / 20
External stability 14.1 / 15
Financial robustness 10.5 / 15
Structural stability 8 / 10
Future capacity 7.4 / 10
Demographic capacity 1.7 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 90% of weighted inputs available.
Time range: 1994–2024 1994– 2024
1994 2024
Selected year: 2024 · Value: n/a 2024

Latvia · tax revenue as a percentage of gdp.

1994–2024
17.78 percent of GDP
16.63 percent of GDP
16.75 percent of GDP
34 selected year
max 8 6 4 2 0
1994 2000 2006 2012 2018 2024
tax revenue rate reference line

Countries by tax revenue

full ranking
Country Rate Class
Denmark 33.36 high
New Zealand 29.67 high
Luxembourg 28.64 high
Greece 27.38 high
Sweden 27.28 high
United Kingdom 26.96 medium
Austria 25.78 medium
Italy 25.63 medium

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Germany 10.89
France 22.78
United Kingdom 26.96
United States 10.97
China 7.01

Related indicators

internal links
Government Revenue GC.REV.XGRT.GD.ZS
Government Expense GC.XPN.TOTL.GD.ZS
Government Debt GC.DOD.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: GC.TAX.TOTL.GD.ZS

Cache: partial · Updated: 2026-06-05T19:10:41+02:00

Latvia Snapshot

country profile
Population 1.87 m
GDP 43.68 bn
Debt/GDP 7.45%
Inflation 1.27%
Unemployment 6.57%
Currency n/a
Region Europe
Income group High income

Latvia Tax Revenue: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Tax Revenue for Latvia. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: latvia tax revenue rate, tax revenue data latvia, latvia tax revenue statistics, latvia percent of gdp.