Tax Revenue / Latvia
Latvia Tax Revenue
Latvia tax revenue data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 17.65%.
COUNTRY: Latvia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-24 05:08:17
GM ECONOMY RATING
Latvia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
63 / 100
Moderate stability
Fiscal stability
17.0 / 25
Macroeconomic stability
15.0 / 20
External stability
2.0 / 15
Financial robustness
n/a
Structural stability
13.0 / 15
Future capacity
8.0 / 10
Demographic capacity
2.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 86% of weighted inputs available.
Time range:
Selected year: · Value:
Latvia · tax revenue data as percent of GDP.
Latest
17.65%
Previous
16.63%
Range avg.
16.74%
Rank
47
Countries by tax revenue
full rankingGM ECONOMY
Data Navigator
Countries, indicators and comparisons
CountryLatvia
IndicatorTax Revenue
17.65%2024 · Rank 47
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Latvia recorded 17.65% for Tax Revenue in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 1.02 percentage points, from 16.63% to 17.65%.
The latest observation is above the average of the last 10 available observations (16.74%).
Across the five latest available observations (2020–2024), the pattern is predominantly upward.
Within the last 10 available observations, the low was 16.20% in 2018 and the high was 17.65% in 2024.
Comparison
Related indicators
Government DebtGC.DOD.TOTL.GD.ZS
Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS
Interest PaymentsGC.XPN.INTP.RV.ZS