Iceland vs Latvia: Annual government taxes and social contributions receipts — Taxes on

Iceland
528,708 National currency
in 2024
Latvia
5,259 National currency
in 2024
Iceland rank
10th
Latvia rank
9th

Annual government taxes and social contributions receipts — Taxes on over time

  • Iceland
  • Latvia
0200.0k400.0k600.0k199520092024

How they compare

Iceland currently reports 528,708 National currency against 5,259 National currency in Latvia, a difference of 523,449 National currency.

That makes Iceland's figure about 100.5 times Latvia's.

Across all 27 years both countries report, Iceland has been ahead every year.

Iceland ranks 10th and Latvia ranks 9th of 31 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
1990s 93,531 National currency 719.58 National currency 92,812 National currency Iceland
2000s 148,559 National currency 1,511 National currency 147,048 National currency Iceland
2010s 252,400 National currency 2,989 National currency 249,410 National currency Iceland
2020s 416,777 National currency 4,675 National currency 412,102 National currency Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government taxes and social contributions receipts — taxes on, Iceland or Latvia?
Iceland, at 528,708 National currency against 5,259 National currency in Latvia as of 2024.
What is the difference in annual government taxes and social contributions receipts — taxes on between Iceland and Latvia?
523,449 National currency, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
27 years are reported by both, from 1998 to 2024.
How do Iceland and Latvia rank globally for annual government taxes and social contributions receipts — taxes on?
Iceland ranks 10th and Latvia ranks 9th of 31 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government taxes and social contributions receipts — Taxes on products. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Annual government taxes and social contributions receipts — Taxes on. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/annual-government-taxes-and-social-contributions-receipts-taxes-on-products/iceland/latvia-2/

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About this data

Indicator
Annual government taxes and social contributions receipts — Taxes on products
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
43 places, 1,318 data points, 1970–2025
Last refreshed

This table presents taxes and social contribution receipts for General Government and its sub-sectors: central, local and state (regional) government and social security, as well as for institutions of the European Union. Total tax receipts comprise taxes on production and imports, current taxes on income wealth etc. and capital taxes. Social contribution receipts comprise actual and imputed social contributions. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. These indicators were presented in the previous dissemination system in the SNA_TABLE10 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org