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

Iceland
2,656 National currency
in 2024
Latvia
59.47 National currency
in 2024
Iceland rank
7th
Latvia rank
5th

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

  • Iceland
  • Latvia
02.0k4.0k6.0k199820112024

How they compare

Iceland currently reports 2,656 National currency against 59.47 National currency in Latvia, a difference of 2,597 National currency.

That makes Iceland's figure about 44.7 times Latvia's.

Across all 18 years both countries report, Iceland has been ahead every year.

Iceland ranks 7th and Latvia ranks 5th of 26 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
2000s 1,251 National currency 19.6 National currency 1,231 National currency Iceland
2010s 1,342 National currency 44.6 National currency 1,298 National currency Iceland
2020s 2,054 National currency 55.42 National currency 1,999 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 2,656 National currency against 59.47 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?
2,597 National currency, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
18 years are reported by both, from 2007 to 2024.
How do Iceland and Latvia rank globally for annual government taxes and social contributions receipts — taxes on?
Iceland ranks 7th and Latvia ranks 5th of 26 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 the use of fixed assets. 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-the-use-of-fixed-assets/iceland/latvia-2/

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About this data

Indicator
Annual government taxes and social contributions receipts — Taxes on the use of fixed assets
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,078 data points, 1975–2025
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