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

Iceland
11,883 National currency
in 2024
Latvia
3.19 National currency
in 2024
Iceland rank
10th
Latvia rank
7th

Annual government taxes and social contributions receipts — Total over time

  • Iceland
  • Latvia
02.5k5.0k7.5k10.0k12.5k199820112024

How they compare

Iceland currently reports 11,883 National currency against 3.19 National currency in Latvia, a difference of 11,880 National currency.

That makes Iceland's figure about 3,725.1 times Latvia's.

Across all 22 years both countries report, Iceland has been ahead every year.

Iceland ranks 10th and Latvia ranks 7th of 23 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 1,136 National currency 4.48 National currency 1,132 National currency Iceland
2010s 6,428 National currency 3.03 National currency 6,425 National currency Iceland
2020s 10,362 National currency 3.08 National currency 10,359 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 — total, Iceland or Latvia?
Iceland, at 11,883 National currency against 3.19 National currency in Latvia as of 2024.
What is the difference in annual government taxes and social contributions receipts — total between Iceland and Latvia?
11,880 National currency, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
22 years are reported by both, from 2003 to 2024.
How do Iceland and Latvia rank globally for annual government taxes and social contributions receipts — total?
Iceland ranks 10th and Latvia ranks 7th of 23 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government taxes and social contributions receipts — Total wage bill and payroll taxes. 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 — Total. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/annual-government-taxes-and-social-contributions-receipts-total-wage-bill-and-payroll/iceland/latvia-2/

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About this data

Indicator
Annual government taxes and social contributions receipts — Total wage bill and payroll taxes
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
31 places, 925 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