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

Iceland
423,595 National currency
in 2024
Latvia
3,845 National currency
in 2024
Iceland rank
8th
Latvia rank
9th

Annual government taxes and social contributions receipts — Value over time

  • Iceland
  • Latvia
0100.0k200.0k300.0k400.0k199520092024

How they compare

Iceland currently reports 423,595 National currency against 3,845 National currency in Latvia, a difference of 419,750 National currency.

That makes Iceland's figure about 110.2 times Latvia's.

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

Iceland ranks 8th and Latvia ranks 9th of 29 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 64,442 National currency 449.88 National currency 63,992 National currency Iceland
2000s 104,264 National currency 967.95 National currency 103,296 National currency Iceland
2010s 181,923 National currency 1,893 National currency 180,030 National currency Iceland
2020s 325,972 National currency 3,347 National currency 322,624 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 — value, Iceland or Latvia?
Iceland, at 423,595 National currency against 3,845 National currency in Latvia as of 2024.
What is the difference in annual government taxes and social contributions receipts — value between Iceland and Latvia?
419,750 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 — value?
Iceland ranks 8th and Latvia ranks 9th of 29 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government taxes and social contributions receipts — Value added type 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 — Value. 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-value-added-type-taxes/iceland/latvia-2/

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About this data

Indicator
Annual government taxes and social contributions receipts — Value added type taxes
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
40 places, 1,199 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