Finland vs Latvia: Financing of social security benefits in OECD member countries — Tax
Finland
11.75 Percentage of GDP
in 2024
Latvia
10.97 Percentage of GDP
in 2024
Finland rank
13th
Latvia rank
15th
Financing of social security benefits in OECD member countries — Tax over time
- Finland
- Latvia
How they compare
Finland currently reports 11.75 Percentage of GDP against 10.97 Percentage of GDP in Latvia, a difference of 0.78 Percentage of GDP.
That makes Finland's figure about 1.1 times Latvia's.
Across all 30 years both countries report, Finland has been ahead every year.
Finland ranks 13th and Latvia ranks 15th of 33 countries.
Finland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Finland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 12.75 Percentage of GDP | 10.68 Percentage of GDP | 2.07 Percentage of GDP | Finland |
| 2000s | 11.54 Percentage of GDP | 8.87 Percentage of GDP | 2.67 Percentage of GDP | Finland |
| 2010s | 12.32 Percentage of GDP | 8.95 Percentage of GDP | 3.37 Percentage of GDP | Finland |
| 2020s | 11.98 Percentage of GDP | 10.28 Percentage of GDP | 1.69 Percentage of GDP | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Finland or Latvia?
- Finland, at 11.75 Percentage of GDP against 10.97 Percentage of GDP in Latvia as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Finland and Latvia?
- 0.78 Percentage of GDP, with Finland ahead.
- How many years of comparable data are there for Finland and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Finland and Latvia rank globally for financing of social security benefits in oecd member countries — tax?
- Finland ranks 13th and Latvia ranks 15th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.