Heavily indebted poor countries (HIPC) vs Latvia: Revenue, excluding grants

Heavily indebted poor countries (HIPC)
13.7%
in 2020
Latvia
33.9%
in 2024
Heavily indebted poor countries (HIPC) rank
32nd
Latvia rank
35th

Revenue, excluding grants over time

  • Heavily indebted poor countries (HIPC)
  • Latvia
0102030199420092024

How they compare

Latvia currently reports 33.9% against 13.7% in Heavily indebted poor countries (HIPC), a difference of 20.2%.

That makes Latvia's figure about 2.5 times Heavily indebted poor countries (HIPC)'s.

Across all 10 years both countries report, Latvia has been ahead every year.

Heavily indebted poor countries (HIPC) ranks 32nd and Latvia ranks 35th of 35 groups.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Heavily indebted poor countries (HIPC) Latvia Difference Ahead
2010s 13.8% 29.0% 15.3% Latvia
2020s 13.7% 31.4% 17.7% Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Heavily indebted poor countries (HIPC) or Latvia?
Latvia, at 33.9% against 13.7% in Heavily indebted poor countries (HIPC) as of 2024.
What is the difference in revenue, excluding grants between Heavily indebted poor countries (HIPC) and Latvia?
20.2%, with Latvia ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Latvia?
10 years are reported by both, from 2010 to 2020.
How do Heavily indebted poor countries (HIPC) and Latvia rank globally for revenue, excluding grants?
Heavily indebted poor countries (HIPC) ranks 32nd and Latvia ranks 35th of 35 groups.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Revenue, excluding grants (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Heavily indebted poor countries (HIPC) vs Latvia: Revenue, excluding grants. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/revenue-excluding-grants-percent-of-gdp/heavily-indebted-poor-countries-hipc/latvia/

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About this data

Indicator
Revenue, excluding grants (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,652 data points, 1972–2024
Last refreshed

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.