Latvia vs New Zealand: Revenue, excluding grants

Latvia
33.9%
in 2024
New Zealand
34.2%
in 2024
Latvia rank
35th
New Zealand rank
34th

Revenue, excluding grants over time

  • Latvia
  • New Zealand
010203040197219982024

How they compare

New Zealand currently reports 34.2% against 33.9% in Latvia, a difference of 0.3%.

Across all 24 years both countries report, New Zealand has been ahead every year.

Latvia ranks 35th and New Zealand ranks 34th of 157 countries.

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

Head to head by decade

Decade Latvia New Zealand Difference Ahead
2000s 27.3% 35.1% 7.8% New Zealand
2010s 29.0% 32.7% 3.7% New Zealand
2020s 31.8% 32.7% 0.9% New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Latvia or New Zealand?
New Zealand, at 34.2% against 33.9% in Latvia as of 2024.
What is the difference in revenue, excluding grants between Latvia and New Zealand?
0.3%, with New Zealand ahead.
How many years of comparable data are there for Latvia and New Zealand?
24 years are reported by both, from 2001 to 2024.
How do Latvia and New Zealand rank globally for revenue, excluding grants?
Latvia ranks 35th and New Zealand ranks 34th of 157 countries.
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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Latvia vs New Zealand: Revenue, excluding grants. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/revenue-excluding-grants-percent-of-gdp/latvia/new-zealand/

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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.