Which has higher revenue, excluding grants, Latvia or South Asia (IDA & IBRD)?

Latvia, at 33.9% against 9.3% in South Asia (IDA & IBRD) as of 2024.

How many years of comparable data are there for Latvia and South Asia (IDA & IBRD)?

26 years are reported by both, from 1994 to 2022.

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.

Latvia vs South Asia (IDA & IBRD): Revenue, excluding grants

Latvia

33.9%

in 2024

South Asia (IDA & IBRD)

9.3%

in 2022

Latvia rank

35th

South Asia (IDA & IBRD) rank

34th

Revenue, excluding grants over time

Latvia
South Asia (IDA & IBRD)

How they compare

Latvia currently reports 33.9% against 9.3% in South Asia (IDA & IBRD), a difference of 24.6%.

That makes Latvia's figure about 3.6 times South Asia (IDA & IBRD)'s.

Across all 26 years both countries report, Latvia has been ahead every year.

Latvia ranks 35th and South Asia (IDA & IBRD) ranks 34th of 157 countries.

Latvia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Latvia	South Asia (IDA & IBRD)	Difference	Ahead
1990s	27.6%	12.1%	15.6%	Latvia
2000s	27.4%	12.1%	15.2%	Latvia
2010s	28.9%	12.4%	16.6%	Latvia
2020s	30.9%	9.3%	21.6%	Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Latvia or South Asia (IDA & IBRD)?: Latvia, at 33.9% against 9.3% in South Asia (IDA & IBRD) as of 2024.
What is the difference in revenue, excluding grants between Latvia and South Asia (IDA & IBRD)?: 24.6%, with Latvia ahead.
How many years of comparable data are there for Latvia and South Asia (IDA & IBRD)?: 26 years are reported by both, from 1994 to 2022.
How do Latvia and South Asia (IDA & IBRD) rank globally for revenue, excluding grants?: Latvia ranks 35th and South Asia (IDA & IBRD) 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 South Asia (IDA & IBRD): 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/south-asia-ida-and-ibrd/

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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: 03 September 2026

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.