Latvia vs United Kingdom of Great Britain and Northern Ireland: Revenue, excluding grants

Latvia
33.9%
in 2024
United Kingdom of Great Britain and Northern Ireland
34.8%
in 2024
Latvia rank
35th
United Kingdom of Great Britain and Northern Ireland rank
32nd

Revenue, excluding grants over time

  • Latvia
  • United Kingdom of Great Britain and Northern Ireland
010203040197219982024

How they compare

United Kingdom of Great Britain and Northern Ireland currently reports 34.8% against 33.9% in Latvia, a difference of 0.9%.

The two have swapped places 2 times across 31 shared years of data; in 1994 it was United Kingdom of Great Britain and Northern Ireland ahead.

Latvia ranks 35th and United Kingdom of Great Britain and Northern Ireland ranks 32nd of 157 countries.

United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Latvia United Kingdom of Great Britain and Northern Ireland Difference Ahead
1990s 27.6% 31.2% 3.5% United Kingdom of Great Britain and Northern Ireland
2000s 27.4% 32.7% 5.3% United Kingdom of Great Britain and Northern Ireland
2010s 29.0% 33.7% 4.8% United Kingdom of Great Britain and Northern Ireland
2020s 31.8% 34.8% 3.0% United Kingdom of Great Britain and Northern Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, excluding grants, Latvia or United Kingdom of Great Britain and Northern Ireland?
United Kingdom of Great Britain and Northern Ireland, at 34.8% against 33.9% in Latvia as of 2024.
What is the difference in revenue, excluding grants between Latvia and United Kingdom of Great Britain and Northern Ireland?
0.9%, with United Kingdom of Great Britain and Northern Ireland ahead.
How many years of comparable data are there for Latvia and United Kingdom of Great Britain and Northern Ireland?
31 years are reported by both, from 1994 to 2024.
How do Latvia and United Kingdom of Great Britain and Northern Ireland rank globally for revenue, excluding grants?
Latvia ranks 35th and United Kingdom of Great Britain and Northern Ireland ranks 32nd 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 United Kingdom of Great Britain and Northern Ireland: Revenue, excluding grants. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/revenue-excluding-grants-percent-of-gdp/latvia/united-kingdom/

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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.