Barbados vs Latvia: Tax revenue as share of GDP

Barbados
31.8%
in 2017
Latvia
30.4%
in 2017
Barbados rank
28th
Latvia rank
31st

Tax revenue as share of GDP over time

  • Barbados
  • Latvia
0102030199020032017

How they compare

Barbados currently reports 31.8% against 30.4% in Latvia, a difference of 1.4%.

The two have swapped places 5 times across 23 shared years of data; in 1995 it was Latvia ahead.

Barbados ranks 28th and Latvia ranks 31st of 77 countries.

Across the 3 decades both report, Barbados averaged higher in 2 and Latvia in 1.

Head to head by decade

Decade Barbados Latvia Difference Ahead
1990s 28.6% 30.1% 1.6% Latvia
2000s 30.5% 28.1% 2.4% Barbados
2010s 29.9% 29.0% 0.9% Barbados

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as share of gdp, Barbados or Latvia?
Barbados, at 31.8% against 30.4% in Latvia as of 2017.
What is the difference in tax revenue as share of gdp between Barbados and Latvia?
1.4%, with Barbados ahead.
How many years of comparable data are there for Barbados and Latvia?
23 years are reported by both, from 1995 to 2017.
How do Barbados and Latvia rank globally for tax revenue as share of gdp?
Barbados ranks 28th and Latvia ranks 31st of 77 countries.
Where does this data come from?
OECD (2018) – processed by Our World in Data, published as Tax revenue as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Barbados vs Latvia: Tax revenue as share of GDP. Statizoid, drawing on OECD (2018) – processed by Our World in Data. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/tax-revenue-share-gdp-oecd-grsd/barbados/latvia/

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About this data

Indicator
Tax revenue as share of GDP
Unit
%
Source
OECD (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
77 places, 1,982 data points, 1990–2017
Last refreshed

The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.