Latvia vs Palau: Taxes less subsidies on products (constant LCU), per unit of GDP
Latvia
0.0854 constant LCU per US$ of GDP
in 2025
Palau
0.0876 constant LCU per US$ of GDP
in 2024
Latvia rank
139th
Palau rank
138th
Taxes less subsidies on products (constant LCU), per unit of GDP over time
- Latvia
- Palau
How they compare
Palau currently reports 0.0876 constant LCU per US$ of GDP against 0.0854 constant LCU per US$ of GDP in Latvia, a difference of 0.0022 constant LCU per US$ of GDP.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 139th and Palau ranks 138th of 189 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Palau in 1.
Head to head by decade
| Decade | Latvia | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.2013 constant LCU per US$ of GDP | 0.1417 constant LCU per US$ of GDP | 0.0596 constant LCU per US$ of GDP | Latvia |
| 2010s | 0.113 constant LCU per US$ of GDP | 0.1242 constant LCU per US$ of GDP | 0.0112 constant LCU per US$ of GDP | Palau |
| 2020s | 0.1032 constant LCU per US$ of GDP | 0.096 constant LCU per US$ of GDP | 0.0072 constant LCU per US$ of GDP | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, Latvia or Palau?
- Palau, at 0.0876 constant LCU per US$ of GDP against 0.0854 constant LCU per US$ of GDP in Latvia as of 2024.
- What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between Latvia and Palau?
- 0.0022 constant LCU per US$ of GDP, with Palau ahead.
- How many years of comparable data are there for Latvia and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Latvia and Palau rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
- Latvia ranks 139th and Palau ranks 138th of 189 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.