Bhutan vs Latvia: Taxes less subsidies on products
Bhutan
7.44 billion current LCU
in 2024
Latvia
5.62 billion current LCU
in 2025
Bhutan rank
140th
Latvia rank
143rd
Taxes less subsidies on products over time
- Bhutan
- Latvia
How they compare
Bhutan currently reports 7.44 billion current LCU against 5.62 billion current LCU in Latvia, a difference of 1.82 billion current LCU.
That makes Bhutan's figure about 1.3 times Latvia's.
The two have swapped places 3 times across 30 shared years of data; in 1995 it was Latvia ahead.
Bhutan ranks 140th and Latvia ranks 143rd of 199 countries.
Across the 4 decades both report, Bhutan averaged higher in 3 and Latvia in 1.
Head to head by decade
| Decade | Bhutan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 478.00 million current LCU | 591.24 million current LCU | 113.24 million current LCU | Latvia |
| 2000s | 1.60 billion current LCU | 1.48 billion current LCU | 120.82 million current LCU | Bhutan |
| 2010s | 7.91 billion current LCU | 2.98 billion current LCU | 4.93 billion current LCU | Bhutan |
| 2020s | 5.84 billion current LCU | 4.52 billion current LCU | 1.32 billion current LCU | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Bhutan or Latvia?
- Bhutan, at 7.44 billion current LCU against 5.62 billion current LCU in Latvia as of 2024.
- What is the difference in taxes less subsidies on products between Bhutan and Latvia?
- 1.82 billion current LCU, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Bhutan and Latvia rank globally for taxes less subsidies on products?
- Bhutan ranks 140th and Latvia ranks 143rd of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). 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 are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.