Latvia vs Papua New Guinea: Taxes less subsidies on products

Latvia
5.62 billion current LCU
in 2025
Papua New Guinea
5.32 billion current LCU
in 2024
Latvia rank
143rd
Papua New Guinea rank
146th

Taxes less subsidies on products over time

  • Latvia
  • Papua New Guinea
02.0B4.0B6.0B196019922025

How they compare

Latvia currently reports 5.62 billion current LCU against 5.32 billion current LCU in Papua New Guinea, a difference of 299.31 million current LCU.

That makes Latvia's figure about 1.1 times Papua New Guinea's.

The two have swapped places 3 times across 29 shared years of data; in 1995 it was Latvia ahead.

Latvia ranks 143rd and Papua New Guinea ranks 146th of 199 countries.

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

Head to head by decade

Decade Latvia Papua New Guinea Difference Ahead
1990s 591.24 million current LCU 371.18 million current LCU 220.06 million current LCU Latvia
2000s 1.47 billion current LCU 726.90 million current LCU 747.05 million current LCU Latvia
2010s 2.98 billion current LCU 2.43 billion current LCU 557.68 million current LCU Latvia
2020s 4.52 billion current LCU 4.45 billion current LCU 68.93 million current LCU Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Latvia or Papua New Guinea?
Latvia, at 5.62 billion current LCU against 5.32 billion current LCU in Papua New Guinea as of 2025.
What is the difference in taxes less subsidies on products between Latvia and Papua New Guinea?
299.31 million current LCU, with Latvia ahead.
How many years of comparable data are there for Latvia and Papua New Guinea?
29 years are reported by both, from 1995 to 2024.
How do Latvia and Papua New Guinea rank globally for taxes less subsidies on products?
Latvia ranks 143rd and Papua New Guinea ranks 146th 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.

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Latvia vs Papua New Guinea: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/latvia/papua-new-guinea/

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,473 data points, 1960–2025
Last refreshed

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.