Azerbaijan vs Latvia: Taxes less subsidies on products

Azerbaijan
7.29 billion current US$
in 2025
Latvia
6.35 billion current US$
in 2025
Azerbaijan rank
71st
Latvia rank
74th

Taxes less subsidies on products over time

  • Azerbaijan
  • Latvia
02.0B4.0B6.0B8.0B199020072025

How they compare

Azerbaijan currently reports 7.29 billion current US$ against 6.35 billion current US$ in Latvia, a difference of 943.05 million current US$.

That makes Azerbaijan's figure about 1.1 times Latvia's.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Latvia ahead.

Azerbaijan ranks 71st and Latvia ranks 74th of 199 countries.

Across the 4 decades both report, Azerbaijan averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Azerbaijan Latvia Difference Ahead
1990s 232.79 million current US$ 737.97 million current US$ 505.17 million current US$ Latvia
2000s 1.36 billion current US$ 1.93 billion current US$ 577.91 million current US$ Latvia
2010s 4.11 billion current US$ 3.62 billion current US$ 482.97 million current US$ Azerbaijan
2020s 5.94 billion current US$ 5.22 billion current US$ 714.41 million current US$ Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Azerbaijan or Latvia?
Azerbaijan, at 7.29 billion current US$ against 6.35 billion current US$ in Latvia as of 2025.
What is the difference in taxes less subsidies on products between Azerbaijan and Latvia?
943.05 million current US$, with Azerbaijan ahead.
How many years of comparable data are there for Azerbaijan and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Azerbaijan and Latvia rank globally for taxes less subsidies on products?
Azerbaijan ranks 71st and Latvia ranks 74th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Azerbaijan vs Latvia: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us/azerbaijan/latvia/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,453 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 indicator is expressed in United States dollars.