Latvia vs Malaysia: Taxes less subsidies on products

Latvia
6.35 billion current US$
in 2025
Malaysia
6.08 billion current US$
in 2025
Latvia rank
74th
Malaysia rank
76th

Taxes less subsidies on products over time

  • Latvia
  • Malaysia
02.0B4.0B6.0B8.0B196019922025

How they compare

Latvia currently reports 6.35 billion current US$ against 6.08 billion current US$ in Malaysia, a difference of 267.57 million current US$.

The two have swapped places 5 times across 31 shared years of data; in 1995 it was Malaysia ahead.

Latvia ranks 74th and Malaysia ranks 76th of 199 countries.

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

Head to head by decade

Decade Latvia Malaysia Difference Ahead
1990s 737.97 million current US$ 2.49 billion current US$ 1.75 billion current US$ Malaysia
2000s 1.93 billion current US$ 1.73 billion current US$ 198.59 million current US$ Latvia
2010s 3.62 billion current US$ 3.63 billion current US$ 4.38 million current US$ Malaysia
2020s 5.22 billion current US$ 4.61 billion current US$ 611.01 million current US$ Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Latvia or Malaysia?
Latvia, at 6.35 billion current US$ against 6.08 billion current US$ in Malaysia as of 2025.
What is the difference in taxes less subsidies on products between Latvia and Malaysia?
267.57 million current US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Malaysia?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Malaysia rank globally for taxes less subsidies on products?
Latvia ranks 74th and Malaysia ranks 76th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Malaysia: 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/latvia/malaysia/

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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.