Finland vs Latvia: Taxes on goods and services as share of GDP

Finland
13.4%
in 2023
Latvia
13.3%
in 2023
Finland rank
24th
Latvia rank
25th

Taxes on goods and services as share of GDP over time

  • Finland
  • Latvia
051015198020012023

How they compare

Finland currently reports 13.4% against 13.3% in Latvia, a difference of 0.1%.

Across all 29 years both countries report, Finland has been ahead every year.

Finland ranks 24th and Latvia ranks 25th of 187 countries.

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

Head to head by decade

Decade Finland Latvia Difference Ahead
1990s 14.1% 11.2% 2.9% Finland
2000s 13.3% 11.1% 2.2% Finland
2010s 14.4% 12.9% 1.5% Finland
2020s 14.1% 13.4% 0.7% Finland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services as share of gdp, Finland or Latvia?
Finland, at 13.4% against 13.3% in Latvia as of 2023.
What is the difference in taxes on goods and services as share of gdp between Finland and Latvia?
0.1%, with Finland ahead.
How many years of comparable data are there for Finland and Latvia?
29 years are reported by both, from 1995 to 2023.
How do Finland and Latvia rank globally for taxes on goods and services as share of gdp?
Finland ranks 24th and Latvia ranks 25th of 187 countries.
Where does this data come from?
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Taxes on goods and services as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs Latvia: Taxes on goods and services as share of GDP. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/taxes-on-goods-and-services-gdp/finland/latvia/

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About this data

Indicator
Taxes on goods and services as share of GDP
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 5,751 data points, 1980–2023
Last refreshed

Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.