Latvia vs Solomon Islands: Taxes on incomes of individuals and corporations as share of GDP
Latvia
7.6%
in 2023
Solomon Islands
7.7%
in 2023
Latvia rank
66th
Solomon Islands rank
64th
Taxes on incomes of individuals and corporations as share of GDP over time
- Latvia
- Solomon Islands
How they compare
Solomon Islands currently reports 7.7% against 7.6% in Latvia, a difference of 0.1%.
The two have swapped places 1 time across 23 shared years of data; in 1995 it was Latvia ahead.
Latvia ranks 66th and Solomon Islands ranks 64th of 184 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Solomon Islands in 2.
Head to head by decade
| Decade | Latvia | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.5% | 5.1% | 1.5% | Latvia |
| 2000s | 7.6% | 5.7% | 1.8% | Latvia |
| 2010s | 7.4% | 8.7% | 1.3% | Solomon Islands |
| 2020s | 7.0% | 7.7% | 0.7% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on incomes of individuals and corporations as share of gdp, Latvia or Solomon Islands?
- Solomon Islands, at 7.7% against 7.6% in Latvia as of 2023.
- What is the difference in taxes on incomes of individuals and corporations as share of gdp between Latvia and Solomon Islands?
- 0.1%, with Solomon Islands ahead.
- How many years of comparable data are there for Latvia and Solomon Islands?
- 23 years are reported by both, from 1995 to 2023.
- How do Latvia and Solomon Islands rank globally for taxes on incomes of individuals and corporations as share of gdp?
- Latvia ranks 66th and Solomon Islands ranks 64th of 184 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 incomes of individuals and corporations as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.