Annual government taxes and social contributions receipts — Taxes on in Latvia
Latvia: Annual government taxes and social contributions receipts — Taxes on was 1.51 National currency in 2024. ◆ Volatile
Annual government taxes and social contributions receipts — Taxes on in Latvia, 2004–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government taxes and social contributions receipts — taxes on in Latvia stood at 1.51 National currency.
That represents a change of down 17.5% on the previous year and down 19.3% over ten years.
Over the whole period, annual government taxes and social contributions receipts — taxes on in Latvia peaked at 32.06 National currency in 2008 and was at its lowest, 0.16 National currency, in 2004.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government taxes and social contributions receipts — Taxes on in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 2004 | 0.16 National currency | — |
| 2007 | 28.07 National currency | +17443.8% |
| 2008 | 32.06 National currency | +14.2% |
| 2009 | 26.12 National currency | -18.5% |
| 2010 | 13.94 National currency | -46.6% |
| 2011 | 1.79 National currency | -87.2% |
| 2012 | 0.91 National currency | -49.2% |
| 2013 | 1.66 National currency | +82.4% |
| 2014 | 1.87 National currency | +12.7% |
| 2015 | 2.55 National currency | +36.4% |
| 2016 | 2.1 National currency | -17.6% |
| 2017 | 4.27 National currency | +103.3% |
| 2018 | 5.04 National currency | +18.0% |
| 2019 | 2.48 National currency | -50.8% |
| 2020 | 0.33 National currency | -86.7% |
| 2021 | 1.12 National currency | +239.4% |
| 2022 | 4.41 National currency | +293.7% |
| 2023 | 1.83 National currency | -58.5% |
| 2024 | 1.51 National currency | -17.5% |
Biggest year-on-year movements
Years where Annual government taxes and social contributions receipts — Taxes on in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +17443.8% | 0.16 National currency | 28.07 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.6 National currency | 0.16 National currency | 32.06 National currency | 4 |
| 2010s | 3.66 National currency | 0.91 National currency | 13.94 National currency | 10 |
| 2020s | 1.84 National currency | 0.33 National currency | 4.41 National currency | 5 |
Countries ranked near Latvia
- 4 Czechia 93,394 National currency compare
- 4 Estonia 1,093 National currency compare
- 5 Germany 28,749 National currency compare
- 5 Lithuania 17.89 National currency compare
- 6 Israel 26,323 National currency compare
- 6 Slovenia 2.79 National currency compare
- 7 Denmark 22,865 National currency compare
- 8 Switzerland 4,843 National currency compare
- 9 Ireland 3,370 National currency compare
- 10 Romania 2,804 National currency compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual government taxes and social contributions receipts — taxes on in Latvia?
- Annual government taxes and social contributions receipts — taxes on in Latvia was 1.51 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government taxes and social contributions receipts — taxes on recorded in Latvia?
- The highest recorded value was 32.06 National currency in 2008.
- What is the lowest annual government taxes and social contributions receipts — taxes on recorded in Latvia?
- The lowest recorded value was 0.16 National currency in 2004.
- How does Latvia rank for annual government taxes and social contributions receipts — taxes on?
- Latvia ranks 7th out of 7 countries with data for 2024.
- Is annual government taxes and social contributions receipts — taxes on rising or falling in Latvia?
- Over the last ten years it is down 19.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government taxes and social contributions receipts — Taxes on imports excluding Value Added Tax and duties. Statizoid updates them automatically from the source API.
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About this data
This table presents taxes and social contribution receipts for General Government and its sub-sectors: central, local and state (regional) government and social security, as well as for institutions of the European Union. Total tax receipts comprise taxes on production and imports, current taxes on income wealth etc. and capital taxes. Social contribution receipts comprise actual and imputed social contributions. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. These indicators were presented in the previous dissemination system in the SNA_TABLE10 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org