Annual government taxes and social contributions receipts — Taxes on in Latvia
Latvia: Annual government taxes and social contributions receipts — Taxes on was 54.37 National currency in 2024. ◆ Volatile
Annual government taxes and social contributions receipts — Taxes on in Latvia, 1995–2024
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 54.37 National currency. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 79.9% over ten years.
Over the whole period, annual government taxes and social contributions receipts — taxes on in Latvia peaked at 54.37 National currency in 2024 and was at its lowest, 4.32 National currency, in 1997.
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 |
|---|---|---|
| 1995 | 5.09 National currency | — |
| 1996 | 5.97 National currency | +17.3% |
| 1997 | 4.32 National currency | -27.6% |
| 1998 | 5.64 National currency | +30.6% |
| 1999 | 7.6 National currency | +34.8% |
| 2000 | 6.82 National currency | -10.3% |
| 2001 | 7.59 National currency | +11.3% |
| 2002 | 10.48 National currency | +38.1% |
| 2003 | 11.06 National currency | +5.5% |
| 2004 | 14.51 National currency | +31.2% |
| 2005 | 18.67 National currency | +28.7% |
| 2006 | 29.87 National currency | +60.0% |
| 2007 | 42.24 National currency | +41.4% |
| 2008 | 40.72 National currency | -3.6% |
| 2009 | 29.11 National currency | -28.5% |
| 2010 | 21.76 National currency | -25.2% |
| 2011 | 22.88 National currency | +5.1% |
| 2012 | 27.93 National currency | +22.1% |
| 2013 | 29.19 National currency | +4.5% |
| 2014 | 30.22 National currency | +3.5% |
| 2015 | 31.72 National currency | +5.0% |
| 2016 | 34.41 National currency | +8.5% |
| 2017 | 36.34 National currency | +5.6% |
| 2018 | 44.39 National currency | +22.2% |
| 2019 | 46.9 National currency | +5.7% |
| 2020 | 33.78 National currency | -28.0% |
| 2021 | 20.18 National currency | -40.3% |
| 2022 | 39.51 National currency | +95.8% |
| 2023 | 47.79 National currency | +21.0% |
| 2024 | 54.37 National currency | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.72 National currency | 4.32 National currency | 7.6 National currency | 5 |
| 2000s | 21.11 National currency | 6.82 National currency | 42.24 National currency | 10 |
| 2010s | 32.57 National currency | 21.76 National currency | 46.9 National currency | 10 |
| 2020s | 39.13 National currency | 20.18 National currency | 54.37 National currency | 5 |
Countries ranked near Latvia
- 5 Canada 8,097 National currency compare
- 5 Slovenia 79.85 National currency compare
- 6 France 7,221 National currency compare
- 6 Lithuania 73.95 National currency compare
- 7 Sweden 5,325 National currency compare
- 7 Estonia 61.35 National currency compare
- 8 United Kingdom 4,803 National currency compare
- 9 Germany 3,081 National currency compare
- 10 Denmark 1,755 National currency compare
- 11 Spain 1,272 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 54.37 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 54.37 National currency in 2024.
- What is the lowest annual government taxes and social contributions receipts — taxes on recorded in Latvia?
- The lowest recorded value was 4.32 National currency in 1997.
- How does Latvia rank for annual government taxes and social contributions receipts — taxes on?
- Latvia ranks 8th out of 8 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 up 79.9%. 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 lotteries, gambling and betting. 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