Annual non-financial accounts by institutional sector (Revenue) in Latvia
Latvia: Annual non-financial accounts by institutional sector (Revenue) was 591.24 National currency in 2024. ◆ Volatile
Annual non-financial accounts by institutional sector (Revenue) in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
Latvia recorded 591.24 National currency for annual non-financial accounts by institutional sector (revenue) in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 23.4% on the previous year and up 71.7% over ten years.
Over the whole period, annual non-financial accounts by institutional sector (revenue) in Latvia peaked at 591.24 National currency in 2024 and was at its lowest, 62.75 National currency, in 1996.
The series is highly variable year to year, so single readings are best treated with caution.
Annual non-financial accounts by institutional sector (Revenue) in Latvia, year by year
| Year | National currency | Change |
|---|---|---|
| 1995 | 70.51 National currency | — |
| 1996 | 62.75 National currency | -11.0% |
| 1997 | 103.09 National currency | +64.3% |
| 1998 | 124.21 National currency | +20.5% |
| 1999 | 130 National currency | +4.7% |
| 2000 | 94.75 National currency | -27.1% |
| 2001 | 116.06 National currency | +22.5% |
| 2002 | 89.25 National currency | -23.1% |
| 2003 | 110.97 National currency | +24.3% |
| 2004 | 114.67 National currency | +3.3% |
| 2005 | 127.74 National currency | +11.4% |
| 2006 | 139.84 National currency | +9.5% |
| 2007 | 174.7 National currency | +24.9% |
| 2008 | 169.81 National currency | -2.8% |
| 2009 | 161.7 National currency | -4.8% |
| 2010 | 194.21 National currency | +20.1% |
| 2011 | 249.85 National currency | +28.7% |
| 2012 | 280.28 National currency | +12.2% |
| 2013 | 281.86 National currency | +0.6% |
| 2014 | 344.43 National currency | +22.2% |
| 2015 | 345.09 National currency | +0.2% |
| 2016 | 370.96 National currency | +7.5% |
| 2017 | 384.45 National currency | +3.6% |
| 2018 | 358 National currency | -6.9% |
| 2019 | 403.77 National currency | +12.8% |
| 2020 | 405.53 National currency | +0.4% |
| 2021 | 422.76 National currency | +4.2% |
| 2022 | 438.88 National currency | +3.8% |
| 2023 | 479.01 National currency | +9.1% |
| 2024 | 591.24 National currency | +23.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.11 National currency | 62.75 National currency | 130 National currency | 5 |
| 2000s | 129.95 National currency | 89.25 National currency | 174.7 National currency | 10 |
| 2010s | 321.29 National currency | 194.21 National currency | 403.77 National currency | 10 |
| 2020s | 467.48 National currency | 405.53 National currency | 591.24 National currency | 5 |
Countries ranked near Latvia
- 5 Costa Rica 1.16 million National currency compare
- 5 Poland 104,812 National currency compare
- 6 Netherlands 12,780 National currency compare
- 6 United States of America 855,004 National currency compare
- 7 Slovenia 823.97 National currency compare
- 7 Sweden 672,730 National currency compare
- 8 Mexico 262,262 National currency compare
- 9 Lithuania 540.57 National currency compare
- 9 South Africa 168,764 National currency compare
- 10 Canada 139,614 National currency compare
- 10 Estonia 532.7 National currency compare
- 11 France 129,022 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 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- 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 (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual non-financial accounts by institutional sector (revenue) in Latvia?
- Annual non-financial accounts by institutional sector (revenue) in Latvia was 591.24 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual non-financial accounts by institutional sector (revenue) recorded in Latvia?
- The highest recorded value was 591.24 National currency in 2024.
- What is the lowest annual non-financial accounts by institutional sector (revenue) recorded in Latvia?
- The lowest recorded value was 62.75 National currency in 1996.
- How does Latvia rank for annual non-financial accounts by institutional sector (revenue)?
- Latvia ranks 8th out of 10 countries with data for 2024.
- Is annual non-financial accounts by institutional sector (revenue) rising or falling in Latvia?
- Over the last ten years it is up 71.7%. 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 non-financial accounts by institutional sector (Revenue) — Other taxes on production. Statizoid updates them automatically from the source API.
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About this data
This table presents the full sequence of non-financial accounts in the national accounts from the production account to the capital account. The sequence of non-financial accounts is presented for the economy of each country (or area) as a whole and also for its sectors: Non-financial Corporations, Financial Corporations, General Government, Households and Non-profit institutions serving households (NPISHs) and for the Rest of the world account. For the General Government sector property income, other current transfers and capital transfers are consolidated. This table presents the Revenue (or Resources) side of the accounts, including the balancing items. It is designed to be used in conjunction with the table entitled 'Annual non-financial accounts by institutional sector (Expenditure)’. 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 in order to view the full sequence of non-financial accounts. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare this item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE14a dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org