R&D tax expenditure and direct government funding of BERD — Indirect in Latvia
Latvia: R&D tax expenditure and direct government funding of BERD — Indirect was 0 Percentage of GDP in 2024. ◆ Volatile
R&D tax expenditure and direct government funding of BERD — Indirect in Latvia, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for r&d tax expenditure and direct government funding of berd — indirect in Latvia is 0 Percentage of GDP, measured in 2024. That is the lowest value across all 25 years on record.
The figure is down 100.0% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd — indirect in Latvia peaked at 0.0031 Percentage of GDP in 2017 and was at its lowest, 0 Percentage of GDP, in 2000.
The series is highly variable year to year, so single readings are best treated with caution.
R&D tax expenditure and direct government funding of BERD — Indirect in Latvia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0 Percentage of GDP | — |
| 2001 | 0 Percentage of GDP | — |
| 2002 | 0 Percentage of GDP | — |
| 2003 | 0 Percentage of GDP | — |
| 2004 | 0 Percentage of GDP | — |
| 2005 | 0 Percentage of GDP | — |
| 2006 | 0 Percentage of GDP | — |
| 2007 | 0 Percentage of GDP | — |
| 2008 | 0 Percentage of GDP | — |
| 2009 | 0 Percentage of GDP | — |
| 2010 | 0 Percentage of GDP | — |
| 2011 | 0 Percentage of GDP | — |
| 2012 | 0 Percentage of GDP | — |
| 2013 | 0 Percentage of GDP | — |
| 2014 | 0.0007 Percentage of GDP | — |
| 2015 | 0.0022 Percentage of GDP | +214.3% |
| 2016 | 0.0027 Percentage of GDP | +22.7% |
| 2017 | 0.0031 Percentage of GDP | +14.8% |
| 2018 | 0 Percentage of GDP | -100.0% |
| 2019 | 0 Percentage of GDP | — |
| 2020 | 0 Percentage of GDP | — |
| 2021 | 0 Percentage of GDP | — |
| 2022 | 0 Percentage of GDP | — |
| 2023 | 0 Percentage of GDP | — |
| 2024 | 0 Percentage of GDP | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 Percentage of GDP | 0 Percentage of GDP | 0 Percentage of GDP | 10 |
| 2010s | 0.0009 Percentage of GDP | 0 Percentage of GDP | 0.0031 Percentage of GDP | 10 |
| 2020s | 0 Percentage of GDP | 0 Percentage of GDP | 0 Percentage of GDP | 5 |
Countries ranked near Latvia
- 9 Lithuania 0.0429 Percentage of GDP compare
- 9 Canada 0.1589 Percentage of GDP compare
- 10 Croatia 0.0012 Percentage of GDP compare
- 10 Australia 0.156 Percentage of GDP compare
- 11 Estonia 0.0009 Percentage of GDP compare
- 11 OECD 0.155 Percentage of GDP compare
- 12 Spain 0.1427 Percentage of GDP compare
- 13 Russia 0.1121 Percentage of GDP compare
- 14 Brazil 0.1104 Percentage of GDP compare
- 15 New Zealand 0.1077 Percentage of GDP compare
More economy & growth data for Latvia
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- 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) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness 0.1982 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) — 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 r&d tax expenditure and direct government funding of berd — indirect in Latvia?
- R&d tax expenditure and direct government funding of berd — indirect in Latvia was 0 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest r&d tax expenditure and direct government funding of berd — indirect recorded in Latvia?
- The highest recorded value was 0.0031 Percentage of GDP in 2017.
- What is the lowest r&d tax expenditure and direct government funding of berd — indirect recorded in Latvia?
- The lowest recorded value was 0 Percentage of GDP in 2000.
- How does Latvia rank for r&d tax expenditure and direct government funding of berd — indirect?
- Latvia ranks 12th out of 12 countries with data for 2024.
- Is r&d tax expenditure and direct government funding of berd — indirect rising or falling in Latvia?
- Over the last ten years it is down 100.0%. 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 R&D tax expenditure and direct government funding of BERD — Indirect government support through R&D tax incentives (GTARD). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD R&D Tax Incentives database provides a set of indicators that reflect the level and structure of central and subnational government support for business R&D in form of R&D tax incentives and direct funding across OECD member countries and other major economies. This includes time-series indicators of tax expenditures for R&D, based on the latest OECD data collection on tax incentive support for R&D expenditures. Estimates of the cost of R&D tax support at subnational government level are reported whenever such provisions are applicable and relevant data are available. These estimates of the cost of central and subnational R&D tax relief have been combined with data on direct government funding of business expenditure on R&D (BERD), as compiled by National Statistical Offices based on reports from firms, in order to provide a more complete picture of government efforts to promote business R&D. Furthermore, these estimates are combined with data on Government budget allocations for R&D (GBARD) in the broader context of overall budgetary support for R&D activities undertaken by governments. Government budget allocations for R&D include direct funding provided to all sectors, including contributions to R&D programmes abroad. OECD (2019) provides a practical guide to using the OECD R&D Tax Incentives database, describing the R&D tax incentive time series data and highlighting their potential for internationally comparative work through descriptive indicators and econometric analysis.