R&D tax expenditure and direct government funding of BERD — Sum of in Latvia
Latvia: R&D tax expenditure and direct government funding of BERD — Sum of was 0.0143 Percentage of GDP in 2024. ◆ Volatile
R&D tax expenditure and direct government funding of BERD — Sum of in Latvia, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, r&d tax expenditure and direct government funding of berd — sum of in Latvia stood at 0.0143 Percentage of GDP.
Compared with earlier readings it is up 11.7% on the previous year and up 240.5% over ten years.
Over the whole period, r&d tax expenditure and direct government funding of berd — sum of in Latvia peaked at 0.0348 Percentage of GDP in 2002 and was at its lowest, 0.0027 Percentage of GDP, in 2013.
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 — Sum of in Latvia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.0106 Percentage of GDP | — |
| 2001 | 0.0078 Percentage of GDP | -26.4% |
| 2002 | 0.0348 Percentage of GDP | +346.2% |
| 2003 | 0.0207 Percentage of GDP | -40.5% |
| 2004 | 0.0064 Percentage of GDP | -69.1% |
| 2005 | 0.0284 Percentage of GDP | +343.8% |
| 2006 | 0.0096 Percentage of GDP | -66.2% |
| 2007 | 0.0056 Percentage of GDP | -41.7% |
| 2008 | 0.0049 Percentage of GDP | -12.5% |
| 2009 | 0.0062 Percentage of GDP | +26.5% |
| 2010 | 0.008 Percentage of GDP | +29.0% |
| 2011 | 0.0089 Percentage of GDP | +11.2% |
| 2012 | 0.0071 Percentage of GDP | -20.2% |
| 2013 | 0.0027 Percentage of GDP | -62.0% |
| 2014 | 0.0042 Percentage of GDP | +55.6% |
| 2015 | 0.0047 Percentage of GDP | +11.9% |
| 2016 | 0.0056 Percentage of GDP | +19.1% |
| 2017 | 0.0119 Percentage of GDP | +112.5% |
| 2018 | 0.006 Percentage of GDP | -49.6% |
| 2019 | 0.0064 Percentage of GDP | +6.7% |
| 2020 | 0.0131 Percentage of GDP | +104.7% |
| 2021 | 0.0062 Percentage of GDP | -52.7% |
| 2022 | 0.008 Percentage of GDP | +29.0% |
| 2023 | 0.0128 Percentage of GDP | +60.0% |
| 2024 | 0.0143 Percentage of GDP | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0135 Percentage of GDP | 0.0049 Percentage of GDP | 0.0348 Percentage of GDP | 10 |
| 2010s | 0.0066 Percentage of GDP | 0.0027 Percentage of GDP | 0.0119 Percentage of GDP | 10 |
| 2020s | 0.0109 Percentage of GDP | 0.0062 Percentage of GDP | 0.0143 Percentage of GDP | 5 |
Countries ranked near Latvia
- 8 Estonia 0.1206 Percentage of GDP compare
- 8 China 0.2891 Percentage of GDP compare
- 9 OECD 0.2568 Percentage of GDP compare
- 10 Lithuania 0.0463 Percentage of GDP compare
- 10 Japan 0.2269 Percentage of GDP compare
- 11 Spain 0.2249 Percentage of GDP compare
- 12 Croatia 0.0118 Percentage of GDP compare
- 12 Ireland 0.2156 Percentage of GDP compare
- 13 Canada 0.2102 Percentage of GDP compare
- 14 Australia 0.1901 Percentage of GDP compare
More economy & growth data for Latvia
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- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
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- 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 — sum of in Latvia?
- R&d tax expenditure and direct government funding of berd — sum of in Latvia was 0.0143 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 — sum of recorded in Latvia?
- The highest recorded value was 0.0348 Percentage of GDP in 2002.
- What is the lowest r&d tax expenditure and direct government funding of berd — sum of recorded in Latvia?
- The lowest recorded value was 0.0027 Percentage of GDP in 2013.
- How does Latvia rank for r&d tax expenditure and direct government funding of berd — sum of?
- Latvia ranks 11th out of 12 countries with data for 2024.
- Is r&d tax expenditure and direct government funding of berd — sum of rising or falling in Latvia?
- Over the last ten years it is up 240.5%. 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 — Sum of tax incentive support for business R&D (GTARD) and government-financed BERD. Statizoid updates them automatically from the source API.
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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.