Revenue from corporate income taxes as a share of GDP in Latvia
Latvia: Revenue from corporate income taxes as a share of GDP was 1.6% in 2017. ▼ Falling
Revenue from corporate income taxes as a share of GDP in Latvia, 1994–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2017, revenue from corporate income taxes as a share of gdp in Latvia stood at 1.6%.
Compared with earlier readings it is down 6.7% on the previous year and down 37.4% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Latvia peaked at 3.6% in 1994 and was at its lowest, 1.0%, in 2010.
Latvia ranks 131st of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Revenue from corporate income taxes as a share of GDP in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 3.6% | — |
| 1995 | 1.7% | -54.0% |
| 1996 | 1.7% | +4.6% |
| 1997 | 2.1% | +19.0% |
| 1998 | 2.2% | +4.1% |
| 1999 | 2.0% | -8.7% |
| 2000 | 1.5% | -22.3% |
| 2001 | 1.9% | +22.6% |
| 2002 | 2.0% | +4.0% |
| 2003 | 1.4% | -25.9% |
| 2004 | 1.7% | +15.8% |
| 2005 | 1.9% | +13.1% |
| 2006 | 2.1% | +12.0% |
| 2007 | 2.5% | +18.8% |
| 2008 | 3.0% | +18.3% |
| 2009 | 1.6% | -48.0% |
| 2010 | 1.0% | -36.9% |
| 2011 | 1.4% | +43.3% |
| 2012 | 1.6% | +15.3% |
| 2013 | 1.6% | +0.4% |
| 2014 | 1.5% | -5.1% |
| 2015 | 1.6% | +3.8% |
| 2016 | 1.7% | +6.0% |
| 2017 | 1.6% | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2% | 1.7% | 3.6% | 6 |
| 2000s | 2.0% | 1.4% | 3.0% | 10 |
| 2010s | 1.5% | 1.0% | 1.7% | 8 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Latvia?
- Revenue from corporate income taxes as a share of gdp in Latvia was 1.6% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Latvia?
- The highest recorded value was 3.6% in 1994.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Latvia?
- The lowest recorded value was 1.0% in 2010.
- How does Latvia rank for revenue from corporate income taxes as a share of gdp?
- Latvia ranks 131st out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Latvia?
- Over the last ten years it is down 37.4%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.