Share of central government spending funded by taxes in Latvia
Latvia: Share of central government spending funded by taxes was 51.5% in 2023. ▬ Flat
Share of central government spending funded by taxes in Latvia, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
Latvia recorded 51.5% for share of central government spending funded by taxes in 2023.
Compared with earlier readings it is down 0.3% on the previous year and down 5.7% over ten years.
Over the whole period, share of central government spending funded by taxes in Latvia peaked at 60.5% in 2016 and was at its lowest, 40.6%, in 2009.
Latvia ranks 117th of 174 countries on this measure, in the middle of the range.
Share of central government spending funded by taxes in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 53.1% | — |
| 2001 | 56.5% | +6.4% |
| 2002 | 54.1% | -4.3% |
| 2003 | 57.0% | +5.3% |
| 2004 | 55.1% | -3.4% |
| 2005 | 57.1% | +3.8% |
| 2006 | 56.4% | -1.3% |
| 2007 | 59.2% | +5.1% |
| 2008 | 52.3% | -11.8% |
| 2009 | 40.6% | -22.3% |
| 2010 | 43.0% | +5.9% |
| 2011 | 48.0% | +11.6% |
| 2012 | 53.0% | +10.5% |
| 2013 | 54.6% | +3.1% |
| 2014 | 55.1% | +0.9% |
| 2015 | 56.1% | +1.7% |
| 2016 | 60.5% | +7.9% |
| 2017 | 59.9% | -1.0% |
| 2018 | 54.8% | -8.5% |
| 2019 | 57.3% | +4.5% |
| 2020 | 50.4% | -12.1% |
| 2021 | 47.7% | -5.3% |
| 2022 | 51.7% | +8.4% |
| 2023 | 51.5% | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.1% | 40.6% | 59.2% | 10 |
| 2010s | 54.2% | 43.0% | 60.5% | 10 |
| 2020s | 50.3% | 47.7% | 51.7% | 4 |
Countries ranked near Latvia
- 114 Hungary 51.9% compare
- 115 Vanuatu 51.8% compare
- 116 Bosnia and Herzegovina 51.8% compare
- 118 Tajikistan 51.4% compare
- 119 Japan 51.3% compare
- 120 North Macedonia 51.2% compare
More economy & growth data for Latvia
- Exports of goods and services (current LCU), annual growth rate 2.1 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.5538 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 14,570 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.074 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4394 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 11,562 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.57 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2347 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 6,175 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2077 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is share of central government spending funded by taxes in Latvia?
- Share of central government spending funded by taxes in Latvia was 51.5% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Latvia?
- The highest recorded value was 60.5% in 2016.
- What is the lowest share of central government spending funded by taxes recorded in Latvia?
- The lowest recorded value was 40.6% in 2009.
- How does Latvia rank for share of central government spending funded by taxes?
- Latvia ranks 117th out of 174 countries with data for 2023.
- Is share of central government spending funded by taxes rising or falling in Latvia?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.