Tax revenue as share of GDP in Latvia

Latvia: Tax revenue as share of GDP was 30.4% in 2017. ▬ Flat

Latest (2017)
30.4%
Change on year
up 0.1%
World rank
31st
of 77 countries
All-time high
31.2%
in 1998
All-time low
27.5%
in 2003
Years of data
23
1995–2017

Tax revenue as share of GDP in Latvia, 1995–2017

01020301995200620171995: 29.7 %1996: 29.2 %1997: 30.3 %1998: 31.2 %1999: 30.3 %2000: 29.1 %2001: 28.2 %2002: 27.8 %2003: 27.5 %2004: 27.7 %2005: 27.9 %2006: 28.7 %2007: 28.2 %2008: 27.8 %2009: 28 %2010: 28.2 %2011: 27.8 %2012: 28.6 %2013: 28.6 %2014: 29 %2015: 29.2 %2016: 30.4 %2017: 30.4 %

Source: OECD (2018) – processed by Our World in Data. Measured in %.

Analysis

Latvia recorded 30.4% for tax revenue as share of gdp in 2017.

Compared with earlier readings it is up 0.1% on the previous year and up 7.8% over ten years.

Over the whole period, tax revenue as share of gdp in Latvia peaked at 31.2% in 1998 and was at its lowest, 27.5%, in 2003.

Latvia ranks 31st of 77 countries on this measure, in the middle of the range.

Tax revenue as share of GDP in Latvia, year by year

Annual values for Tax revenue as share of GDP in Latvia, 1995 to 2017.
Year % Change
1995 29.7%
1996 29.2% -1.8%
1997 30.3% +3.7%
1998 31.2% +3.2%
1999 30.3% -3.1%
2000 29.1% -3.7%
2001 28.2% -3.3%
2002 27.8% -1.1%
2003 27.5% -1.4%
2004 27.7% +0.7%
2005 27.9% +1.0%
2006 28.7% +2.9%
2007 28.2% -1.8%
2008 27.8% -1.5%
2009 28.0% +0.7%
2010 28.2% +0.9%
2011 27.8% -1.4%
2012 28.6% +2.8%
2013 28.6% +0.2%
2014 29.0% +1.1%
2015 29.2% +0.8%
2016 30.4% +3.9%
2017 30.4% +0.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 30.1% 29.2% 31.2% 5
2000s 28.1% 27.5% 29.1% 10
2010s 29.0% 27.8% 30.4% 8

Countries ranked near Latvia

  1. 28 Barbados 31.8% compare
  2. 29 Uruguay 30.9% compare
  3. 30 Japan 30.6% compare
  4. 32 Argentina 30.3% compare
  5. 33 Tunisia 29.4% compare
  6. 34 South Africa 28.6% compare

See the full ranking of 77 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is tax revenue as share of gdp in Latvia?
Tax revenue as share of gdp in Latvia was 30.4% in 2017, according to OECD (2018) – processed by Our World in Data.
What is the highest tax revenue as share of gdp recorded in Latvia?
The highest recorded value was 31.2% in 1998.
What is the lowest tax revenue as share of gdp recorded in Latvia?
The lowest recorded value was 27.5% in 2003.
How does Latvia rank for tax revenue as share of gdp?
Latvia ranks 31st out of 77 countries with data for 2017.
Is tax revenue as share of gdp rising or falling in Latvia?
Over the last ten years it is up 7.8%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from OECD (2018) – processed by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.

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Tax revenue as share of GDP in Latvia. Statizoid, drawing on OECD (2018) – processed by Our World in Data. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/tax-revenue-share-gdp-oecd-grsd/latvia/

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About this data

Indicator
Tax revenue as share of GDP
Unit
%
Source
OECD (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
77 places, 1,982 data points, 1990–2017
Last refreshed

The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.