Tax revenue as share of GDP in Latvia
Latvia: Tax revenue as share of GDP was 31.9% in 2023. ▲ Rising
Tax revenue as share of GDP in Latvia, 1994–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for tax revenue as share of gdp in Latvia is 31.9%, measured in 2023. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 3.6% on the previous year and up 8.3% over ten years.
Over the whole period, tax revenue as share of gdp in Latvia peaked at 31.9% in 2023 and was at its lowest, 27.4%, in 2003.
That places Latvia 35th out of 192 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Tax revenue as share of GDP in Latvia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 30.9% | — |
| 1995 | 29.7% | -3.8% |
| 1996 | 29.2% | -1.8% |
| 1997 | 30.3% | +3.7% |
| 1998 | 31.3% | +3.3% |
| 1999 | 30.2% | -3.2% |
| 2000 | 29.1% | -4.0% |
| 2001 | 28.1% | -3.2% |
| 2002 | 27.8% | -1.1% |
| 2003 | 27.4% | -1.5% |
| 2004 | 27.5% | +0.5% |
| 2005 | 27.8% | +0.9% |
| 2006 | 28.6% | +2.8% |
| 2007 | 28.2% | -1.3% |
| 2008 | 27.8% | -1.3% |
| 2009 | 28.1% | +0.9% |
| 2010 | 28.5% | +1.7% |
| 2011 | 29.1% | +2.1% |
| 2012 | 29.1% | -0.1% |
| 2013 | 29.4% | +1.1% |
| 2014 | 29.7% | +1.0% |
| 2015 | 29.8% | +0.3% |
| 2016 | 30.7% | +3.2% |
| 2017 | 31.1% | +1.2% |
| 2018 | 31.1% | -0.1% |
| 2019 | 31.0% | -0.1% |
| 2020 | 31.1% | +0.4% |
| 2021 | 30.7% | -1.2% |
| 2022 | 30.8% | +0.1% |
| 2023 | 31.9% | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.3% | 29.2% | 31.3% | 6 |
| 2000s | 28.0% | 27.4% | 29.1% | 10 |
| 2010s | 30.0% | 28.5% | 31.1% | 10 |
| 2020s | 31.1% | 30.7% | 31.9% | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Total reserves minus gold (current US$), annual growth rate 12.7 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1062 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,795 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.59 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.229 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,027 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 11.68 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.2027 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 5,333 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 6.98 % change on previous year (2025)
Frequently asked questions
- What is tax revenue as share of gdp in Latvia?
- Tax revenue as share of gdp in Latvia was 31.9% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Latvia?
- The highest recorded value was 31.9% in 2023.
- What is the lowest tax revenue as share of gdp recorded in Latvia?
- The lowest recorded value was 27.4% in 2003.
- How does Latvia rank for tax revenue as share of gdp?
- Latvia ranks 35th out of 192 countries with data for 2023.
- Is tax revenue as share of gdp rising or falling in Latvia?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Direct and indirect taxes as well as social contributions included.