Tax revenue as share of GDP vs. GDP per capita in Latvia
Latvia: Tax revenue as share of GDP vs. GDP per capita was 31.9% in 2023. ▲ Rising
Tax revenue as share of GDP vs. GDP per capita in Latvia, 1994–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Latvia recorded 31.9% for tax revenue as share of gdp vs. gdp per capita 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 vs. gdp per capita in Latvia peaked at 31.9% in 2023 and was at its lowest, 27.4%, in 2003.
That places Latvia 35th out of 187 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 vs. GDP per capita 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
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 14,960 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.64 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4253 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 11,190 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
Frequently asked questions
- What is tax revenue as share of gdp vs. gdp per capita in Latvia?
- Tax revenue as share of gdp vs. gdp per capita 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 vs. gdp per capita recorded in Latvia?
- The highest recorded value was 31.9% in 2023.
- What is the lowest tax revenue as share of gdp vs. gdp per capita recorded in Latvia?
- The lowest recorded value was 27.4% in 2003.
- How does Latvia rank for tax revenue as share of gdp vs. gdp per capita?
- Latvia ranks 35th out of 187 countries with data for 2023.
- Is tax revenue as share of gdp vs. gdp per capita 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 vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Taxes include direct and indirect taxes as well as social contributions. GDP per capita is adjusted for inflation and differences in living costs between countries.