Taxes less subsidies on products (current US$), annual growth rate in Latvia
Latvia: Taxes less subsidies on products (current US$), annual growth rate was 12.94 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 12.94 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2025.
That represents a change of up 45.9% on the previous year and up 203.6% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Latvia peaked at 39.4 % change on previous year in 2007 and was at its lowest, -25.97 % change on previous year, in 2009.
That places Latvia 63rd out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 2.19 % change on previous year | — |
| 1997 | 10.44 % change on previous year | +377.0% |
| 1998 | 15.48 % change on previous year | +48.3% |
| 1999 | -3.38 % change on previous year | -121.8% |
| 2000 | 2.73 % change on previous year | -180.9% |
| 2001 | 0.5199 % change on previous year | -81.0% |
| 2002 | 11.96 % change on previous year | +2200.3% |
| 2003 | 29.16 % change on previous year | +143.8% |
| 2004 | 21.2 % change on previous year | -27.3% |
| 2005 | 27.88 % change on previous year | +31.5% |
| 2006 | 31.3 % change on previous year | +12.3% |
| 2007 | 39.4 % change on previous year | +25.9% |
| 2008 | 3.96 % change on previous year | -90.0% |
| 2009 | -25.97 % change on previous year | -755.9% |
| 2010 | -0.0275 % change on previous year | -99.9% |
| 2011 | 19.45 % change on previous year | -70753.5% |
| 2012 | 2.82 % change on previous year | -85.5% |
| 2013 | 11.26 % change on previous year | +298.9% |
| 2014 | 4.15 % change on previous year | -63.1% |
| 2015 | -12.49 % change on previous year | -401.0% |
| 2016 | 7.89 % change on previous year | -163.2% |
| 2017 | 8.69 % change on previous year | +10.2% |
| 2018 | 17.9 % change on previous year | +105.9% |
| 2019 | -2.49 % change on previous year | -113.9% |
| 2020 | -1.03 % change on previous year | -58.7% |
| 2021 | 13.33 % change on previous year | -1397.5% |
| 2022 | -3.67 % change on previous year | -127.6% |
| 2023 | 7.37 % change on previous year | -300.7% |
| 2024 | 8.87 % change on previous year | +20.3% |
| 2025 | 12.94 % change on previous year | +45.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.18 % change on previous year | -3.38 % change on previous year | 15.48 % change on previous year | 4 |
| 2000s | 14.21 % change on previous year | -25.97 % change on previous year | 39.4 % change on previous year | 10 |
| 2010s | 5.72 % change on previous year | -12.49 % change on previous year | 19.45 % change on previous year | 10 |
| 2020s | 6.3 % change on previous year | -3.67 % change on previous year | 13.33 % change on previous year | 6 |
Countries ranked near Latvia
- 60 Guinea 13.46 % change on previous year compare
- 61 Austria 13.45 % change on previous year compare
- 62 Côte d'Ivoire 13.13 % change on previous year compare
- 64 Kosovo 12.75 % change on previous year compare
- 65 Estonia 12.66 % change on previous year compare
- 66 Faroe Islands 12.6 % change on previous year compare
More economy & growth data for Latvia
- Gross capital formation (current US$), annual growth rate 23.84 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2406 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 6,330 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 18.62 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.2129 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,601 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 18.33 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2098 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,519 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 11.67 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Latvia?
- Taxes less subsidies on products (current us$), annual growth rate in Latvia was 12.94 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Latvia?
- The highest recorded value was 39.4 % change on previous year in 2007.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Latvia?
- The lowest recorded value was -25.97 % change on previous year in 2009.
- How does Latvia rank for taxes less subsidies on products (current us$), annual growth rate?
- Latvia ranks 63rd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 203.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.