Taxes on goods and services gdp in Latvia
Latvia: Taxes on goods and services gdp was 13.35 in 2023. ▲ Rising
Latest (2023)
13.35
Change on year
down 1.6%
World rank
25th
of 186 countries
All-time high
13.9
in 2018
All-time low
10.35
in 2002
Years of data
29
1995–2023
Taxes on goods and services gdp in Latvia, 1995–2023
Source: Our World in Data.
Analysis
The most recent figure for taxes on goods and services gdp in Latvia is 13.35, measured in 2023.
Compared with earlier readings it is down 1.6% on the previous year and up 6.0% over ten years.
Over the whole period, taxes on goods and services gdp in Latvia peaked at 13.9 in 2018 and was at its lowest, 10.35, in 2002.
That places Latvia 25th out of 186 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes on goods and services gdp in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 10.67 | — |
| 1996 | 10.73 | +0.5% |
| 1997 | 11.23 | +4.7% |
| 1998 | 12.05 | +7.3% |
| 1999 | 11.28 | -6.4% |
| 2000 | 11.1 | -1.6% |
| 2001 | 10.49 | -5.5% |
| 2002 | 10.35 | -1.4% |
| 2003 | 10.89 | +5.3% |
| 2004 | 10.96 | +0.6% |
| 2005 | 11.77 | +7.4% |
| 2006 | 12.12 | +2.9% |
| 2007 | 11.52 | -4.9% |
| 2008 | 10.41 | -9.7% |
| 2009 | 11.35 | +9.0% |
| 2010 | 11.93 | +5.2% |
| 2011 | 12.04 | +0.9% |
| 2012 | 12.14 | +0.8% |
| 2013 | 12.59 | +3.7% |
| 2014 | 12.87 | +2.2% |
| 2015 | 13.05 | +1.4% |
| 2016 | 13.57 | +4.0% |
| 2017 | 13.48 | -0.6% |
| 2018 | 13.9 | +3.1% |
| 2019 | 13.9 | -0.0% |
| 2020 | 13.56 | -2.5% |
| 2021 | 13.33 | -1.7% |
| 2022 | 13.56 | +1.7% |
| 2023 | 13.35 | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.19 | 10.67 | 12.05 | 5 |
| 2000s | 11.09 | 10.35 | 12.12 | 10 |
| 2010s | 12.95 | 11.93 | 13.9 | 10 |
| 2020s | 13.45 | 13.33 | 13.56 | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross domestic savings (current US$), annual growth rate 8.25 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1948 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 5,125 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 3.69 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.1724 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 4,535 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.91 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9492 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 24,976 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.67 % change on previous year (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Latvia?
- Taxes on goods and services gdp in Latvia was 13.35 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Latvia?
- The highest recorded value was 13.9 in 2018.
- What is the lowest taxes on goods and services gdp recorded in Latvia?
- The lowest recorded value was 10.35 in 2002.
- How does Latvia rank for taxes on goods and services gdp?
- Latvia ranks 25th out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Latvia?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).