Government revenue in Latvia in 2024 — 33.86%. Ranked 27 in the world out of 89. Since 1994, the indicator has risen by 16.86 pp.
1994–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Latvia
| Year | % | Change, pp |
|---|---|---|
| 2024 | 33.86 | +1.9 pp |
| 2023 | 31.96 | +1.04 pp |
| 2022 | 30.92 | +0.12 pp |
| 2021 | 30.8 | −0.55 pp |
| 2020 | 31.35 | +1.71 pp |
| 2019 | 29.65 | +0.15 pp |
| 2018 | 29.5 | −0.09 pp |
| 2017 | 29.58 | −0.27 pp |
| 2016 | 29.86 | +1.04 pp |
| 2015 | 28.81 | −0.15 pp |
| 2014 | 28.96 | +0.17 pp |
| 2013 | 28.79 | −0 pp |
| 2012 | 28.79 | +0.24 pp |
| 2011 | 28.55 | +1.25 pp |
| 2010 | 27.3 | −0.21 pp |
| 2009 | 27.52 | +0.76 pp |
| 2008 | 26.76 | −0.88 pp |
| 2007 | 27.64 | −1.22 pp |
| 2006 | 28.86 | +1.83 pp |
| 2005 | 27.03 | +0.02 pp |
| 2004 | 27.01 | +0.17 pp |
| 2003 | 26.84 | −0.24 pp |
| 2002 | 27.08 | +0.3 pp |
| 2001 | 26.78 | −1.38 pp |
| 2000 | 28.16 | −2.56 pp |
| 1999 | 30.72 | −0.87 pp |
| 1998 | 31.59 | +0.45 pp |
| 1997 | 31.14 | +3.85 pp |
| 1996 | 27.29 | −0.81 pp |
| 1995 | 28.1 | +11.11 pp |
| 1994 | 17 | — |
The same indicator for neighboring countries — with links to their pages
Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.
Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Budget balanceThe budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.
Public Finance Tax revenue (% of GDP)Taxes collected as a percent of GDP — the fiscal capacity of the state.
Public Finance Government debtGross general government debt as a percent of GDP.
