Tax Revenue (As % of GDP) fell to 23.4% in Latvia in 2017

Tax Revenue (As % of GDP) (%)
Economy | Latvia | December 1, 2019
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Tax revenue as a share of GDP reached 23.4 % in 2017 in Latvia, according to the National Statistical Office. This is 1.57 % less than in the previous year.

Historically, tax revenue as a share of GDP in Latvia reached an all time high of 23.8 % in 2016 and an all time low of 15.1 % in 1994. When compared to Latvia's main peers, tax revenue as a share of GDP in Belarus amounted to 13.1 %, 21.1 % in Estonia, 16.7 % in Lithuania and 10.3 % in Russia in 2017.

Latvia has been ranked 22nd within the group of 107 countries we follow in terms of tax revenue as a share of GDP, 13 places above the position seen 10 years ago.

Tax revenue refers to compulsory transfers to the central government for public purposes.

Tax Revenue (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belarus % 14.5% 14.7% 13.4% 12.7% 14.2%
China % 10.3% 10.2% 9.87% 9.67% 9.37% ...
Estonia % 19.3% 19.9% 20.1% 20.7% 21.6%
Finland % 20.1% 20.3% 20.7% 20.8% 20.6%
Germany % 11.4% 11.6% 11.6% 11.4% 11.3%
Japan % 9.36% 9.68% 10.4% 11.5% 11.4%
Latvia % 20.1% 21.1% 21.7% 22.1% 22.6%
Lithuania % 15.5% 15.6% 15.6% 15.8% 16.7%
Poland % 16.7% 16.0% 15.6% 15.5% 15.6%
Russia % 13.9% 13.7% 12.9% 13.2% 10.6%
USA % 9.57% 9.80% 10.5% 11.0% 11.2%
Ukraine % 18.5% 18.3% 17.6% 17.3% 20.5%