Tax Revenue (Local Currency) rose 8.41% to EUR 5.96 bil in Latvia in 2016

Tax Revenue (Local Currency) (EUR bil)
Economy | Latvia | May 17, 2019
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Tax revenue reached 5.96 EUR bil in 2016 in Latvia, according to the National Statistical Office. This is 8.41 % more than in the previous year.

Historically, tax revenue in Latvia reached an all time high of 5.96 EUR bil in 2016 and an all time low of 0.440 EUR bil in 1994. When compared to Latvia's main peers, tax revenue in Belarus amounted to 13.1 BYR bil, 4.73 EUR bil in Estonia, 6.58 EUR bil in Lithuania and 7,862 RUB bil in Russia in 2016.

Latvia has been ranked 101st within the group of 112 countries we follow in terms of tax revenue, 5 places above the position seen 10 years ago.

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

Tax Revenue (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belarus BYR bil 4.46 8.03 8.96 10.2 12.7
China CNY bil 5,032 5,524 5,875 6,229 6,459 ...
Estonia EUR bil 3.21 3.57 3.81 4.16 4.47
Finland EUR bil 39.6 40.5 42.2 42.7 43.3
Germany EUR bil 309 319 326 336 346
Japan JPY bil 45,980 47,924 52,132 58,938 60,696
Latvia EUR bil 4.07 4.62 4.95 5.21 5.50
Lithuania EUR bil 4.85 5.19 5.47 5.79 6.23
Poland PLN bil 262 260 258 267 281
Russia RUB bil 8,388 9,367 9,440 10,476 8,842
USA UYU bil 1,488 1,587 1,766 1,919 2,041
Ukraine UAH bil 241 257 257 274 407