Australia vs Latvia: Revenue, General government, Percent of GDP

Australia
36.08
in 2031
Latvia
41.33
in 2031
Australia rank
7th
Latvia rank
4th

Revenue, General government, Percent of GDP over time

  • Australia
  • Latvia
010203040198820092031

How they compare

Latvia currently reports 41.33 against 36.08 in Australia, a difference of 5.25.

That makes Latvia's figure about 1.1 times Australia's.

The two have swapped places 2 times across 34 shared years of data; in 1998 it was Latvia ahead.

Australia ranks 7th and Latvia ranks 4th of 26 countries.

Across the 5 decades both report, Australia averaged higher in 1 and Latvia in 4.

Head to head by decade

Decade Australia Latvia Difference Ahead
1990s 35.58 37.16 1.58 Latvia
2000s 35.41 34.33 1.08 Australia
2010s 33.72 37.74 4.02 Latvia
2020s 36.04 40.59 4.55 Latvia
2030s 36.08 41.33 5.25 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher revenue, general government, percent of gdp, Australia or Latvia?
Latvia, at 41.33 against 36.08 in Australia as of 2031.
What is the difference in revenue, general government, percent of gdp between Australia and Latvia?
5.25, with Latvia ahead.
How many years of comparable data are there for Australia and Latvia?
34 years are reported by both, from 1998 to 2031.
How do Australia and Latvia rank globally for revenue, general government, percent of gdp?
Australia ranks 7th and Latvia ranks 4th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Revenue, General government, Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latvia: Revenue, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 14 September 2026, from https://public-sector.statizoid.com/compare/revenue-general-government-percent-of-gdp-9-26-2025/australia/latvia/

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About this data

Indicator
Revenue, General government, Percent of GDP (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,067 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.