Iceland vs Latvia: Subnational government revenue

Iceland
43.43 Percentage of GDP
in 2024
Latvia
43.51 Percentage of GDP
in 2024
Iceland rank
15th
Latvia rank
14th

Subnational government revenue over time

  • Iceland
  • Latvia
0204060200020122024

How they compare

Latvia currently reports 43.51 Percentage of GDP against 43.43 Percentage of GDP in Iceland, a difference of 0.08 Percentage of GDP.

The two have swapped places 1 time across 25 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 15th and Latvia ranks 14th of 36 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Latvia Difference Ahead
2000s 47.23 Percentage of GDP 35.34 Percentage of GDP 11.88 Percentage of GDP Iceland
2010s 45.3 Percentage of GDP 38.9 Percentage of GDP 6.4 Percentage of GDP Iceland
2020s 42.19 Percentage of GDP 40.69 Percentage of GDP 1.5 Percentage of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher subnational government revenue, Iceland or Latvia?
Latvia, at 43.51 Percentage of GDP against 43.43 Percentage of GDP in Iceland as of 2024.
What is the difference in subnational government revenue between Iceland and Latvia?
0.08 Percentage of GDP, with Latvia ahead.
How many years of comparable data are there for Iceland and Latvia?
25 years are reported by both, from 2000 to 2024.
How do Iceland and Latvia rank globally for subnational government revenue?
Iceland ranks 15th and Latvia ranks 14th of 36 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Subnational government revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Subnational government revenue. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 29 August 2026, from https://public-sector.statizoid.com/compare/subnational-government-revenue/iceland/latvia/

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About this data

Indicator
Subnational government revenue
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
42 places, 1,036 data points, 2000–2024
Last refreshed

This dataset includes subnational government revenue expressed in several units of measures: USD PPP, USD PPP per capita, percentage of GDP, and percentage of total public revenue. The Subnational Government Structure and Finance Dashboard compiles several datasets with comparable data on institutional organisation and public finance at subnational government level. It provides data for the time period 2000 - 2024 (based on data availability), for all 38 OECD member countries, and the average for the European Union. It includes data for the subnational government sector, for both state and local government levels for some federal countries. The data for the latest year available is also available in PDF format and via an Interactive dashboard.