Azerbaijan vs Latvia: Tax revenue
Azerbaijan
17.3%
in 2024
Latvia
17.6%
in 2024
Azerbaijan rank
74th
Latvia rank
71st
Tax revenue over time
- Azerbaijan
- Latvia
How they compare
Latvia currently reports 17.6% against 17.3% in Azerbaijan, a difference of 0.3%.
The two have swapped places 5 times across 23 shared years of data; in 1994 it was Azerbaijan ahead.
Azerbaijan ranks 74th and Latvia ranks 71st of 157 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | Azerbaijan | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.9% | 14.5% | 0.4% | Azerbaijan |
| 2000s | 15.3% | 14.4% | 0.8% | Azerbaijan |
| 2010s | 13.5% | 16.0% | 2.5% | Latvia |
| 2020s | 15.8% | 16.8% | 1.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Azerbaijan or Latvia?
- Latvia, at 17.6% against 17.3% in Azerbaijan as of 2024.
- What is the difference in tax revenue between Azerbaijan and Latvia?
- 0.3%, with Latvia ahead.
- How many years of comparable data are there for Azerbaijan and Latvia?
- 23 years are reported by both, from 1994 to 2024.
- How do Azerbaijan and Latvia rank globally for tax revenue?
- Azerbaijan ranks 74th and Latvia ranks 71st of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.