Latvia vs Uruguay: Tax revenue
Latvia
17.6%
in 2024
Uruguay
17.9%
in 2024
Latvia rank
71st
Uruguay rank
70th
Tax revenue over time
- Latvia
- Uruguay
How they compare
Uruguay currently reports 17.9% against 17.6% in Latvia, a difference of 0.3%.
The two have swapped places 2 times across 31 shared years of data; in 1994 it was Uruguay ahead.
Latvia ranks 71st and Uruguay ranks 70th of 157 countries.
Uruguay has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latvia | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.5% | 17.1% | 2.5% | Uruguay |
| 2000s | 15.1% | 17.2% | 2.1% | Uruguay |
| 2010s | 16.0% | 18.2% | 2.2% | Uruguay |
| 2020s | 16.8% | 18.2% | 1.4% | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Latvia or Uruguay?
- Uruguay, at 17.9% against 17.6% in Latvia as of 2024.
- What is the difference in tax revenue between Latvia and Uruguay?
- 0.3%, with Uruguay ahead.
- How many years of comparable data are there for Latvia and Uruguay?
- 31 years are reported by both, from 1994 to 2024.
- How do Latvia and Uruguay rank globally for tax revenue?
- Latvia ranks 71st and Uruguay ranks 70th 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.