Cyprus vs Latvia: Taxes on goods and services (current LCU), annual growth rate

Cyprus
5.05 % change on previous year
in 2024
Latvia
4.97 % change on previous year
in 2024
Cyprus rank
110th
Latvia rank
111th

Taxes on goods and services (current LCU), annual growth rate over time

  • Cyprus
  • Latvia
050100197319982024

How they compare

Cyprus currently reports 5.05 % change on previous year against 4.97 % change on previous year in Latvia, a difference of 0.08 % change on previous year.

The two have swapped places 9 times across 30 shared years of data; in 1995 it was Latvia ahead.

Cyprus ranks 110th and Latvia ranks 111th of 156 countries.

Across the 4 decades both report, Cyprus averaged higher in 2 and Latvia in 2.

Head to head by decade

Decade Cyprus Latvia Difference Ahead
1990s 7.65 % change on previous year 35.9 % change on previous year 28.26 % change on previous year Latvia
2000s 11.67 % change on previous year 11.48 % change on previous year 0.1878 % change on previous year Cyprus
2010s 2.65 % change on previous year 7.71 % change on previous year 5.07 % change on previous year Latvia
2020s 7.44 % change on previous year 6.32 % change on previous year 1.12 % change on previous year Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services (current lcu), annual growth rate, Cyprus or Latvia?
Cyprus, at 5.05 % change on previous year against 4.97 % change on previous year in Latvia as of 2024.
What is the difference in taxes on goods and services (current lcu), annual growth rate between Cyprus and Latvia?
0.08 % change on previous year, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Latvia?
30 years are reported by both, from 1995 to 2024.
How do Cyprus and Latvia rank globally for taxes on goods and services (current lcu), annual growth rate?
Cyprus ranks 110th and Latvia ranks 111th of 156 countries.
Where does this data come from?
Statizoid (derived), published as Taxes on goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: Taxes on goods and services (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-current-lcu-annual-growth-rate/cyprus/latvia/

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About this data

Indicator
Taxes on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,397 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.