Hungary vs Latvia: Taxes on goods and services (% of revenue)
Hungary
37.1%
in 2024
Latvia
38.9%
in 2024
Hungary rank
48th
Latvia rank
45th
Taxes on goods and services (% of revenue) over time
- Hungary
- Latvia
How they compare
Latvia currently reports 38.9% against 37.1% in Hungary, a difference of 1.8%.
Across all 31 years both countries report, Latvia has been ahead every year.
Hungary ranks 48th and Latvia ranks 45th of 156 countries.
Latvia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hungary | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.7% | 39.8% | 9.2% | Latvia |
| 2000s | 35.0% | 40.4% | 5.4% | Latvia |
| 2010s | 37.0% | 42.8% | 5.8% | Latvia |
| 2020s | 38.4% | 41.8% | 3.3% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Hungary or Latvia?
- Latvia, at 38.9% against 37.1% in Hungary as of 2024.
- What is the difference in taxes on goods and services between Hungary and Latvia?
- 1.8%, with Latvia ahead.
- How many years of comparable data are there for Hungary and Latvia?
- 31 years are reported by both, from 1994 to 2024.
- How do Hungary and Latvia rank globally for taxes on goods and services?
- Hungary ranks 48th and Latvia ranks 45th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.