Latvia vs Lebanon: Taxes on goods and services
Latvia
16.7%
in 2024
Lebanon
17.0%
in 2024
Latvia rank
17th
Lebanon rank
15th
Taxes on goods and services over time
- Latvia
- Lebanon
How they compare
Lebanon currently reports 17.0% against 16.7% in Latvia, a difference of 0.3%.
The two have swapped places 1 time across 23 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 17th and Lebanon ranks 15th of 154 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.3% | 9.4% | 3.9% | Latvia |
| 2010s | 15.9% | 8.1% | 7.8% | Latvia |
| 2020s | 16.8% | 7.5% | 9.3% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Latvia or Lebanon?
- Lebanon, at 17.0% against 16.7% in Latvia as of 2024.
- What is the difference in taxes on goods and services between Latvia and Lebanon?
- 0.3%, with Lebanon ahead.
- How many years of comparable data are there for Latvia and Lebanon?
- 23 years are reported by both, from 2000 to 2024.
- How do Latvia and Lebanon rank globally for taxes on goods and services?
- Latvia ranks 17th and Lebanon ranks 15th of 154 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.