Finland vs Latvia: Taxes on income, profits, and capital gains, Ratio of this level of

Finland
0.3531
in 2020
Latvia
0.288
in 2020
Finland rank
74th
Latvia rank
76th

Taxes on income, profits, and capital gains, Ratio of this level of over time

  • Finland
  • Latvia
00.20.40.6199520072020

How they compare

Finland currently reports 0.3531 against 0.288 in Latvia, a difference of 0.0651.

That makes Finland's figure about 1.2 times Latvia's.

The two have swapped places 4 times across 26 shared years of data; in 1995 it was Finland ahead.

Finland ranks 74th and Latvia ranks 76th of 80 countries.

Finland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Finland Latvia Difference Ahead
1990s 0.4497 0.3906 0.0591 Finland
2000s 0.4773 0.4429 0.0344 Finland
2010s 0.3839 0.3429 0.041 Finland
2020s 0.3531 0.288 0.0651 Finland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits, and capital gains, ratio of this level of, Finland or Latvia?
Finland, at 0.3531 against 0.288 in Latvia as of 2020.
What is the difference in taxes on income, profits, and capital gains, ratio of this level of between Finland and Latvia?
0.0651, with Finland ahead.
How many years of comparable data are there for Finland and Latvia?
26 years are reported by both, from 1995 to 2020.
How do Finland and Latvia rank globally for taxes on income, profits, and capital gains, ratio of this level of?
Finland ranks 74th and Latvia ranks 76th of 80 countries.
Where does this data come from?
International Monetary Fund, published as Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Finland vs Latvia: Taxes on income, profits, and capital gains, Ratio of this level of. Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-ratio-of-this-level-of-government-s-revenue/finland/latvia/

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About this data

Indicator
Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
80 places, 1,620 data points, 1972–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.