Cyprus vs Latvia: Taxes, Transactions

Cyprus
8.93 billion
in 2025
Latvia
9.60 billion
in 2024
Cyprus rank
34th
Latvia rank
33rd

Taxes, Transactions over time

  • Cyprus
  • Latvia
2.0B4.0B6.0B8.0B10.0B199920122025

How they compare

Latvia currently reports 9.60 billion against 8.93 billion in Cyprus, a difference of 670.06 million.

That makes Latvia's figure about 1.1 times Cyprus's.

The two have swapped places 1 time across 26 shared years of data; in 1999 it was Cyprus ahead.

Cyprus ranks 34th and Latvia ranks 33rd of 35 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 1.92 billion 1.30 billion 614.94 million Cyprus
2000s 3.59 billion 2.74 billion 850.70 million Cyprus
2010s 4.78 billion 5.16 billion 377.10 million Latvia
2020s 6.84 billion 7.99 billion 1.16 billion Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes, transactions, Cyprus or Latvia?
Latvia, at 9.60 billion against 8.93 billion in Cyprus as of 2024.
What is the difference in taxes, transactions between Cyprus and Latvia?
670.06 million, with Latvia ahead.
How many years of comparable data are there for Cyprus and Latvia?
26 years are reported by both, from 1999 to 2024.
How do Cyprus and Latvia rank globally for taxes, transactions?
Cyprus ranks 34th and Latvia ranks 33rd of 35 countries.
Where does this data come from?
International Monetary Fund, published as Taxes, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Cyprus vs Latvia: Taxes, Transactions. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/taxes-transactions-statement-of-operations-general-government/cyprus/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/taxes-transactions-statement-of-operations-general-government/cyprus/latvia/">Cyprus vs Latvia: Taxes, Transactions</a> — Statizoid

About this data

Indicator
Taxes, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
35 places, 879 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.