Revenue, General government, Domestic currency (9/26/2025) in Latvia
Latvia: Revenue, General government, Domestic currency (9/26/2025) was 24.37 billion in 2031. ◆ Volatile
Revenue, General government, Domestic currency in Latvia, 1998–2031
Source: International Monetary Fund.
Analysis
Latvia recorded 24.37 billion for revenue, general government, domestic currency in 2031. That is the highest value across all 34 years on record.
The figure is up 5.0% on the previous year and up 94.2% over ten years.
Over the whole period, revenue, general government, domestic currency in Latvia peaked at 24.37 billion in 2031 and was at its lowest, 2.19 billion, in 1998.
Latvia ranks 23rd of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, General government, Domestic currency (9/26/2025) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 2.19 billion | — |
| 1999 | 2.25 billion | +2.7% |
| 2000 | 2.31 billion | +2.7% |
| 2001 | 2.41 billion | +4.6% |
| 2002 | 2.67 billion | +10.4% |
| 2003 | 3.00 billion | +12.3% |
| 2004 | 3.59 billion | +19.8% |
| 2005 | 4.55 billion | +26.9% |
| 2006 | 5.71 billion | +25.5% |
| 2007 | 7.61 billion | +33.2% |
| 2008 | 8.15 billion | +7.0% |
| 2009 | 6.74 billion | -17.3% |
| 2010 | 6.56 billion | -2.7% |
| 2011 | 7.24 billion | +10.4% |
| 2012 | 8.17 billion | +13.0% |
| 2013 | 8.36 billion | +2.3% |
| 2014 | 8.53 billion | +2.0% |
| 2015 | 8.81 billion | +3.3% |
| 2016 | 9.07 billion | +2.8% |
| 2017 | 9.62 billion | +6.1% |
| 2018 | 10.88 billion | +13.1% |
| 2019 | 11.41 billion | +4.9% |
| 2020 | 11.34 billion | -0.6% |
| 2021 | 12.55 billion | +10.7% |
| 2022 | 14.29 billion | +13.9% |
| 2023 | 15.63 billion | +9.3% |
| 2024 | 17.17 billion | +9.9% |
| 2025 | 17.78 billion | +3.5% |
| 2026 | 18.91 billion | +6.4% |
| 2027 | 19.97 billion | +5.6% |
| 2028 | 21.05 billion | +5.4% |
| 2029 | 22.14 billion | +5.2% |
| 2030 | 23.22 billion | +4.9% |
| 2031 | 24.37 billion | +5.0% |
Latvia compared with similar countries
- Latvia's 24.37 billion is below the median for high income countries, which is 915.23 billion, 3% of the median. (13 countries reporting)
- Latvia's 24.37 billion is below the median for Europe & Central Asia, which is 44.78 billion, 54% of the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.22 billion | 2.19 billion | 2.25 billion | 2 |
| 2000s | 4.67 billion | 2.31 billion | 8.15 billion | 10 |
| 2010s | 8.87 billion | 6.56 billion | 11.41 billion | 10 |
| 2020s | 17.08 billion | 11.34 billion | 22.14 billion | 10 |
| 2030s | 23.79 billion | 23.22 billion | 24.37 billion | 2 |
Countries ranked near Latvia
More public sector data for Latvia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
Frequently asked questions
- What is revenue, general government, domestic currency in Latvia?
- Revenue, general government, domestic currency in Latvia was 24.37 billion in 2031, according to International Monetary Fund.
- What is the highest revenue, general government, domestic currency recorded in Latvia?
- The highest recorded value was 24.37 billion in 2031.
- What is the lowest revenue, general government, domestic currency recorded in Latvia?
- The lowest recorded value was 2.19 billion in 1998.
- How does Latvia rank for revenue, general government, domestic currency?
- Latvia ranks 23rd out of 26 countries with data for 2031.
- Is revenue, general government, domestic currency rising or falling in Latvia?
- Over the last ten years it is up 94.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Revenue, General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.