Revenue, General government, Percent of GDP in Latvia
Latvia: Revenue, General government, Percent of GDP was 40.7 in 2030. ▲ Rising
Latest (2030)
40.7
Change on year
down 0.1%
World rank
36th
of 195 countries
All-time high
42.64
in 2024
All-time low
32.77
in 2003
Years of data
32
1999–2030
Revenue, General government, Percent of GDP in Latvia, 1999–2030
Source: International Monetary Fund.
Analysis
In 2030, revenue, general government, percent of gdp in Latvia stood at 40.7.
The figure is down 0.1% on the previous year and up 4.9% over ten years.
Over the whole period, revenue, general government, percent of gdp in Latvia peaked at 42.64 in 2024 and was at its lowest, 32.77, in 2003.
That places Latvia 36th out of 195 countries with data for 2030, putting it in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Revenue, General government, Percent of GDP in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 36.89 | — |
| 2000 | 34.48 | -6.5% |
| 2001 | 32.99 | -4.3% |
| 2002 | 32.78 | -0.7% |
| 2003 | 32.77 | -0.0% |
| 2004 | 33.76 | +3.0% |
| 2005 | 34.75 | +2.9% |
| 2006 | 35.06 | +0.9% |
| 2007 | 35.39 | +0.9% |
| 2008 | 34.9 | -1.4% |
| 2009 | 36.45 | +4.5% |
| 2010 | 36.99 | +1.5% |
| 2011 | 37.85 | +2.3% |
| 2012 | 38.74 | +2.3% |
| 2013 | 38.1 | -1.7% |
| 2014 | 37.44 | -1.7% |
| 2015 | 37.12 | -0.8% |
| 2016 | 37 | -0.3% |
| 2017 | 36.98 | -0.1% |
| 2018 | 38.64 | +4.5% |
| 2019 | 38.58 | -0.1% |
| 2020 | 38.79 | +0.5% |
| 2021 | 38.87 | +0.2% |
| 2022 | 39.6 | +1.9% |
| 2023 | 39.69 | +0.2% |
| 2024 | 42.64 | +7.4% |
| 2025 | 40.83 | -4.2% |
| 2026 | 41.03 | +0.5% |
| 2027 | 40.65 | -0.9% |
| 2028 | 40.74 | +0.2% |
| 2029 | 40.73 | -0.0% |
| 2030 | 40.7 | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.89 | 36.89 | 36.89 | 1 |
| 2000s | 34.33 | 32.77 | 36.45 | 10 |
| 2010s | 37.74 | 36.98 | 38.74 | 10 |
| 2020s | 40.36 | 38.79 | 42.64 | 10 |
| 2030s | 40.7 | 40.7 | 40.7 | 1 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 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)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 763.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0324 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.43 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 674.92 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is revenue, general government, percent of gdp in Latvia?
- Revenue, general government, percent of gdp in Latvia was 40.7 in 2030, according to International Monetary Fund.
- What is the highest revenue, general government, percent of gdp recorded in Latvia?
- The highest recorded value was 42.64 in 2024.
- What is the lowest revenue, general government, percent of gdp recorded in Latvia?
- The lowest recorded value was 32.77 in 2003.
- How does Latvia rank for revenue, general government, percent of gdp?
- Latvia ranks 36th out of 195 countries with data for 2030.
- Is revenue, general government, percent of gdp rising or falling in Latvia?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Revenue, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October