Tax revenue (current LCU), annual growth rate in Latvia

Latvia: Tax revenue (current LCU), annual growth rate was 9.06 % change on previous year in 2024. ◆ Volatile

Latest (2024)
9.06 % change on previous year
Change on year
up 43.1%
World rank
84th
of 156 countries
All-time high
78.47 % change on previous year
in 1995
All-time low
-29.96 % change on previous year
in 2009
Years of data
30
1995–2024

Tax revenue (current LCU), annual growth rate in Latvia, 1995–2024

-2502550751995200920241995: 78.5 % change on previous year1996: 11.2 % change on previous year1997: 37.4 % change on previous year1998: 18.5 % change on previous year1999: -0.098 % change on previous year2000: 0.064 % change on previous year2001: 8.5 % change on previous year2002: 8.7 % change on previous year2003: 15.2 % change on previous year2004: 16.7 % change on previous year2005: 29.8 % change on previous year2006: 29.9 % change on previous year2007: 28.8 % change on previous year2008: 3.8 % change on previous year2009: -30 % change on previous year2010: 0.182 % change on previous year2011: 14.5 % change on previous year2012: 13.4 % change on previous year2013: 7.1 % change on previous year2014: 5.6 % change on previous year2015: 5.5 % change on previous year2016: 8.6 % change on previous year2017: 6 % change on previous year2018: 1.9 % change on previous year2019: 5 % change on previous year2020: -0.659 % change on previous year2021: 11.6 % change on previous year2022: 16.5 % change on previous year2023: 6.3 % change on previous year2024: 9.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for tax revenue (current lcu), annual growth rate in Latvia is 9.06 % change on previous year, measured in 2024.

Compared with earlier readings it is up 43.1% on the previous year and up 62.6% over ten years.

Over the whole period, tax revenue (current lcu), annual growth rate in Latvia peaked at 78.47 % change on previous year in 1995 and was at its lowest, -29.96 % change on previous year, in 2009.

Latvia ranks 84th of 156 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Tax revenue (current LCU), annual growth rate in Latvia, year by year

Annual values for Tax revenue (current LCU), annual growth rate in Latvia, 1995 to 2024.
Year % change on previous year Change
1995 78.47 % change on previous year
1996 11.25 % change on previous year -85.7%
1997 37.45 % change on previous year +232.9%
1998 18.54 % change on previous year -50.5%
1999 -0.098 % change on previous year -100.5%
2000 0.0638 % change on previous year -165.2%
2001 8.49 % change on previous year +13191.2%
2002 8.72 % change on previous year +2.8%
2003 15.24 % change on previous year +74.8%
2004 16.65 % change on previous year +9.3%
2005 29.83 % change on previous year +79.1%
2006 29.91 % change on previous year +0.2%
2007 28.81 % change on previous year -3.7%
2008 3.81 % change on previous year -86.8%
2009 -29.96 % change on previous year -886.2%
2010 0.182 % change on previous year -100.6%
2011 14.54 % change on previous year +7886.8%
2012 13.42 % change on previous year -7.7%
2013 7.11 % change on previous year -47.0%
2014 5.57 % change on previous year -21.7%
2015 5.47 % change on previous year -1.8%
2016 8.58 % change on previous year +56.8%
2017 6.04 % change on previous year -29.6%
2018 1.88 % change on previous year -68.9%
2019 5.02 % change on previous year +167.1%
2020 -0.6587 % change on previous year -113.1%
2021 11.6 % change on previous year -1861.1%
2022 16.5 % change on previous year +42.2%
2023 6.33 % change on previous year -61.6%
2024 9.06 % change on previous year +43.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 29.12 % change on previous year -0.098 % change on previous year 78.47 % change on previous year 5
2000s 11.16 % change on previous year -29.96 % change on previous year 29.91 % change on previous year 10
2010s 6.78 % change on previous year 0.182 % change on previous year 14.54 % change on previous year 10
2020s 8.57 % change on previous year -0.6587 % change on previous year 16.5 % change on previous year 5

Countries ranked near Latvia

  1. 81 Denmark 9.53 % change on previous year compare
  2. 82 Afghanistan 9.49 % change on previous year compare
  3. 83 Kuwait 9.26 % change on previous year
  4. 85 Lithuania 8.93 % change on previous year compare
  5. 86 Greece 8.91 % change on previous year compare
  6. 87 New Zealand 8.87 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Latvia

All data for Latvia →

Frequently asked questions

What is tax revenue (current lcu), annual growth rate in Latvia?
Tax revenue (current lcu), annual growth rate in Latvia was 9.06 % change on previous year in 2024, according to Statizoid (derived).
What is the highest tax revenue (current lcu), annual growth rate recorded in Latvia?
The highest recorded value was 78.47 % change on previous year in 1995.
What is the lowest tax revenue (current lcu), annual growth rate recorded in Latvia?
The lowest recorded value was -29.96 % change on previous year in 2009.
How does Latvia rank for tax revenue (current lcu), annual growth rate?
Latvia ranks 84th out of 156 countries with data for 2024.
Is tax revenue (current lcu), annual growth rate rising or falling in Latvia?
Over the last ten years it is up 62.6%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Tax revenue (current LCU), annual growth rate in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://public-sector.statizoid.com/stat/tax-revenue-current-lcu-annual-growth-rate/latvia/

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How this figure is calculated

The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Tax revenue (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,474 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.