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Latvia - Government Revenue 2020

Name: Latvia Government Revenue 2020
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government revenue as % of GDP · IMF WEO

38.79% +0.21% from 2019 Global rank: 42nd

Latvia's government revenue was 38.79% in 2020, increased +0.21% from 38.58% in 2019. This was the 42nd highest globally.

Global Ranking - 2020▾

Government Revenue by Country - 2020
Rank	Country	Value	YoY
1st	Nauru	152.20%	11.1%
2nd	Tuvalu	133.22%	18.4%
3rd	Kiribati	105.80%	-11.2%
4th	Marshall Islands	70.34%	10.4%
5th	Micronesia, Federated States of	67.01%	-12.8%
6th	Kuwait	63.04%	-0.3%
7th	Dominica	59.23%	49.7%
8th	Lesotho	55.62%	16.3%
9th	Norway	54.15%	-4.5%
10th	Denmark	53.70%	-0.7%
11th	France	52.77%	-0.4%
12th	Finland	50.92%	-1.4%
13th	Belgium	49.42%	-0.6%
14th	Austria	49.11%	-1.0%
15th	Greece	48.96%	3.0%
16th	Sweden	48.85%	-0.8%
17th	Italy	47.41%	0.9%
18th	Germany	46.73%	-0.3%
19th	Croatia	46.43%	-0.4%
20th	Palau	45.19%	6.7%
21st	Slovenia	44.12%	-0.8%
22nd	Netherlands	44.10%	0.2%
23rd	Luxembourg	43.95%	-3.9%
24th	Montenegro	43.88%	2.7%
25th	Hungary	43.54%	-0.6%
26th	Portugal	43.37%	1.8%
27th	Tonga	43.12%	-0.2%
28th	Timor-Leste	42.81%	-1.3%
29th	Iceland	41.43%	-0.1%
30th	Vanuatu	41.43%	-2.8%
31st	Canada	41.41%	2.1%
32nd	Spain	41.41%	6.3%
33rd	Andorra	41.27%	8.2%
34th	Bosnia and Herzegovina	40.88%	-1.0%
35th	Poland	40.88%	0.5%
36th	Czechia	40.60%	-0.1%
37th	Cyprus	40.36%	-2.2%
38th	Ukraine	39.68%	0.7%
39th	Estonia	39.32%	0.8%
40th	Slovak Republic	39.20%	-0.6%
41st	Serbia	39.12%	-2.7%
42nd	Latvia	38.79%	0.5%
43rd	Liechtenstein	38.72%	37.4%
44th	Solomon Islands	37.95%	11.3%
45th	New Zealand	37.67%	3.8%
46th	United Kingdom	36.81%	1.4%
47th	Lithuania	35.94%	2.5%
48th	Samoa	35.91%	8.0%
49th	Australia	35.71%	3.5%
50th	Japan	35.46%	3.5%
51st	Belarus	35.18%	-8.1%
52nd	Russian Federation	35.16%	-1.5%
53rd	Libya	35.07%	-40.8%
54th	Bulgaria	34.71%	-0.9%
55th	Brazil	34.54%	-9.5%
56th	Israel	34.11%	-2.2%
57th	Switzerland	33.98%	2.0%
58th	Argentina	33.81%	0.4%
59th	Azerbaijan	33.72%	-18.7%
60th	St. Kitts and Nevis	33.48%	-8.4%
61st	Namibia	33.41%	4.6%
62nd	Malta	33.36%	-6.3%
63rd	Ecuador	32.83%	-9.5%
64th	Qatar	32.57%	-2.7%
65th	Moldova	31.37%	2.8%
66th	Liberia	31.27%	14.2%
67th	Seychelles	30.97%	-3.7%
68th	United States	30.60%	2.0%
69th	Türkiye	29.41%	-2.4%
70th	Bhutan	29.14%	28.0%
71st	Iraq	29.05%	-18.1%
72nd	Kyrgyz Republic	29.01%	-5.7%
73rd	Oman	28.87%	-15.0%
74th	South Sudan	28.60%	-40.4%
75th	Romania	28.54%	-0.5%
76th	North Macedonia	28.35%	-3.7%
77th	Uruguay	28.15%	1.0%
78th	Grenada	28.14%	5.8%
79th	Barbados	28.13%	5.9%
80th	Eswatini	28.12%	5.9%
81st	United Arab Emirates	28.05%	-6.2%
82nd	Macao SAR, China	27.91%	-15.2%
83rd	Mongolia	27.88%	-12.4%
84th	Mozambique	27.67%	-6.9%
85th	Jamaica	27.26%	-3.8%
86th	Saudi Arabia	27.17%	-2.3%
87th	Morocco	27.00%	13.4%
88th	Algeria	26.99%	-5.6%
89th	St. Vincent and the Grenadines	26.98%	5.0%
90th	Maldives	26.66%	1.1%
91st	Colombia	26.59%	-9.6%
92nd	Nicaragua	26.35%	-0.7%
93rd	São Tomé and Principe	26.12%	14.7%
94th	Albania	25.72%	-4.4%
95th	Afghanistan	25.69%	-4.6%
96th	Botswana	25.67%	-9.4%
97th	West Bank and Gaza	25.66%	7.6%
98th	Tunisia	25.48%	-1.8%
99th	China	25.28%	-8.4%
100th	Cabo Verde	25.25%	-2.5%
101st	Armenia	25.25%	5.5%
102nd	Aruba	25.01%	5.1%
103rd	South Africa	24.99%	-5.0%
104th	Georgia	24.95%	-7.1%
105th	Tajikistan	24.82%	-7.3%
106th	Belize	24.59%	-0.2%
107th	El Salvador	24.53%	-0.7%
108th	Fiji	24.35%	-10.0%
109th	Bolivia, Plurinational State of	24.05%	-16.8%
110th	Rwanda	23.92%	3.4%
111th	Honduras	23.84%	-8.4%
112th	Jordan	23.56%	-6.4%
113th	Mexico	23.49%	2.2%
114th	Trinidad and Tobago	23.28%	-14.7%
115th	Djibouti	23.22%	-3.0%
116th	Uzbekistan	23.08%	-4.1%
117th	Gambia, The	22.98%	8.4%
118th	Guyana	22.76%	-11.1%
119th	Burundi	22.59%	0.8%
120th	Chile	21.99%	-7.5%
121st	Ireland	21.84%	-10.0%
122nd	Mauritius	21.63%	-1.9%
123rd	St. Lucia	21.61%	0.0%
124th	San Marino	21.59%	-3.4%
125th	Korea	21.56%	-0.3%
126th	Mauritania	21.32%	4.1%
127th	Nepal	21.02%	-8.1%
128th	Central African Republic	20.95%	22.6%
129th	Puerto Rico (US)	20.81%	-9.4%
130th	Mali	20.70%	-3.6%
131st	Hong Kong SAR, China	20.68%	1.5%
132nd	Thailand	20.41%	-2.7%
133rd	Philippines	20.37%	0.8%
134th	Zambia	20.27%	-0.7%
135th	Malaysia	20.14%	-6.6%
136th	Congo, Republic of	20.00%	-18.2%
137th	Senegal	20.00%	-1.7%
138th	Antigua and Barbuda	19.75%	6.9%
139th	Burkina Faso	19.27%	-3.5%
140th	Viet Nam	18.39%	-5.3%
141st	Angola	18.34%	-3.0%
142nd	Comoros	18.25%	15.2%
143rd	Suriname	18.25%	-10.0%
144th	Egypt, Arab Republic of	18.23%	-5.6%
145th	India	18.16%	-5.2%
146th	Cambodia	17.78%	-10.1%
147th	Bahamas, The	17.65%	-5.0%
148th	Gabon	17.59%	-10.0%
149th	Niger	17.55%	-2.5%
150th	Kazakhstan	17.51%	-11.0%
151st	Peru	17.49%	-10.1%
152nd	Brunei Darussalam	17.46%	-39.3%
153rd	Singapore	17.41%	-2.2%
154th	Panama	17.34%	-2.3%
155th	Bahrain	17.28%	-23.7%
156th	Paraguay	16.91%	-4.3%
157th	Kenya	16.67%	-2.0%
158th	Togo	16.65%	-8.7%
159th	Lebanon	15.83%	-23.8%
160th	Guinea-Bissau	15.40%	3.1%
161st	Chad	15.32%	45.7%
162nd	Côte d'Ivoire	14.95%	-0.2%
163rd	Tanzania	14.88%	-2.2%
164th	Myanmar	14.81%	-6.6%
165th	Malawi	14.70%	-0.5%
166th	Papua New Guinea	14.66%	-10.2%
167th	Equatorial Guinea	14.40%	-22.7%
168th	Benin	14.39%	4.5%
169th	Dominican Republic	14.24%	-0.8%
170th	Ghana	14.07%	-6.0%
171st	Guinea	14.00%	-4.9%
172nd	Costa Rica	13.91%	-7.3%
173rd	Uganda	13.69%	1.7%
174th	Cameroon	13.39%	-13.2%
175th	Turkmenistan	13.39%	1.1%
176th	Pakistan	13.27%	17.8%
177th	Lao PDR	12.99%	-15.7%
178th	Madagascar	12.40%	-11.1%
179th	Indonesia	12.35%	-13.4%
180th	Sierra Leone	12.13%	6.9%
181st	Guatemala	10.68%	-4.7%
182nd	Congo, Democratic Republic of	8.96%	-17.1%
183rd	Zimbabwe	8.93%	16.8%
184th	Sri Lanka	8.78%	-26.5%
185th	Bangladesh	8.47%	4.0%
186th	Haiti	7.91%	4.2%
187th	Iran, Islamic Republic of	7.27%	-21.4%
188th	Yemen, Republic of	6.35%	-13.3%
189th	Somalia, Fed. Rep.	5.76%	47.3%
190th	Sudan	4.86%	-38.5%
191st	Nigeria	4.71%	-15.4%

FAQ

What was Latvia's government revenue in 2020?▾

Latvia's government revenue in 2020 was 38.79%. This ranked 42nd globally.

How did Latvia's government revenue change in 2020?▾

Latvia's government revenue increased by 0.5% in 2020 compared to 2019.

Which country had the highest government revenue in 2020?▾

Nauru had the highest government revenue in 2020 at 152.20%.

What is the government revenue of Latvia in 2020?▾

The government revenue of Latvia in 2020 was 38.79%. This ranked 42nd globally.

How does 2020 compare to 2019 for Latvia's government revenue?▾

Latvia's government revenue went from 38.58% in 2019 to 38.79% in 2020, a 0.5% increase.

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