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Latvia - Government Revenue 2023

Name: Latvia Government Revenue 2023
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government revenue as % of GDP · IMF WEO

39.69% +0.10% from 2022 Global rank: 45th

Latvia's government revenue was 39.69% in 2023, increased +0.10% from 39.60% in 2022. This was the 45th highest globally.

Global Ranking - 2023▾

Government Revenue by Country - 2023
Rank	Country	Value	YoY
1st	Tuvalu	154.12%	53.0%
2nd	Nauru	137.45%	-13.6%
3rd	Kiribati	95.45%	37.9%
4th	Kuwait	76.55%	10.0%
5th	Libya	73.57%	-14.2%
6th	Marshall Islands	69.52%	1.6%
7th	Micronesia, Federated States of	62.93%	-14.6%
8th	Norway	62.48%	-0.8%
9th	Dominica	60.14%	-4.2%
10th	Lesotho	56.67%	27.5%
11th	Tonga	54.32%	22.7%
12th	Ukraine	54.06%	8.6%
13th	Finland	52.94%	0.9%
14th	France	51.39%	-4.3%
15th	Denmark	50.83%	4.8%
16th	Palau	50.39%	-11.2%
17th	Austria	50.07%	0.7%
18th	Belgium	49.20%	1.2%
19th	Sweden	48.28%	-2.1%
20th	Greece	48.16%	-4.4%
21st	Italy	46.72%	-0.2%
22nd	Croatia	45.97%	2.0%
23rd	Germany	45.65%	-2.2%
24th	Luxembourg	45.59%	2.5%
25th	Timor-Leste	43.89%	44.1%
26th	Slovenia	43.85%	-1.8%
27th	Cyprus	43.66%	7.4%
28th	Netherlands	43.63%	0.8%
29th	Portugal	43.52%	-0.1%
30th	St. Kitts and Nevis	42.87%	-5.4%
31st	Slovak Republic	42.84%	2.4%
32nd	Iceland	42.72%	1.7%
33rd	Hungary	42.41%	-0.3%
34th	Canada	42.17%	2.4%
35th	Spain	41.95%	0.5%
36th	Poland	41.59%	4.5%
37th	Belarus	41.09%	14.0%
38th	Azerbaijan	40.65%	26.5%
39th	Vanuatu	40.64%	14.3%
40th	Montenegro	40.59%	6.5%
41st	Estonia	40.37%	3.4%
42nd	Bosnia and Herzegovina	40.04%	1.3%
43rd	Iraq	40.03%	-4.8%
44th	Czechia	39.96%	0.1%
45th	Latvia	39.69%	0.2%
46th	Serbia	39.39%	-4.5%
47th	United Kingdom	38.78%	-1.9%
48th	Andorra	38.03%	-4.3%
49th	New Zealand	37.68%	0.1%
50th	Brazil	37.60%	-4.8%
51st	Japan	36.91%	-1.7%
52nd	Lithuania	36.68%	3.2%
53rd	Grenada	36.61%	11.2%
54th	Solomon Islands	36.33%	-5.0%
55th	Australia	36.29%	2.7%
56th	Ecuador	35.97%	-7.5%
57th	Mongolia	34.62%	0.7%
58th	Kyrgyz Republic	34.48%	-0.7%
59th	Bulgaria	34.41%	-6.4%
60th	Oman	34.34%	-17.2%
61st	Israel	34.28%	-8.0%
62nd	Namibia	33.86%	12.0%
63rd	Moldova	33.70%	1.1%
64th	Maldives	33.50%	8.7%
65th	Russian Federation	33.49%	-1.0%
66th	Qatar	32.82%	-5.5%
67th	Argentina	32.31%	-4.4%
68th	Switzerland	32.23%	-1.6%
69th	Colombia	32.20%	16.0%
70th	Algeria	31.88%	7.2%
71st	Seychelles	31.72%	3.9%
72nd	Samoa	31.50%	-12.7%
73rd	Malta	31.41%	-4.9%
74th	Trinidad and Tobago	31.23%	6.9%
75th	Romania	31.04%	-1.6%
76th	North Macedonia	30.87%	3.6%
77th	Eswatini	30.80%	30.1%
78th	United States	29.85%	-9.7%
79th	South Sudan	29.48%	-13.0%
80th	West Bank and Gaza	29.13%	3.5%
81st	Mozambique	29.07%	5.0%
82nd	Tunisia	28.67%	-3.1%
83rd	United Arab Emirates	28.48%	-12.5%
84th	Nicaragua	28.34%	-3.0%
85th	Liechtenstein	28.30%	3.3%
86th	Botswana	28.19%	-3.2%
87th	Bolivia, Plurinational State of	27.75%	-3.9%
88th	Jamaica	27.71%	1.2%
89th	Morocco	27.56%	-2.8%
90th	Uruguay	27.39%	-0.3%
91st	Georgia	27.35%	4.0%
92nd	Suriname	27.35%	1.9%
93rd	Türkiye	27.30%	6.3%
94th	Albania	27.23%	2.2%
95th	Macao SAR, China	27.22%	32.1%
96th	Tajikistan	27.11%	-0.1%
97th	St. Vincent and the Grenadines	26.99%	-0.9%
98th	South Africa	26.91%	-2.6%
99th	Barbados	26.64%	-3.2%
100th	Saudi Arabia	26.53%	-3.6%
101st	Congo, Republic of	26.48%	-16.7%
102nd	China	26.03%	2.8%
103rd	Jordan	26.02%	-1.7%
104th	Uzbekistan	25.91%	-6.4%
105th	El Salvador	25.84%	-0.5%
106th	Aruba	25.50%	10.8%
107th	Cabo Verde	25.42%	13.8%
108th	Honduras	25.26%	-1.4%
109th	Chile	25.12%	-10.5%
110th	Armenia	24.86%	2.4%
111th	Mexico	24.23%	0.2%
112th	Bhutan	24.12%	-4.1%
113th	Mauritius	24.01%	-2.0%
114th	Ireland	23.63%	6.1%
115th	Belize	23.37%	4.4%
116th	Gabon	23.26%	24.0%
117th	Fiji	23.05%	6.5%
118th	Burkina Faso	22.52%	2.5%
119th	Puerto Rico (US)	22.50%	0.6%
120th	Korea	22.41%	-11.0%
121st	Mauritania	22.34%	-12.8%
122nd	St. Lucia	22.14%	4.7%
123rd	Rwanda	21.98%	-8.1%
124th	Zambia	21.91%	7.5%
125th	Kazakhstan	21.87%	0.2%
126th	São Tomé and Principe	21.79%	-14.4%
127th	Equatorial Guinea	21.63%	-18.3%
128th	Mali	21.27%	8.4%
129th	Gambia, The	21.17%	11.9%
130th	San Marino	20.95%	-5.1%
131st	Malaysia	20.94%	4.3%
132nd	Thailand	20.86%	4.1%
133rd	Burundi	20.75%	-8.9%
134th	Senegal	20.73%	3.2%
135th	India	20.49%	1.8%
136th	Philippines	20.28%	-0.6%
137th	Liberia	20.10%	-6.9%
138th	Togo	19.85%	12.5%
139th	Bahamas, The	19.57%	-2.6%
140th	Bahrain	19.44%	-13.1%
141st	Peru	19.34%	-11.0%
142nd	Nepal	19.27%	-16.0%
143rd	Brunei Darussalam	18.50%	-36.0%
144th	Singapore	18.32%	13.2%
145th	Hong Kong SAR, China	18.06%	-16.9%
146th	Djibouti	18.06%	-7.3%
147th	Papua New Guinea	17.91%	7.6%
148th	Guyana	17.88%	17.8%
149th	Paraguay	17.67%	0.8%
150th	Malawi	17.64%	1.6%
151st	Panama	17.48%	0.7%
152nd	Antigua and Barbuda	17.10%	-4.3%
153rd	Viet Nam	17.06%	-9.6%
154th	Kenya	16.99%	-0.7%
155th	Egypt, Arab Republic of	16.97%	-11.6%
156th	Angola	16.94%	-15.7%
157th	Comoros	16.52%	13.9%
158th	Cameroon	16.47%	3.1%
159th	Lao PDR	16.42%	11.1%
160th	Cambodia	16.24%	-11.9%
161st	Myanmar	16.23%	-12.3%
162nd	Côte d'Ivoire	16.09%	6.5%
163rd	Dominican Republic	15.85%	3.7%
164th	Chad	15.84%	-3.4%
165th	Afghanistan	15.64%	3.4%
166th	Tanzania	15.34%	0.9%
167th	Costa Rica	15.26%	-6.8%
168th	Ghana	15.17%	-3.6%
169th	Benin	15.04%	5.1%
170th	Indonesia	15.00%	0.3%
171st	Congo, Democratic Republic of	14.82%	-14.2%
172nd	Guinea	14.42%	4.4%
173rd	Uganda	14.40%	2.6%
174th	Central African Republic	14.03%	15.7%
175th	Turkmenistan	13.82%	-15.6%
176th	Guinea-Bissau	13.74%	-9.7%
177th	Madagascar	13.73%	27.2%
178th	Lebanon	13.18%	134.2%
179th	Guatemala	12.48%	-0.7%
180th	Zimbabwe	11.60%	4.1%
181st	Pakistan	11.53%	-4.8%
182nd	Sri Lanka	11.21%	34.1%
183rd	Sierra Leone	10.45%	-3.2%
184th	Niger	10.43%	-29.5%
185th	Iran, Islamic Republic of	10.25%	0.4%
186th	Bangladesh	8.24%	-3.2%
187th	Nigeria	7.29%	10.3%
188th	Haiti	7.23%	10.0%
189th	Somalia, Fed. Rep.	6.73%	-4.9%
190th	Yemen, Republic of	6.13%	-38.9%
191st	Sudan	4.53%	-71.2%

FAQ

What was Latvia's government revenue in 2023?▾

Latvia's government revenue in 2023 was 39.69%. This ranked 45th globally.

How did Latvia's government revenue change in 2023?▾

Latvia's government revenue increased by 0.2% in 2023 compared to 2022.

Which country had the highest government revenue in 2023?▾

Tuvalu had the highest government revenue in 2023 at 154.12%.

What is the government revenue of Latvia in 2023?▾

The government revenue of Latvia in 2023 was 39.69%. This ranked 45th globally.

How does 2023 compare to 2022 for Latvia's government revenue?▾

Latvia's government revenue went from 39.60% in 2022 to 39.69% in 2023, a 0.2% increase.

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