Latvia - Tax Revenue 2021
16.45%
+0.17% from 2020
Latvia's tax revenue was 16.45% in 2021, increased +0.17% from 16.28% in 2020. This was the 64th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | 5.0% |
| 2nd | United Arab Emirates | 0.53% | -21.2% |
| 3rd | Equatorial Guinea | 5.40% | -32.7% |
| 4th | Lebanon | 5.68% | -36.1% |
| 5th | Congo, Republic of | 6.51% | -21.8% |
| 6th | Sri Lanka | 7.37% | -5.2% |
| 7th | Panama | 7.46% | -7.3% |
| 8th | Bangladesh | 7.64% | 9.2% |
| 9th | China | 7.80% | -1.6% |
| 10th | Congo, Democratic Republic of | 7.87% | 17.3% |
| 11th | Central African Republic | 8.21% | -5.8% |
| 12th | Saudi Arabia | 8.61% | 9.3% |
| 13th | Guinea-Bissau | 8.79% | 26.5% |
| 14th | Kazakhstan | 9.45% | 13.6% |
| 15th | Gabon | 9.49% | -23.6% |
| 16th | Paraguay | 9.79% | 2.9% |
| 17th | Switzerland | 10.07% | 7.8% |
| 18th | Tajikistan | 10.35% | 5.3% |
| 19th | Madagascar | 10.38% | 9.0% |
| 20th | Lao PDR | 10.39% | 10.5% |
| 21st | Angola | 10.70% | -47.8% |
| 22nd | Tanzania | 10.86% | -6.6% |
| 23rd | Malaysia | 11.22% | 3.0% |
| 24th | Argentina | 11.34% | 5.9% |
| 25th | Cameroon | 11.34% | 4.3% |
| 26th | Germany | 11.48% | 2.8% |
| 27th | Guatemala | 11.56% | 16.1% |
| 28th | United States | 11.57% | 12.4% |
| 29th | Malawi | 11.59% | -4.5% |
| 30th | Russian Federation | 11.70% | 8.3% |
| 31st | Cambodia | 11.99% | -9.8% |
| 32nd | Papua New Guinea | 12.15% | 2.3% |
| 33rd | Ghana | 12.24% | 8.0% |
| 34th | Côte d'Ivoire | 12.39% | 5.1% |
| 35th | Uganda | 12.46% | 9.4% |
| 36th | Burundi | 12.63% | -2.5% |
| 37th | Ecuador | 12.74% | -1.6% |
| 38th | Singapore | 12.74% | 0.0% |
| 39th | Belarus | 12.83% | 6.7% |
| 40th | Czechia | 12.94% | -8.1% |
| 41st | Andorra | 13.11% | 3.6% |
| 42nd | Uzbekistan | 13.36% | -0.3% |
| 43rd | Bahamas, The | 13.39% | -25.3% |
| 44th | Mexico | 13.41% | -3.5% |
| 45th | Azerbaijan | 13.42% | -11.6% |
| 46th | Kenya | 13.55% | -5.2% |
| 47th | Togo | 13.87% | 9.1% |
| 48th | Canada | 14.00% | 3.5% |
| 49th | Costa Rica | 14.04% | 14.7% |
| 50th | Philippines | 14.13% | 1.3% |
| 51st | Brazil | 14.14% | 11.1% |
| 52nd | Dominican Republic | 14.36% | 14.8% |
| 53rd | Colombia | 14.45% | 2.9% |
| 54th | Rwanda | 14.46% | -4.1% |
| 55th | Spain | 14.88% | 10.6% |
| 56th | Romania | 15.00% | 5.5% |
| 57th | Thailand | 15.08% | -0.7% |
| 58th | Timor-Leste | 15.09% | 19.3% |
| 59th | Korea | 15.67% | 11.8% |
| 60th | Vanuatu | 15.88% | 13.1% |
| 61st | Peru | 15.92% | 20.4% |
| 62nd | Burkina Faso | 16.02% | 16.6% |
| 63rd | Fiji | 16.42% | -8.9% |
| 64th | Latvia | 16.45% | 1.1% |
| 65th | Kyrgyz Republic | 16.49% | 17.5% |
| 66th | Ireland | 16.62% | 4.4% |
| 67th | Zambia | 16.78% | 2.2% |
| 68th | Mongolia | 16.91% | 19.5% |
| 69th | Jordan | 17.12% | 7.1% |
| 70th | San Marino | 17.30% | 7.2% |
| 71st | North Macedonia | 17.39% | 7.8% |
| 72nd | Türkiye | 17.48% | -0.1% |
| 73rd | Nepal | 17.49% | 10.9% |
| 74th | Senegal | 17.55% | 0.6% |
| 75th | Uruguay | 17.82% | -4.0% |
| 76th | Mauritius | 18.05% | -11.6% |
| 77th | Albania | 18.10% | 7.1% |
| 78th | Moldova | 18.39% | 2.7% |
| 79th | Nicaragua | 18.82% | 10.6% |
| 80th | Poland | 18.96% | 9.6% |
| 81st | Slovak Republic | 18.98% | 2.8% |
| 82nd | Ukraine | 19.08% | -0.4% |
| 83rd | Bosnia and Herzegovina | 19.10% | 1.9% |
| 84th | Maldives | 19.45% | -3.3% |
| 85th | Macao SAR, China | 19.52% | -10.8% |
| 86th | Serbia | 19.66% | -12.3% |
| 87th | Morocco | 19.67% | -1.8% |
| 88th | Chile | 19.68% | 21.5% |
| 89th | El Salvador | 19.69% | 7.1% |
| 90th | European Union | 19.89% | 1.6% |
| 91st | Bulgaria | 20.59% | 2.0% |
| 92nd | Tonga | 20.70% | 1.5% |
| 93rd | Finland | 20.83% | 4.1% |
| 94th | Solomon Islands | 20.96% | -0.4% |
| 95th | Iceland | 21.06% | -4.2% |
| 96th | Croatia | 21.07% | 0.9% |
| 97th | Lithuania | 21.27% | 3.8% |
| 98th | Hungary | 21.35% | -5.9% |
| 99th | Georgia | 21.47% | 1.4% |
| 100th | Slovenia | 21.61% | 5.5% |
| 101st | Estonia | 21.74% | 4.9% |
| 102nd | Kiribati | 21.84% | 1.5% |
| 103rd | Armenia | 22.00% | 0.6% |
| 104th | Botswana | 22.23% | -0.2% |
| 105th | Portugal | 22.28% | 0.1% |
| 106th | Malta | 22.41% | -0.3% |
| 107th | Cyprus | 22.55% | 2.8% |
| 108th | Mozambique | 22.75% | 5.7% |
| 109th | Australia | 23.00% | 2.2% |
| 110th | Belgium | 23.22% | 6.2% |
| 111th | France | 23.98% | -3.3% |
| 112th | Netherlands | 24.31% | 1.6% |
| 113th | Eswatini | 24.35% | -10.1% |
| 114th | Israel | 24.56% | 11.5% |
| 115th | Samoa | 24.57% | 0.6% |
| 116th | Italy | 24.88% | 0.1% |
| 117th | Norway | 25.51% | 20.0% |
| 118th | Greece | 25.58% | 2.3% |
| 119th | South Africa | 25.95% | 11.5% |
| 120th | United Kingdom | 25.99% | 5.9% |
| 121st | Luxembourg | 26.00% | 1.2% |
| 122nd | Austria | 26.01% | 5.5% |
| 123rd | Sweden | 28.01% | 3.7% |
| 124th | Namibia | 28.06% | -10.1% |
| 125th | New Zealand | 29.02% | 6.2% |
| 126th | Lesotho | 31.87% | -11.5% |
| 127th | Denmark | 35.20% | 2.1% |
FAQ
What was Latvia's tax revenue in 2021?▾
Latvia's tax revenue in 2021 was 16.45%. This ranked 64th globally.
How did Latvia's tax revenue change in 2021?▾
Latvia's tax revenue increased by 1.1% in 2021 compared to 2020.
Which country had the highest tax revenue in 2021?▾
Denmark had the highest tax revenue in 2021 at 35.20%.
What is the tax revenue of Latvia in 2021?▾
The tax revenue of Latvia in 2021 was 16.45%. This ranked 64th globally.
How does 2021 compare to 2020 for Latvia's tax revenue?▾
Latvia's tax revenue went from 16.28% in 2020 to 16.45% in 2021, a 1.1% increase.
Related
2020
2022
All years
Full ranking 2021
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Budget Deficit
Peak: 2025
Lowest: 1994
Tax Revenue 1990s
Tax Revenue 2000s
Tax Revenue 2010s
Tax Revenue 2020s
Highest ever
Lowest ever
Average
vs Hungary
vs Barbados
vs Uruguay
vs Croatia
European Union Tax Revenue
NATO Tax Revenue
OECD Tax Revenue
Global Ranking