Latvia General government revenue (% of GDP) Statistics

21, Nov 2019, EST.

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Country or Region: Latvia › Change country
Economic Indicator: General government revenue (% of GDP) › See all Latvia indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Lats
Currency Symbol: LVL

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Latvia , Year 2015 - In Detail

General government revenue (% of GDP) for Latvia in year 2015 is 36.194 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Latvia No. 50 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Latvia is 5.96 more than the average.

In the previous year, 2014, General government revenue (% of GDP) for Latvia was 36.20 % General government revenue (% of GDP) for Latvia in 2015 was or will be 0.01% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Latvia was or will be 36.03 %, which is 0.46% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Latvia, in other Years
Year %
  2021 35.313
  2020 35.615
  2019 36.555
  2018 37.254
  2017 35.887
  2016 36.027
2015 36.194
  2014 36.198
  2013 36.817
  2012 37.465
  2011 35.743
  2010 36.577
  2009 35.818
  2008 33.515
  2007 33.755
  2006 33.466
  2005 33.522
  2004 32.513
  2003 31.397
  2002 31.784
  2001 32.376
  2000 33.724
  1999 35.877
  1998 36.401
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a