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Latvia
Revenue, excluding grants (% of GDP)

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Global rank#27out of 89 countries
Go to rankingOpenglobal ranking and map

Historical trend

33.929.625.421.217.0199420092024Latvia · 2024: 33.86%Latvia

Analytical takeaways

  • Latvia records 33.86% for Revenue, excluding grants (% of GDP) in 2024, ranking #27 globally out of 89 countries.
  • Revenue, excluding grants (% of GDP) increased from 17.00% in 1994 to 33.86% in 2024, a gain of 16.86%.
  • The country sits in the middle of the global distribution for this metric, making the page a balanced entry point for comparative analysis beyond the extremes.

Comparison

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