Cyprus vs Latvia: Tax revenue

Cyprus

8.32 billion current LCU

in 2024

Latvia

7.17 billion current LCU

in 2024

Cyprus rank

130th

Latvia rank

132nd

Tax revenue over time

Cyprus
Latvia

How they compare

Cyprus currently reports 8.32 billion current LCU against 7.17 billion current LCU in Latvia, a difference of 1.15 billion current LCU.

That makes Cyprus's figure about 1.2 times Latvia's.

Across all 31 years both countries report, Cyprus has been ahead every year.

Globally, Cyprus ranks 130th and Latvia ranks 132nd of 157 countries.

Individual pages

About this data

Indicator: Tax revenue (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,711 data points, 1972–2024
Last refreshed: 06 August 2026

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.