Revenue, excluding grants in Latvia
Latvia: Revenue, excluding grants was 13.76 billion current LCU in 2024. ◆ Volatile
Revenue, excluding grants in Latvia, 1994–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, revenue, excluding grants in Latvia stood at 13.76 billion current LCU. That is the highest value across all 31 years on record.
The figure is up 8.9% on the previous year and up 108.5% over ten years.
Over the whole period, revenue, excluding grants in Latvia peaked at 13.76 billion current LCU in 2024 and was at its lowest, 521.72 million current LCU, in 1994.
Latvia ranks 131st of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.37 billion current LCU | 521.72 million current LCU | 1.87 billion current LCU | 6 |
| 2000s | 3.69 billion current LCU | 1.89 billion current LCU | 6.25 billion current LCU | 10 |
| 2010s | 6.82 billion current LCU | 4.84 billion current LCU | 8.77 billion current LCU | 10 |
| 2020s | 11.33 billion current LCU | 9.16 billion current LCU | 13.76 billion current LCU | 5 |
Countries ranked near Latvia
More public sector data for Latvia
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 17.6% (2024)
- Taxes on income, profits and capital gains 10.3% (2024)
- Taxes on goods and services 38.9% (2024)
- Net investment in nonfinancial assets 5.1% (2024)
- Net lending (+) / net borrowing (-) -2.0% (2024)
- Interest payments 2.7% (2024)
- Grants and other revenue 19.0% (2024)
- Interest payments 1.9% (2023)
- Other taxes 0.1% (2024)
Frequently asked questions
- What is revenue, excluding grants in Latvia?
- Revenue, excluding grants in Latvia was 13.76 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Latvia?
- The highest recorded value was 13.76 billion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in Latvia?
- The lowest recorded value was 521.72 million current LCU in 1994.
- How does Latvia rank for revenue, excluding grants?
- Latvia ranks 131st out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Latvia?
- Over the last ten years it is up 108.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.