Taxes less subsidies on products in Latvia
Latvia: Taxes less subsidies on products was 6.35 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Latvia recorded 6.35 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 31 years on record.
The figure is up 12.9% on the previous year and up 92.3% over ten years.
Over the whole period, taxes less subsidies on products in Latvia peaked at 6.35 billion current US$ in 2025 and was at its lowest, 645.87 million current US$, in 1995.
Latvia ranks 74th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 737.97 million current US$ | 645.87 million current US$ | 841.76 million current US$ | 5 |
| 2000s | 1.93 billion current US$ | 835.54 million current US$ | 3.58 billion current US$ | 10 |
| 2010s | 3.62 billion current US$ | 2.65 billion current US$ | 4.57 billion current US$ | 10 |
| 2020s | 5.22 billion current US$ | 4.41 billion current US$ | 6.35 billion current US$ | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
- GNI 48.20 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Latvia?
- Taxes less subsidies on products in Latvia was 6.35 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Latvia?
- The highest recorded value was 6.35 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Latvia?
- The lowest recorded value was 645.87 million current US$ in 1995.
- How does Latvia rank for taxes less subsidies on products?
- Latvia ranks 74th out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Latvia?
- Over the last ten years it is up 92.3%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.