Latvia - Tax revenue (% of GDP)

Tax revenue (% of GDP) in Latvia was at 21.38 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.

 latvia tax revenue percent of gdp wb data

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Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.