Government revenue as a share of GDP forecast for Latvia 2020-2029
The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
Find more statistics on other topics about Latvia with key insights such as average inflation rate, gross domestic product per capita and ratio of government expenditure to gross domestic product.