Iceland vs Latvia: Taxes on international trade and transactions, Ratio of this level of

Iceland
1
in 2020
Latvia
1
in 2020
Iceland rank
1st
Latvia rank
1st

Taxes on international trade and transactions, Ratio of this level of over time

  • Iceland
  • Latvia
00.20.40.60.81199520072020

How they compare

Iceland currently reports 1 against 1 in Latvia, a difference of 0.

Across all 21 years both countries report, Latvia has been ahead every year.

Iceland ranks 1st and Latvia ranks 1st of 74 countries.

Head to head by decade

Decade Iceland Latvia Difference Ahead
1990s 1 1 0
2000s 1 1 0
2010s 1 1 0
2020s 1 1 0

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on international trade and transactions, ratio of this level of, Iceland or Latvia?
Iceland, at 1 against 1 in Latvia as of 2020.
What is the difference in taxes on international trade and transactions, ratio of this level of between Iceland and Latvia?
0, with Iceland ahead.
How many years of comparable data are there for Iceland and Latvia?
21 years are reported by both, from 1998 to 2020.
How do Iceland and Latvia rank globally for taxes on international trade and transactions, ratio of this level of?
Iceland ranks 1st and Latvia ranks 1st of 74 countries.
Where does this data come from?
International Monetary Fund, published as Taxes on international trade and transactions, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Latvia: Taxes on international trade and transactions, Ratio of this level of. Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://trade.statizoid.com/compare/taxes-on-international-trade-and-transactions-ratio-of-this-level-of-government-s-revenue/iceland/latvia/

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About this data

Indicator
Taxes on international trade and transactions, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
74 places, 1,251 data points, 1972–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.