Country Profile: Latvia

Tax to GDP ratio: 31.9%

Aviation: No information available

Financial Transactions Tax (FTT): No information available

Oil & Gas Revenues: No information available

Carbon Pricing: Yes – carbon pricing instrument in place

  • Instruments: National Carbon tax, Regional ETS
  • Emissions covered: 0.02%, 0.38%
  • Price: €15 (US$16.12), €57.03 (US$61.30)
  • Revenue: €8 million (US$8 million), €43,558 million (US$47,369 million)
  • Sectors covered: Electricity and heat, Industry, Mining and extractives, Electricity and heat, Industry, Mining and extractives, Aviation
  • Offsetting: Not permitted, Not permitted

Source

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