Share of CO₂ emissions covered by a carbon price in Latvia

Latvia: Share of CO₂ emissions covered by a carbon price was 23.6% in 2025. ◆ Volatile

Latest (2025)
23.6%
Change on year
unchanged
World rank
46th
of 200 countries
All-time high
38.8%
in 2004
All-time low
0.0%
in 1989
Years of data
37
1989–2025

Share of CO₂ emissions covered by a carbon price in Latvia, 1989–2025

0102030401989200720251989: 0 %1990: 0 %1991: 0 %1992: 0 %1993: 0 %1994: 0 %1995: 0 %1996: 0 %1997: 0 %1998: 0 %1999: 0 %2000: 0 %2001: 0 %2002: 0 %2003: 0 %2004: 38.8 %2005: 36.5 %2006: 35.5 %2007: 33.1 %2008: 33.3 %2009: 33.7 %2010: 37.4 %2011: 37.2 %2012: 36.4 %2013: 36.2 %2014: 33.2 %2015: 32.2 %2016: 31.3 %2017: 29.5 %2018: 33.1 %2019: 31.2 %2020: 28 %2021: 27.6 %2022: 23.5 %2023: 23.5 %2024: 23.6 %2025: 23.6 %

Source: Dolphin and Merkle (2024) – with minor processing by Our World in Data. Measured in %.

Analysis

Latvia recorded 23.6% for share of co₂ emissions covered by a carbon price in 2025.

Compared with earlier readings it is down 26.6% over ten years.

Over the whole period, share of co₂ emissions covered by a carbon price in Latvia peaked at 38.8% in 2004 and was at its lowest, 0.0%, in 1989.

That places Latvia 46th out of 200 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Share of CO₂ emissions covered by a carbon price in Latvia, year by year

Annual values for Share of CO₂ emissions covered by a carbon price in Latvia, 1989 to 2025.
Year % Change
1989 0.0%
1990 0.0%
1991 0.0%
1992 0.0%
1993 0.0%
1994 0.0%
1995 0.0%
1996 0.0%
1997 0.0%
1998 0.0%
1999 0.0%
2000 0.0%
2001 0.0%
2002 0.0%
2003 0.0%
2004 38.8%
2005 36.5% -5.8%
2006 35.5% -2.8%
2007 33.1% -6.8%
2008 33.3% +0.6%
2009 33.7% +1.1%
2010 37.4% +11.1%
2011 37.2% -0.5%
2012 36.4% -2.2%
2013 36.2% -0.6%
2014 33.2% -8.3%
2015 32.2% -3.1%
2016 31.3% -2.5%
2017 29.5% -5.8%
2018 33.1% +12.1%
2019 31.2% -5.6%
2020 28.0% -10.3%
2021 27.6% -1.6%
2022 23.5% -14.8%
2023 23.5% +0.0%
2024 23.6% +0.3%
2025 23.6% +0.0%

Latvia compared with similar countries

  • Latvia's 23.6% is below the median for high income countries, which is 37.8%, 62% of the median. (67 countries reporting)
  • Latvia's 23.6% is below the median for Europe & Central Asia, which is 41.9%, 56% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0% 0.0% 0.0% 1
1990s 0.0% 0.0% 0.0% 10
2000s 21.1% 0.0% 38.8% 10
2010s 33.8% 29.5% 37.4% 10
2020s 25.0% 23.5% 28.0% 6

Countries ranked near Latvia

  1. 43 Hungary 33.3% compare
  2. 44 United Kingdom 32.6% compare
  3. 45 Lithuania 28.6% compare
  4. 47 Colombia 20.3% compare
  5. 48 Indonesia 20.2% compare
  6. 49 United States 9.1% compare

See the full ranking of 200 places →

More climate change data for Latvia

All data for Latvia →

Frequently asked questions

What is share of co₂ emissions covered by a carbon price in Latvia?
Share of co₂ emissions covered by a carbon price in Latvia was 23.6% in 2025, according to Dolphin and Merkle (2024) – with minor processing by Our World in Data.
What is the highest share of co₂ emissions covered by a carbon price recorded in Latvia?
The highest recorded value was 38.8% in 2004.
What is the lowest share of co₂ emissions covered by a carbon price recorded in Latvia?
The lowest recorded value was 0.0% in 1989.
How does Latvia rank for share of co₂ emissions covered by a carbon price?
Latvia ranks 46th out of 200 countries with data for 2025.
Is share of co₂ emissions covered by a carbon price rising or falling in Latvia?
Over the last ten years it is down 26.6%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as part of Share of CO₂ emissions covered by a carbon price. Statizoid updates them automatically from the source API.

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Share of CO₂ emissions covered by a carbon price in Latvia. Statizoid, drawing on Dolphin and Merkle (2024) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://climate.statizoid.com/stat/carbon-tax-trading-coverage/latvia/

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About this data

Indicator
Share of CO₂ emissions covered by a carbon price
Unit
%
Source
Dolphin and Merkle (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 7,400 data points, 1989–2025
Last refreshed

Carbon dioxide emissions are included in this figure if they are covered by a carbon tax or trading system.