BD · AsiaLV · Europe
Bangladesh vs Latvia: tax rates compared
Latvia's income tax rate is 3pp higher than Bangladesh's (33% vs 30%). The 200-country average is 28%: both sit above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BD | LV | Difference |
|---|---|---|---|
| Income Tax | 30% | 33% | LV +3 pp |
| Corporate Tax | 27.5% | 20% | BD +7.5 pp |
| VAT | 15% | 21% | LV +6 pp |
| Capital Gains Tax | 15% | 25.5% | LV +10.5 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 30% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Taxes on personal income) · as of 2025-12-18 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | −3 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 27.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7.5 pp | Bangladesh higher |
Bangladesh's corporate tax rate is 7.5pp higher than Latvia's (27.5% vs 20%). The 201-country average is 22.6%: Bangladesh sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 15% | Source: PWC Worldwide Tax Summaries — Bangladesh (Corporate, Other taxes) · as of 2025-12-18 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −6 pp | Latvia higher |
Latvia's VAT rate is 6pp higher than Bangladesh's (21% vs 15%). The 181-country average is 15%: Bangladesh matches the world average, Latvia sits above it. Bangladesh's figure is dated 2025-12-18 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 15% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Income determination) · as of 2025-12-18 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −10.5 pp | Latvia higher |
Latvia's capital gains tax rate is 10.5pp higher than Bangladesh's (25.5% vs 15%). The 175-country average is 10.3%: both sit above it. Bangladesh's figure is dated 2025-12-18 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bangladesh | 0% | Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Other taxes / Taxes on personal income) · as of 2025-12-18 |
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
Bangladesh's wealth tax rate is identical to Latvia's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Bangladesh's figure is dated 2025-12-18 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.