BJ · AfricaLV · Europe

Benin vs Latvia: tax rates compared

Latvia has an income tax rate of 33%, 3pp above Benin's 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

0102030405060Income30%33%Corporate20%30%VAT18%21%Capital Gains5%25.5%Wealth Tax0%
five shared taxes, side by side
Tax BJ LVDifference
Income Tax30%33%LV +3 pp
Corporate Tax30%20%BJ +10 pp
VAT18%21%LV +3 pp
Capital Gains Tax5%25.5%LV +20.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Benin30%Source: Direction Générale des Impôts, Ministère de l'Économie et des Finances (Bénin) — Code Général des Impôts 2025 · as of 2025-01-01
Latvia33%Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Difference−3 ppLatvia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Benin30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Latvia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppBenin higher

Benin has a corporate tax rate of 30%, 10pp above Latvia's 20%. The 201-country average is 22.6%: Benin sits above it, Latvia sits below it.

VAT

VAT, side by side
CountryRateSource
Benin18%Source: Direction Générale des Impôts, Ministère de l'Économie et des Finances (Bénin) — Code Général des Impôts 2025 · as of 2025-01-01
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference−3 ppLatvia higher

Latvia has a VAT rate of 21%, 3pp above Benin's 18%. The 181-country average is 15%: both sit above it. Benin's figure is dated 2025-01-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Benin5%Source: Direction Générale des Impôts, Ministère de l'Économie et des Finances (Bénin) — Code Général des Impôts 2025 · as of 2025-01-01
Latvia25.5%Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30
Difference−20.5 ppLatvia higher

Latvia has a capital gains tax rate of 25.5%, 20.5pp above Benin's 5%. The 175-country average is 10.3%: Benin sits below it, Latvia sits above it. Benin's figure is dated 2025-01-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Benin0%Source: Bénin — Code Général des Impôts 2025 (Ministère de l'Économie et des Finances) · as of 2026-07-18
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed rates match

Benin and Latvia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.