BO · AmericasLV · Europe
Bolivia vs Latvia: tax rates compared
Between the two, Latvia's income tax rate (33%) tops Bolivia's (13%) by 20pp. The 200-country average is 28%: Bolivia sits below it, Latvia sits above it. Bolivia's figure is dated 2026-03-26 and Latvia's 2025-12-30, so the two rates come from different data vintages.
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 | BO | LV | Difference |
|---|---|---|---|
| Income Tax | 13% | 33% | LV +20 pp |
| Corporate Tax | 25% | 20% | BO +5 pp |
| VAT | 13% | 21% | LV +8 pp |
| Capital Gains Tax | 0% | 25.5% | LV +25.5 pplargest gap |
| Wealth Tax | 2.4% | 0% | BO +2.4 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 13% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Taxes on personal income) · as of 2026-03-26 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | −20 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 25% | 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 | +5 pp | Bolivia higher |
Between the two, Bolivia's corporate tax rate (25%) tops Latvia's (20%) by 5pp. The 201-country average is 22.6%: Bolivia sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bolivia | 13% | Source: PWC Worldwide Tax Summaries — Bolivia (Corporate, Other taxes) · as of 2026-03-26 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −8 pp | Latvia higher |
Between the two, Latvia's VAT rate (21%) tops Bolivia's (13%) by 8pp. The 181-country average is 15%: Bolivia sits below it, Latvia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 0% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Income determination) · as of 2026-03-26 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −25.5 pp | Latvia higher |
Between the two, Latvia's capital gains tax rate (25.5%) tops Bolivia's (0%) by 25.5pp. The 175-country average is 10.3%: Bolivia sits below it, Latvia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bolivia | 2.4% | Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Other taxes) · as of 2026-03-26 |
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Difference | +2.4 pp | Bolivia higher |
Between the two, Bolivia's wealth tax rate (2.4%) tops Latvia's (0%) by 2.4pp. The 193-country average is 0.1%: Bolivia sits above it, Latvia sits below it.
Not covered for both countries yet: Crypto Tax.