BF · AfricaLV · Europe
Burkina Faso vs Latvia: tax rates compared
Latvia's income tax rate is 8pp higher than Burkina Faso's (33% vs 25%). The 200-country average is 28%: Burkina Faso sits below it, Latvia sits above it. Burkina Faso's figure is dated 2023-01-01 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 | BF | LV | Difference |
|---|---|---|---|
| Income Tax | 25% | 33% | LV +8 pp |
| Corporate Tax | 27.5% | 20% | BF +7.5 pp |
| VAT | 18% | 21% | LV +3 pp |
| Capital Gains Tax | 10% | 25.5% | LV +15.5 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 25% | Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | −8 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 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 | Burkina Faso higher |
Burkina Faso's corporate tax rate is 7.5pp higher than Latvia's (27.5% vs 20%). The 201-country average is 22.6%: Burkina Faso sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 18% | Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts · as of 2023-01-01 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −3 pp | Latvia higher |
Latvia's VAT rate is 3pp higher than Burkina Faso's (21% vs 18%). The 181-country average is 15%: both sit above it. Burkina Faso's figure is dated 2023-01-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 10% | Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −15.5 pp | Latvia higher |
Latvia's capital gains tax rate is 15.5pp higher than Burkina Faso's (25.5% vs 10%). The 175-country average is 10.3%: Burkina Faso sits below it, Latvia sits above it. Burkina Faso's figure is dated 2023-01-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Burkina Faso | 0% | Source: ATAF — "Burkina Faso evaluates wealth tax options through ATAF Engagement" · as of 2026-03-15 |
| 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 |
Burkina Faso's wealth tax rate is identical to Latvia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.