CM · AfricaLV · Europe
Cameroon vs Latvia: tax rates compared
Cameroon has an income tax rate of 38.5%, 5.5pp above Latvia's 33%. 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 | CM | LV | Difference |
|---|---|---|---|
| Income Tax | 38.5% | 33% | CM +5.5 pp |
| Corporate Tax | 33% | 20% | CM +13 pplargest gap |
| VAT | 19.3% | 21% | LV +1.7 pp |
| Capital Gains Tax | 16.5% | 25.5% | LV +9 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 38.5% | Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | +5.5 pp | Cameroon higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 33% | 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 | +13 pp | Cameroon higher |
Cameroon has a corporate tax rate of 33%, 13pp above Latvia's 20%. The 201-country average is 22.6%: Cameroon sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cameroon | 19.3% | Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −1.7 pp | Latvia higher |
Latvia has a VAT rate of 21%, 1.7pp above Cameroon's 19.3%. The 181-country average is 15%: both sit above it. Cameroon's figure is dated 2025-12-31 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 16.5% | Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Income determination) · as of 2025-12-31 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −9 pp | Latvia higher |
Latvia has a capital gains tax rate of 25.5%, 9pp above Cameroon's 16.5%. The 175-country average is 10.3%: both sit above it. Cameroon's figure is dated 2025-12-31 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cameroon | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31 |
| 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 |
Cameroon and Latvia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Cameroon's figure is dated 2025-12-31 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.