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Central African Republic vs Latvia: tax rates compared

Central African Republic's income tax rate is 7pp higher than Latvia's (40% vs 33%). The 200-country average is 28%: both sit above it. Central African Republic'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 four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income33%40%Corporate20%30%VAT19%21%Capital Gains25.5%40%
four shared taxes, side by side
Tax CF LVDifference
Income Tax40%33%CF +7 pp
Corporate Tax30%20%CF +10 pp
VAT19%21%LV +2 pp
Capital Gains Tax40%25.5%CF +14.5 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Central African Republic40%Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 86) · as of 2023-01-01
Latvia33%Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Difference+7 ppCentral African Republic higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Central African Republic30%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 ppCentral African Republic higher

Central African Republic's corporate tax rate is 10pp higher than Latvia's (30% vs 20%). The 201-country average is 22.6%: Central African Republic sits above it, Latvia sits below it.

VAT

VAT, side by side
CountryRateSource
Central African Republic19%Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 257) · as of 2019-01-01
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference−2 ppLatvia higher

Latvia's VAT rate is 2pp higher than Central African Republic's (21% vs 19%). The 181-country average is 15%: both sit above it. Central African Republic's figure is dated 2019-01-01 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
Central African Republic40%Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Articles 55, 86) · as of 2023-01-01
Latvia25.5%Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30
Difference+14.5 ppCentral African Republic higher

Central African Republic's capital gains tax rate is 14.5pp higher than Latvia's (40% vs 25.5%). The 175-country average is 10.3%: both sit above it. Central African Republic's figure is dated 2023-01-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax, Wealth Tax.