CR · Americas ↔ LV · Europe

Costa Rica vs Latvia: tax rates compared

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

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%CR 30%LV 20%
Corporate Tax, side by side
CountryRateSource
Costa Rica30%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 ppCosta Rica higherlargest gap on this page

VAT

0102030405060World avg 19.5%CR 13%LV 21%
VAT, side by side
CountryRateSource
Costa Rica13%Source: PWC Worldwide Tax Summaries — Costa Rica (Corporate, Other taxes) · as of 2026-06-30
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference−8 ppLatvia higher

Latvia has a VAT rate of 21%, 8pp above Costa Rica's 13%. The 37-country average is 19.5%: Costa Rica sits below it, Latvia sits above it.

Wealth Tax

0102030405060World avg 0.1%CR 0%LV 0%
Wealth Tax, side by side
CountryRateSource
Costa Rica0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed rates match

Costa Rica 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: Income Tax, Capital Gains Tax, Crypto Tax.