HR · EuropeLV · Europe
Croatia vs Latvia: tax rates compared
There's no gap here — Croatia and Latvia both post an income tax rate of 33%. The 200-country average is 28%: both sit above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | HR | LV | Difference |
|---|---|---|---|
| Income Tax | 33% | 33% | match |
| Corporate Tax | 18% | 20% | LV +2 pp |
| VAT | 25% | 21% | HR +4 pp |
| Capital Gains Tax | 0% | 25.5% | LV +25.5 pplargest gap |
| Crypto Tax | 12% | 25.5% | LV +13.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 33% | Source: PWC Worldwide Tax Summaries — Croatia (Individual, Taxes on personal income) · as of 2025-12-30 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 18% | 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 | −2 pp | Latvia higher |
Between the two, Latvia's corporate tax rate (20%) tops Croatia's (18%) by 2pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Croatia | 25% | Source: PWC Worldwide Tax Summaries — Croatia (Corporate, Other taxes) · as of 2025-12-30 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | +4 pp | Croatia higher |
Between the two, Croatia's VAT rate (25%) tops Latvia's (21%) by 4pp. The 181-country average is 15%: both sit above it. Croatia's figure is dated 2025-12-30 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 0% | Source: PWC Worldwide Tax Summaries — Croatia (Individual, Income determination) · as of 2025-12-30 |
| 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 Croatia's (0%) by 25.5pp. The 175-country average is 10.3%: Croatia sits below it, Latvia sits above it. Croatia's figure is dated 2025-12-30 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 12% | Source: Croatian Tax Administration (Porezna uprava) — Opinion: Tax treatment of capital gains from trading cryptocurrencies (Class: 410-01/17-08/29) · as of 2018-03-19 |
| Latvia | 25.5% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01 |
| Difference | −13.5 pp | Latvia higher |
Between the two, Latvia's crypto tax rate (25.5%) tops Croatia's (12%) by 13.5pp. The 88-country average is 13%: Croatia sits below it, Latvia sits above it. Croatia's figure is dated 2018-03-19 and Latvia's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 0% | Source: PWC Worldwide Tax Summaries — Croatia (Individual, Other taxes) · as of 2025-12-30 |
| 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 |
There's no gap here — Croatia and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Croatia's figure is dated 2025-12-30 and Latvia's 2026-06-30, so the two rates come from different data vintages.