EC · AmericasLV · Europe
Ecuador vs Latvia: tax rates compared
Between the two, Ecuador's income tax rate (37%) tops Latvia's (33%) by 4pp. The 200-country average is 28%: both sit above it. Ecuador's figure is dated 2026-02-09 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 | EC | LV | Difference |
|---|---|---|---|
| Income Tax | 37% | 33% | EC +4 pp |
| Corporate Tax | 25% | 20% | EC +5 pp |
| VAT | 15% | 21% | LV +6 pp |
| Capital Gains Tax | 37% | 25.5% | EC +11.5 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Ecuador | 37% | Source: PwC Worldwide Tax Summaries — Ecuador, Individual - Taxes on personal income · as of 2026-02-09 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | +4 pp | Ecuador higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Ecuador | 25% | 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 | +5 pp | Ecuador higher |
Between the two, Ecuador's corporate tax rate (25%) tops Latvia's (20%) by 5pp. The 201-country average is 22.6%: Ecuador sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Ecuador | 15% | Source: PWC Worldwide Tax Summaries — Ecuador (Corporate, Other taxes) · as of 2026-02-09 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −6 pp | Latvia higher |
Between the two, Latvia's VAT rate (21%) tops Ecuador's (15%) by 6pp. The 181-country average is 15%: Ecuador matches the world average, Latvia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Ecuador | 37% | Source: PwC Worldwide Tax Summaries — Ecuador, Individual - Taxes on personal income · as of 2026-02-09 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | +11.5 pp | Ecuador higher |
Between the two, Ecuador's capital gains tax rate (37%) tops Latvia's (25.5%) by 11.5pp. The 175-country average is 10.3%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Ecuador | 0% | Source: PWC Worldwide Tax Summaries — Ecuador (Individual, Other taxes) · as of 2026-02-09 |
| 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 — Ecuador and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.