EE · Europe ↔ LV · Europe

Estonia vs Latvia: tax rates compared

Estonia has a corporate tax rate of 22%, 2pp above Latvia's 20%. The 201-country average is 22.6%: both sit 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%EE 22%LV 20%
Corporate Tax, side by side
CountryRateSource
Estonia22%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+2 ppEstonia higher

VAT

0102030405060World avg 19.5%EE 24%LV 21%
VAT, side by side
CountryRateSource
Estonia24%Source: Estonian Tax and Customs Board (EMTA) — Value added tax · as of 2025-07-01
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference+3 ppEstonia higherlargest gap on this page

Estonia has a VAT rate of 24%, 3pp above Latvia's 21%. The 37-country average is 19.5%: both sit above it. Estonia's figure is dated 2025-07-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%EE 0%LV 0%
Wealth Tax, side by side
CountryRateSource
Estonia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-29
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed rates match

Estonia 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.