EE · EuropeLV · Europe
Estonia vs Latvia: tax rates compared
Latvia has an income tax rate of 33%, 11pp above Estonia's 22%. The 200-country average is 28%: Estonia sits below it, Latvia sits 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 | EE | LV | Difference |
|---|---|---|---|
| Income Tax | 22% | 33% | LV +11 pplargest gap |
| Corporate Tax | 22% | 20% | EE +2 pp |
| VAT | 24% | 21% | EE +3 pp |
| Capital Gains Tax | 22% | 25.5% | LV +3.5 pp |
| Crypto Tax | 22% | 25.5% | LV +3.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | −11 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | 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 | Estonia higher |
Estonia has a corporate tax rate of 22%, 2pp above Latvia's 20%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Estonia | 24% | Source: Estonian Tax and Customs Board (EMTA) — Value added tax · as of 2025-07-01 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | +3 pp | Estonia higher |
Estonia has a VAT rate of 24%, 3pp above Latvia's 21%. The 181-country average is 15%: 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.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | Source: PwC Worldwide Tax Summaries — Estonia, Individual - Taxes on personal income · as of 2026-05-29 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −3.5 pp | Latvia higher |
Latvia has a capital gains tax rate of 25.5%, 3.5pp above Estonia's 22%. The 175-country average is 10.3%: both sit above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 22% | Source: Estonian Tax and Customs Board (EMTA) — Crypto-assets · as of 2026-02-15 |
| Latvia | 25.5% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01 |
| Difference | −3.5 pp | Latvia higher |
Latvia has a crypto tax rate of 25.5%, 3.5pp above Estonia's 22%. The 88-country average is 13%: both sit above it. Estonia's figure is dated 2026-02-15 and Latvia's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Estonia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-29 |
| 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 |
Estonia and Latvia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.