FJ · OceaniaLV · Europe
Fiji vs Latvia: tax rates compared
Latvia's income tax rate is 13pp higher than Fiji's (33% vs 20%). The 200-country average is 28%: Fiji sits below it, Latvia sits above it. Fiji's figure is dated 2026-06-02 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 | FJ | LV | Difference |
|---|---|---|---|
| Income Tax | 20% | 33% | LV +13 pp |
| Corporate Tax | 25% | 20% | FJ +5 pp |
| VAT | 12.5% | 21% | LV +8.5 pp |
| Capital Gains Tax | 0% | 25.5% | LV +25.5 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Fiji | 20% | Source: Fiji Revenue and Customs Service — Tax Rates and Codes · as of 2026-06-02 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | −13 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Fiji | 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 | Fiji higher |
Fiji's corporate tax rate is 5pp higher than Latvia's (25% vs 20%). The 201-country average is 22.6%: Fiji sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Fiji | 12.5% | Source: Fiji Revenue and Customs Service — VAT Guide · as of 2025-08-01 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −8.5 pp | Latvia higher |
Latvia's VAT rate is 8.5pp higher than Fiji's (21% vs 12.5%). The 181-country average is 15%: Fiji sits below it, Latvia sits above it. Fiji's figure is dated 2025-08-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Fiji | 0% | Source: Fiji Revenue & Customs Service — Capital Gains Tax · as of 2025-08-13 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −25.5 pp | Latvia higher |
Latvia's capital gains tax rate is 25.5pp higher than Fiji's (25.5% vs 0%). The 175-country average is 10.3%: Fiji sits below it, Latvia sits above it. Fiji's figure is dated 2025-08-13 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Fiji | 0% | Source: Fiji Revenue and Customs Service — Taxation services · as of 2026-07-18 |
| 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 |
Fiji's wealth tax rate is identical to Latvia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.