GA · AfricaLV · Europe
Gabon vs Latvia: tax rates compared
Gabon's income tax rate is 2pp higher than Latvia's (35% vs 33%). The 200-country average is 28%: both sit above it. Gabon's figure is dated 2026-01-13 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 | GA | LV | Difference |
|---|---|---|---|
| Income Tax | 35% | 33% | GA +2 pp |
| Corporate Tax | 30% | 20% | GA +10 pplargest gap |
| VAT | 18% | 21% | LV +3 pp |
| Capital Gains Tax | 20% | 25.5% | LV +5.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Gabon | 35% | Source: PwC Worldwide Tax Summaries — Gabon, Individual - Taxes on personal income · as of 2026-01-13 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | +2 pp | Gabon higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Gabon | 30% | 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 | +10 pp | Gabon higher |
Gabon's corporate tax rate is 10pp higher than Latvia's (30% vs 20%). The 201-country average is 22.6%: Gabon sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Gabon | 18% | Source: PWC Worldwide Tax Summaries — Gabon (Corporate, Other taxes) · as of 2026-01-13 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −3 pp | Latvia higher |
Latvia's VAT rate is 3pp higher than Gabon's (21% vs 18%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Gabon | 20% | Source: PwC Worldwide Tax Summaries — Gabon, Individual - Other taxes · as of 2026-01-13 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −5.5 pp | Latvia higher |
Latvia's capital gains tax rate is 5.5pp higher than Gabon's (25.5% vs 20%). The 175-country average is 10.3%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Gabon | 0% | Source: PWC Worldwide Tax Summaries — Gabon (Individual, Other taxes) · as of 2026-01-13 |
| 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 |
Gabon'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.