DE · Europe ↔ LV · Europe

Germany vs Latvia: tax rates compared

Germany has a corporate tax rate of 30.1%, 10.1pp above Latvia's 20%. The 201-country average is 22.6%: Germany sits above it, Latvia sits 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%DE 30.1%LV 20%
Corporate Tax, side by side
CountryRateSource
Germany30.1%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+10.1 ppGermany higherlargest gap on this page

VAT

0102030405060World avg 19.2%DE 19%LV 21%
VAT, side by side
CountryRateSource
Germany19%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
Latvia21%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
Difference−2 ppLatvia higher

Latvia has a VAT rate of 21%, 2pp above Germany's 19%. The 37-country average is 19.2%: Germany sits below it, Latvia sits above it.

Wealth Tax

0102030405060World avg 0.1%DE 0%LV 0%
Wealth Tax, side by side
CountryRateSource
Germany0%Source: PWC Worldwide Tax Summaries — Germany (Individual, Other taxes) · as of 2026-06-30
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed rates match

Germany 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.