GR · EuropeLV · Europe
Greece vs Latvia: tax rates compared
Between the two, Greece's income tax rate (44%) tops Latvia's (33%) by 11pp. The 200-country average is 28%: both sit above it.
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 | GR | LV | Difference |
|---|---|---|---|
| Income Tax | 44% | 33% | GR +11 pp |
| Corporate Tax | 22% | 20% | GR +2 pp |
| VAT | 24% | 21% | GR +3 pp |
| Capital Gains Tax | 0% | 25.5% | LV +25.5 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 44% | 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 | Greece higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 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 | Greece higher |
Between the two, Greece's corporate tax rate (22%) tops Latvia's (20%) by 2pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Greece | 24% | Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | +3 pp | Greece higher |
Between the two, Greece's VAT rate (24%) tops Latvia's (21%) by 3pp. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Greece (Individual, Income determination) · as of 2026-02-16 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −25.5 pp | Latvia higher |
Between the two, Latvia's capital gains tax rate (25.5%) tops Greece's (0%) by 25.5pp. The 175-country average is 10.3%: Greece sits below it, Latvia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16 |
| 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 |
There's no gap here — Greece and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.