TaxGlass

GR · Europe ↔ LV · Europe

Greece vs Latvia: tax rates compared

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.

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%GR 22%LV 20%
Corporate Tax, side by side
CountryRateSource
Greece22%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+2 ppGreece higher

VAT

0102030405060World avg 19.5%GR 24%LV 21%
VAT, side by side
CountryRateSource
Greece24%Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference+3 ppGreece higherlargest gap on this page

Between the two, Greece's VAT rate (24%) tops Latvia's (21%) by 3pp. The 37-country average is 19.5%: both sit above it.

Wealth Tax

0102030405060World avg 0.1%GR 0%LV 0%
Wealth Tax, side by side
CountryRateSource
Greece0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed 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: Income Tax, Capital Gains Tax, Crypto Tax.