GY · Americas ↔ LV · Europe

Guyana vs Latvia: tax rates compared

Between the two, Guyana's corporate tax rate (25%) tops Latvia's (20%) by 5pp. The 201-country average is 22.6%: Guyana sits above it, Latvia sits below it.

Verified data covers two 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%GY 25%LV 20%
Corporate Tax, side by side
CountryRateSource
Guyana25%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+5 ppGuyana higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%GY 0%LV 0%
Wealth Tax, side by side
CountryRateSource
Guyana0%Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02
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 — Guyana 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, VAT, Capital Gains Tax, Crypto Tax.