ID · AsiaLV · Europe

Indonesia vs Latvia: tax rates compared

Between the two, Indonesia's income tax rate (35%) tops Latvia's (33%) by 2pp. The 200-country average is 28%: both sit above it. Indonesia's figure is dated 2026-06-11 and Latvia's 2025-12-30, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income33%35%Corporate20%22%VAT12%21%Capital Gains0.1%25.5%Crypto0.2%25.5%Wealth Tax0%
six shared taxes, side by side
Tax ID LVDifference
Income Tax35%33%ID +2 pp
Corporate Tax22%20%ID +2 pp
VAT12%21%LV +9 pp
Capital Gains Tax0.1%25.5%LV +25.4 pplargest gap
Crypto Tax0.2%25.5%LV +25.3 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Indonesia35%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Taxes on personal income) · as of 2026-06-11
Latvia33%Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Difference+2 ppIndonesia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Indonesia22%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 ppIndonesia higher

Between the two, Indonesia's corporate tax rate (22%) tops Latvia's (20%) by 2pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Indonesia12%Source: PWC Worldwide Tax Summaries — Indonesia (Corporate, Other taxes) · as of 2026-06-11
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference−9 ppLatvia higher

Between the two, Latvia's VAT rate (21%) tops Indonesia's (12%) by 9pp. The 181-country average is 15%: Indonesia sits below it, Latvia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Indonesia0.1%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Other taxes) · as of 2026-06-11
Latvia25.5%Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30
Difference−25.4 ppLatvia higher

Between the two, Latvia's capital gains tax rate (25.5%) tops Indonesia's (0.1%) by 25.4pp. The 175-country average is 10.3%: Indonesia sits below it, Latvia sits above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Indonesia0.2%Source: Direktorat Jenderal Pajak (Indonesian Directorate General of Taxes) — PMK 50/2025: Babak Baru Pemajakan Aset Kripto · as of 2025-08-01
Latvia25.5%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01
Difference−25.3 ppLatvia higher

Between the two, Latvia's crypto tax rate (25.5%) tops Indonesia's (0.2%) by 25.3pp. The 88-country average is 13%: Indonesia sits below it, Latvia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Indonesia0%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Other taxes) · as of 2026-06-11
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 — Indonesia and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.