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Kyrgyzstan vs Latvia: tax rates compared

Latvia has an income tax rate of 33%, 23pp above Kyrgyzstan's 10%. The 200-country average is 28%: Kyrgyzstan sits below it, Latvia sits above it.

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

At a glance

0102030405060Income10%33%Corporate10%20%Capital Gains0%25.5%Wealth Tax0%
four shared taxes, side by side
Tax KG LVDifference
Income Tax10%33%LV +23 pp
Corporate Tax10%20%LV +10 pp
Capital Gains Tax0%25.5%LV +25.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Kyrgyzstan10%Source: Kyrgyz Republic State Tax Service — Tax Code of the Kyrgyz Republic, Article 197 · as of 2025-12-31
Latvia33%Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Difference−23 ppLatvia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Kyrgyzstan10%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 ppLatvia higher

Latvia has a corporate tax rate of 20%, 10pp above Kyrgyzstan's 10%. The 201-country average is 22.6%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Kyrgyzstan0%Source: State Tax Service under the Cabinet of Ministers of the Kyrgyz Republic — Tax Code of the Kyrgyz Republic, Article 213(1)(15) · as of 2026-01-27
Latvia25.5%Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30
Difference−25.5 ppLatvia higher

Latvia has a capital gains tax rate of 25.5%, 25.5pp above Kyrgyzstan's 0%. The 175-country average is 10.3%: Kyrgyzstan sits below it, Latvia sits above it.

Wealth Tax

Kyrgyzstan 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: VAT, Crypto Tax.