LV · EuropeLR · Africa
Latvia vs Liberia: tax rates compared
Latvia has an income tax rate of 33%, 8pp above Liberia's 25%. The 200-country average is 28%: Latvia sits above it, Liberia sits below it. Latvia's figure is dated 2025-12-30 and Liberia's 2026-01-14, so the two rates come from different data vintages.
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
| Tax | LV | LR | Difference |
|---|---|---|---|
| Income Tax | 33% | 25% | LV +8 pplargest gap |
| Corporate Tax | 20% | 25% | LR +5 pp |
| Capital Gains Tax | 25.5% | 25% | LV +0.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14 |
| Difference | +8 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Liberia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Liberia higher |
Liberia has a corporate tax rate of 25%, 5pp above Latvia's 20%. The 201-country average is 22.6%: Latvia sits below it, Liberia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Liberia | 25% | Source: PWC Worldwide Tax Summaries — Republic of Liberia (Individual, Taxes on personal income) · as of 2026-01-14 |
| Difference | +0.5 pp | Latvia higher |
Latvia has a capital gains tax rate of 25.5%, 0.5pp above Liberia's 25%. The 175-country average is 10.3%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Liberia | 0% | Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14 |
| Difference | 0 pp | displayed rates match |
Latvia and Liberia 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.