LV · EuropeML · Africa
Latvia vs Mali: tax rates compared
Mali's income tax rate is 4pp higher than Latvia's (37% vs 33%). The 200-country average is 28%: both sit above it. Latvia's figure is dated 2025-12-30 and Mali's 2015-07-01, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | LV | ML | Difference |
|---|---|---|---|
| Income Tax | 33% | 37% | ML +4 pp |
| Corporate Tax | 20% | 30% | ML +10 pp |
| VAT | 21% | 18% | LV +3 pp |
| Capital Gains Tax | 25.5% | 7% | LV +18.5 pplargest gap |
| 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 |
| Mali | 37% | Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01 |
| Difference | −4 pp | Mali higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mali | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Mali higher |
Mali's corporate tax rate is 10pp higher than Latvia's (30% vs 20%). The 201-country average is 22.6%: Latvia sits below it, Mali sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Mali | 18% | Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01 |
| Difference | +3 pp | Latvia higher |
Latvia's VAT rate is 3pp higher than Mali's (21% vs 18%). The 181-country average is 15%: both sit above it. Latvia's figure is dated 2026-06-30 and Mali's 2020-04-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Mali | 7% | Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01 |
| Difference | +18.5 pp | Latvia higher |
Latvia's capital gains tax rate is 18.5pp higher than Mali's (25.5% vs 7%). The 175-country average is 10.3%: Latvia sits above it, Mali sits below it. Latvia's figure is dated 2026-06-30 and Mali's 2017-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Mali | 0% | Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Latvia's wealth tax rate is identical to Mali's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.