LV · EuropeMZ · Africa
Latvia vs Mozambique: tax rates compared
Between the two, Latvia's income tax rate (33%) tops Mozambique's (32%) by 1pp. The 200-country average is 28%: both sit above it. Latvia's figure is dated 2025-12-30 and Mozambique's 2026-03-04, 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 | MZ | Difference |
|---|---|---|---|
| Income Tax | 33% | 32% | LV +1 pp |
| Corporate Tax | 20% | 32% | MZ +12 pplargest gap |
| VAT | 21% | 16% | LV +5 pp |
| Capital Gains Tax | 25.5% | 32% | MZ +6.5 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 |
| Mozambique | 32% | Source: PWC Worldwide Tax Summaries — Mozambique (Individual, Taxes on personal income) · as of 2026-03-04 |
| Difference | +1 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mozambique | 32% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −12 pp | Mozambique higher |
Between the two, Mozambique's corporate tax rate (32%) tops Latvia's (20%) by 12pp. The 201-country average is 22.6%: Latvia sits below it, Mozambique sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Mozambique | 16% | Source: PWC Worldwide Tax Summaries — Mozambique (Corporate, Other taxes) · as of 2026-03-04 |
| Difference | +5 pp | Latvia higher |
Between the two, Latvia's VAT rate (21%) tops Mozambique's (16%) by 5pp. The 181-country average is 15%: both sit 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 |
| Mozambique | 32% | Source: PwC Worldwide Tax Summaries — Mozambique (Individual, Income determination) · as of 2026-03-04 |
| Difference | −6.5 pp | Mozambique higher |
Between the two, Mozambique's capital gains tax rate (32%) tops Latvia's (25.5%) by 6.5pp. 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 |
| Mozambique | 0% | Source: PWC Worldwide Tax Summaries — Mozambique (Individual, Other taxes) · as of 2026-03-04 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Latvia and Mozambique 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: Crypto Tax.