Finland vs Latvia: Statutory corporate income tax rate
Finland
20.0%
in 2018
Latvia
20.0%
in 2018
Finland rank
54th
Latvia rank
54th
Statutory corporate income tax rate over time
- Finland
- Latvia
How they compare
Finland currently reports 20.0% against 20.0% in Latvia, a difference of 0.0%.
The two have swapped places 1 time across 19 shared years of data; in 2000 it was Finland ahead.
Finland ranks 54th and Latvia ranks 54th of 93 countries.
Finland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Finland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.5% | 18.1% | 9.4% | Finland |
| 2010s | 22.3% | 15.6% | 6.8% | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher statutory corporate income tax rate, Finland or Latvia?
- Finland, at 20.0% against 20.0% in Latvia as of 2018.
- What is the difference in statutory corporate income tax rate between Finland and Latvia?
- 0.0%, with Finland ahead.
- How many years of comparable data are there for Finland and Latvia?
- 19 years are reported by both, from 2000 to 2018.
- How do Finland and Latvia rank globally for statutory corporate income tax rate?
- Finland ranks 54th and Latvia ranks 54th of 93 countries.
- Where does this data come from?
- OECD (2019) β processed by Our World in Data, published as Statutory corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.