Latvia vs Slovakia: Statutory corporate income tax rate
Statutory corporate income tax rate over time
- Latvia
- Slovakia
How they compare
Slovakia currently reports 21.0% against 20.0% in Latvia, a difference of 1.0%.
That makes Slovakia's figure about 1.1 times Latvia's.
Across all 19 years both countries report, Slovakia has been ahead every year.
Latvia ranks 54th and Slovakia ranks 53rd of 93 countries.
Slovakia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.1% | 22.2% | 4.1% | Slovakia |
| 2010s | 15.6% | 20.9% | 5.3% | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher statutory corporate income tax rate, Latvia or Slovakia?
- Slovakia, at 21.0% against 20.0% in Latvia as of 2018.
- What is the difference in statutory corporate income tax rate between Latvia and Slovakia?
- 1.0%, with Slovakia ahead.
- How many years of comparable data are there for Latvia and Slovakia?
- 19 years are reported by both, from 2000 to 2018.
- How do Latvia and Slovakia rank globally for statutory corporate income tax rate?
- Latvia ranks 54th and Slovakia ranks 53rd 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.