Effective tax rates for expenditure based tax incentives - Corporate in Latvia
Latvia: Effective tax rates for expenditure based tax incentives - Corporate was 18 Percentage of taxable income in 2025. ▬ Flat
Effective tax rates for expenditure based tax incentives - Corporate in Latvia, 2019–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Latvia recorded 18 Percentage of taxable income for effective tax rates for expenditure based tax incentives - corporate in 2025. That is the highest value across all 7 years on record.
That represents a change of unchanged over ten years.
That places Latvia 17th out of 50 countries with data for 2025, putting it in the middle of the range.
Effective tax rates for expenditure based tax incentives - Corporate in Latvia, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2019 | 18 Percentage of taxable income | — |
| 2020 | 18 Percentage of taxable income | +0.0% |
| 2021 | 18 Percentage of taxable income | +0.0% |
| 2022 | 18 Percentage of taxable income | +0.0% |
| 2023 | 18 Percentage of taxable income | +0.0% |
| 2024 | 18 Percentage of taxable income | +0.0% |
| 2025 | 18 Percentage of taxable income | +0.0% |
Latvia compared with similar countries
- Latvia's 18 Percentage of taxable income is above the median for high income countries, which is 12.71 Percentage of taxable income, 1.4× the median. (40 countries reporting)
- Latvia's 18 Percentage of taxable income is above the median for Europe & Central Asia, which is 10.17 Percentage of taxable income, 1.8× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18 Percentage of taxable income | 18 Percentage of taxable income | 18 Percentage of taxable income | 1 |
| 2020s | 18 Percentage of taxable income | 18 Percentage of taxable income | 18 Percentage of taxable income | 6 |
Countries ranked near Latvia
- 14 Japan 19.19 Percentage of taxable income compare
- 15 Denmark 19.1 Percentage of taxable income compare
- 16 Switzerland 18.03 Percentage of taxable income compare
- 18 Estonia 17.73 Percentage of taxable income compare
- 19 New Zealand 17.45 Percentage of taxable income compare
- 20 Canada 17.44 Percentage of taxable income compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is effective tax rates for expenditure based tax incentives - corporate in Latvia?
- Effective tax rates for expenditure based tax incentives - corporate in Latvia was 18 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates for expenditure based tax incentives - corporate recorded in Latvia?
- The highest recorded value was 18 Percentage of taxable income in 2019.
- What is the lowest effective tax rates for expenditure based tax incentives - corporate recorded in Latvia?
- The lowest recorded value was 18 Percentage of taxable income in 2019.
- How does Latvia rank for effective tax rates for expenditure based tax incentives - corporate?
- Latvia ranks 17th out of 50 countries with data for 2025.
- Is effective tax rates for expenditure based tax incentives - corporate rising or falling in Latvia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates for expenditure based tax incentives - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table reports synthetic tax policy indicators that capture the effect of expenditure-based R&D tax incentives on firms’ investment costs: The EATR for R&D measures the impact of taxation on R&D investments that earn an economic profit. the user cost of capital for R&D measures the return that a firm needs to realise on an R&D investment before tax to offset all costs and taxes that arise from the investment, making zero economic profit. Further methodological information is available in the explanatory annex.