Effective tax rates: Corporate tax statistics … expenditure average in Latvia
Latvia: Effective tax rates: Corporate tax statistics … expenditure average 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: Corporate tax statistics … expenditure average 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
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units 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.
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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.