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Latvia · Corporate tax rate

Latvia Corporate tax rate

Source: OECD (via DBnomics). · updated 2025-12-31

Latest · 202520%
Previous · 202420%
Highest · 200025%
Lowest · 200415%

Latvia's corporate tax rate stands at 20% as of 2025-12-31, up from 20% in 2024. Historical data runs from 2000 to 2025 (26 observations).

Recent trend

In 2025, Latvia's corporate tax rate was 20%, unchanged from 20% in 2024.

In 2024, Latvia's corporate tax rate was 20%, unchanged from 20% in 2023.

In 2023, Latvia's corporate tax rate was 20%, unchanged from 20% in 2022.

In 2022, Latvia's corporate tax rate was 20%, unchanged from 20% in 2021.

In 2021, Latvia's corporate tax rate was 20%, unchanged from 20% in 2020.

Latvia Corporate tax rate — historical data

YearValueChange
202520%+0%
202420%+0%
202320%+0%
202220%+0%
202120%+0%
202020%+0%
201920%+0%
201820%+5%
201715%+0%
201615%+0%
201515%+0%
201415%+0%
201315%+0%
201215%+0%
201115%+0%
201015%+0%
200915%+0%
200815%+0%
200715%+0%
200615%+0%
200515%+0%
200415%-4%
200319%-3%
200222%-3%
200125%+0%
200025%

Source: OECD (via DBnomics). · Download this series as CSV — free, attribution required (CC BY 4.0).

More Latvia data

Frequently asked questions

What is Latvia's corporate tax rate?

Latvia's corporate tax rate is 20% as of 2025-12-31, compared with 20% in 2024. Source: OECD (via DBnomics).

What was the highest corporate tax rate in Latvia?

The highest recorded value is 25% (2000); the lowest is 15% (2004), across data from 2000 to 2025.

Where does this data come from?

Source: OECD (via DBnomics). Figures are republished with attribution and updated as the source releases new observations.