The Personal Income Tax Rate in Latvia stands at 31 percent. Personal Income Tax Rate in Latvia averaged 26.14 percent from 1995 until 2024, reaching an all time high of 31.40 percent in 2018 and a record low of 23.00 percent in 2009. source: State Revenue Service, Latvia




Related Last Previous Unit Reference
Corporate Tax Rate 20.00 20.00 percent Dec 2024
Personal Income Tax Rate 31.00 31.00 percent Dec 2024
Sales Tax Rate 21.00 21.00 percent Dec 2024
Social Security Rate 34.09 34.09 percent Dec 2024
Social Security Rate For Companies 23.59 23.59 percent Dec 2024
Social Security Rate For Employees 10.50 10.50 percent Dec 2024
Withholding Tax Rate 0.00 0.00 percent Dec 2024

Latvia Personal Income Tax Rate
In Latvia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Latvia.
Actual Previous Highest Lowest Dates Unit Frequency
31.00 31.00 31.40 23.00 1995 - 2024 percent Yearly