Latvia 
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- 1.9m people live here
- Area: 64269km²
Good Things in Latvia
General
All Categories
Balance of Payments
Gender Statistics
Pollution
⚕️ Healthy Population
⚖️ Fair Wages & Low Poverty
⚡️ Energy
⛴️ Strong Imports & Exports
🌽 Enough Food for Everyone
🏥 Good Hospitals & Clinics
🏫 Good Schools
👩🍼 Safe Mothers & Babies
💲 Money and Banking
💲 Strong Economy
💵 Price Indexes
📚 Education Outcomes
🕋 Built Environment
🥷 Crime and Justice
🧑⚖️ Well-Managed Public Finances
🧑🌾 Good Farming & Land Use
🧑💼 Good Jobs For People
🧒 Healthy People
🧪 Wise resource usage
Tax information in Latvia
Standard Corporate Tax Rate
0.00 - 20.00%
20% on distribution of profit
Individual Income Tax Rate
20.00 - 31.40%
Standard Inheritance Tax Rate
20.00 - 20.00%
Standard VAT Rate
21.00% (12, 5%)
Standard rate is 21%. Reduced rates apply to medical products (12%), domestic public transport (12%), and fresh fruits and vegetables, books, newspapers (5%).
Cost of living in Latvia
Cost of Living (Couple)
$1475.25
Approximate cost for a couple including groceries, rent, transportation and lifestyle costs
Cost of Living (Family)
$3463.34
Approximate cost for a family including groceries, rent, transportation, lifestyle costs and parenting fee for one child
Cost of Living (1 Person)
$1028.37
Approximate cost for a single person including groceries, rent, transportation and lifestyle costs
Useful links in Latvia
Popular cities in Latvia
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