Effective Bank Tax Rate in Latvia

Effective bank tax rate reached 2.53% in 2020 in Latvia, according to the National Central Bank. This is 54.8% less than in the previous year.

Historically, effective bank tax rate in Latvia reached an all time high of 36.1% in 2008 and an all time low of -123% in 1994.

Latvia has been ranked 53rd within the group of 58 countries we follow in terms of effective bank tax rate.