Iceland vs Latvia: Tax rate on low wage earners - unemployment trap
Iceland
85 Rate
in 2023
Latvia
83.13 Rate
in 2025
Iceland rank
8th
Latvia rank
11th
Tax rate on low wage earners - unemployment trap over time
- Iceland
- Latvia
How they compare
Iceland currently reports 85 Rate against 83.13 Rate in Latvia, a difference of 1.87 Rate.
The two have swapped places 1 time across 19 shared years of data; in 2005 it was Latvia ahead.
Iceland ranks 8th and Latvia ranks 11th of 44 countries.
Across the 3 decades both report, Iceland averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 80.48 Rate | 86.7 Rate | 6.22 Rate | Latvia |
| 2010s | 85.04 Rate | 87.88 Rate | 2.84 Rate | Latvia |
| 2020s | 85.08 Rate | 83.28 Rate | 1.8 Rate | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax rate on low wage earners - unemployment trap, Iceland or Latvia?
- Iceland, at 85 Rate against 83.13 Rate in Latvia as of 2023.
- What is the difference in tax rate on low wage earners - unemployment trap between Iceland and Latvia?
- 1.87 Rate, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 19 years are reported by both, from 2005 to 2023.
- How do Iceland and Latvia rank globally for tax rate on low wage earners - unemployment trap?
- Iceland ranks 8th and Latvia ranks 11th of 44 countries.
- Where does this data come from?
- Eurostat, published as Tax rate on low wage earners - unemployment trap. Statizoid refreshes it automatically from the source and publishes the full history for both places.