Finland vs Latvia: tax rates and take-home pay (2026)

On €88,000 (about €88,000) you take home €54,863 in Finland and €60,359 in Latvia (about €60,359) — Latvia leaves you 10% more.

You keep more in Finland up to about €53,000, and more in Latvia above that.

Take-home pay at eight salary levels

Take-home pay in Finland and Latvia at eight salary levels
SalaryFinlandLatviaDifference
$25,011€22,000$22,184€19,513$18,590€16,352Finland +19%
$39,791€35,000$31,714€27,896$28,445€25,020Finland +11%
$60,255€53,000$42,672€37,534$42,090€37,022Finland +1%
$79,582€70,000$52,356€46,052$54,976€48,357Latvia +5%
$100,045€88,000$62,373€54,863$68,621€60,359Latvia +10%
$147,794€130,000$85,745€75,421$100,459€88,364Latvia +17%
$204,638€180,000$113,569€99,895$138,361€121,702Latvia +22%
$295,589€260,000$158,087€139,053$196,958€173,244Latvia +25%

Cost of living

Compare the cost of living in Helsinki and Riga

More comparisons

More for Finland

More for Latvia

Frequently asked questions

Is tax higher in Finland or Latvia?

At €88,000, Latvia takes less of your pay: you keep 69% there, against 62% in Finland.

What is the top tax rate in Finland and Latvia?

The top income tax rate is 45.1% in Finland and 40.6% in Latvia.

How much do I take home on €88,000 in each?

On €88,000 (about €88,000) you take home €54,863 in Finland and €60,359 in Latvia (about €60,359).

2026 rules checked against veronmaksajat.fi. Single person, employee, no other income. Not tax advice. Change the details

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