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€5,000 gross salary in Latvia: net pay

How much is a €5,000 gross monthly salary after tax (net, take-home) in Latvia?

For example, a gross salary of €5,000 per month leaves about €3,474 net, after €1,001 income tax and €525 in social contributions, an effective deduction rate of 30.52%.

Net (take-home)
€3,474
/month · 30.5% effective deduction rate
Net (take-home)Income taxBreakdown
Social insurance-€525
Income tax-€1,001
Net (take-home)€3,474

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How salary is taxed in Latvia

Income tax in Latvia is progressive: marginal rates rise from 25.5% to 36% as income grows. Employees also pay social contributions of around 10.5% of gross salary. A tax-free allowance of about €6,600 per year is deducted before income tax. The standard VAT rate is 21%.

Income tax brackets in Latvia (2026)
Annual taxable incomeTax rate
Up to €105,30025.5%
Up to €200,00033%
€200,000 and above36%

Estimates based on 2026 rates. For guidance only, not tax advice.

Rates updated June 2026