๐ธ๐ช Sweden vs ๐ฑ๐ป Latvia
Tax comparison for a $50,000 salary (USD)
Sweden
Latvia
You would take home $6,279 more per year in Latvia compared to Sweden.
That's $523 more per month.
Detailed Comparison
| Metric | ๐ธ๐ช Sweden | ๐ฑ๐ป Latvia |
|---|---|---|
| Gross Salary | $47,970 | $50,400 |
| Income Tax | $14,424 | $8,513 |
| Employee SS | $3,229 | $5,292 |
| Net Income | $30,316 | $36,595 |
| Employer SS | $15,072 | $11,889 |
| Cost to Employer | $63,042 | $62,289 |
| Effective Rate | 36.8% | 27.4% |
| Total Tax Take | 51.9% | 41.3% |
| Monthly Net | $2,526 | $3,050 |
| Daily Net | $117 | $141 |
| Hourly Net | $15 | $18 |
| PPP-Adjusted | $40,278 | $70,143 |
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๐ธ๐ช Sweden
๐ฑ๐ป Latvia
Sweden vs Latvia Tax Comparison: Key Insights
On a USD 50,000 salary, Latvia offers the higher take-home pay at $36,595 per year (27.4% effective rate), compared to Sweden where you'd take home $30,316 (36.8% effective rate).
That's a difference of $6,279 per year ($523/month). However, take-home pay is only part of the picture โ cost of living, public services, healthcare quality, and quality of life all vary significantly. Use our Disposable Income Calculator for a PPP-adjusted comparison.
Comparison based on OECD data for 2026, calculated for a single employed individual with no dependants. Actual tax obligations may vary based on deductions, credits, and personal circumstances.
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