Freedom Score

Latvia to Bosnia & Herzegovina: tax & freedom compared

How does Bosnia & Herzegovina score against Latvia? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€1,071
Per year vs. Latvia-€2,433

Flat tax 10% · Euro-pegged currency · Very low cost of living

Tax

33/100

Residency

69/100

Cost of living

100/100

Living environment

65/100

Mobility

95/100

Ownership

70/100

Compared by dimension

On an average Latvia income of €20,400 gross per year, you keep €12,852 net in Bosnia & Herzegovina: a difference of €2,433 per year compared with Latvia.

  • Tax: on this income Bosnia & Herzegovina lands at an effective rate of about 37%, against 25% in Latvia.
  • Passport and mobility: from Bosnia & Herzegovina you travel visa-free to 121 countries.
  • Residency: on our accessibility scale Bosnia & Herzegovina scores 69 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Bosnia & Herzegovina a living-environment score of 65 out of 100.

Frequently asked questions

What is the financial difference between Latvia and Bosnia & Herzegovina?
On an average Latvia income it differs by roughly €2,433 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat