Tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic
Lao People's Democratic Republic: Tariff rate, applied, weighted mean, manufactured products was 1.0% in 2022. ◆ Volatile
Tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic is 1.0%, measured in 2022.
The figure is down 16.3% on the previous year and down 67.0% over ten years.
Over the whole period, tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic peaked at 12.6% in 2008 and was at its lowest, 0.6%, in 2019.
Lao People's Democratic Republic ranks 163rd of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 12.3% | — |
| 2001 | 11.4% | -7.9% |
| 2004 | 9.7% | -14.9% |
| 2005 | 8.6% | -10.8% |
| 2006 | 8.9% | +3.4% |
| 2007 | 8.5% | -4.7% |
| 2008 | 12.6% | +48.6% |
| 2014 | 3.1% | -75.3% |
| 2015 | 1.7% | -46.8% |
| 2016 | 1.0% | -41.0% |
| 2017 | 1.0% | -2.0% |
| 2018 | 0.8% | -20.8% |
| 2019 | 0.6% | -15.8% |
| 2020 | 0.9% | +42.2% |
| 2021 | 1.2% | +35.2% |
| 2022 | 1.0% | -16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.3% | 8.5% | 12.6% | 7 |
| 2010s | 1.4% | 0.6% | 3.1% | 6 |
| 2020s | 1.1% | 0.9% | 1.2% | 3 |
Countries ranked near Lao People's Democratic Republic
- 160 Montenegro 1.2% compare
- 161 Republic of Moldova 1.1% compare
- 162 Australia 1.0% compare
- 164 Philippines 0.9% compare
- 165 Japan 0.8% compare
- 166 Costa Rica 0.8% compare
- 166 Peru 0.8% compare
More private sector data for Lao People's Democratic Republic
- Merchandise trade 124.1% (2025)
- Food imports 12.7% (2023)
- Manufactures imports 61.7% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Food exports 23.2% (2023)
- Manufactures exports 32.8% (2023)
- Merchandise exports 12.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,572 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6762 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic?
- Tariff rate, applied, weighted mean, manufactured products in Lao People's Democratic Republic was 1.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Lao People's Democratic Republic?
- The highest recorded value was 12.6% in 2008.
- What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.6% in 2019.
- How does Lao People's Democratic Republic rank for tariff rate, applied, weighted mean, manufactured products?
- Lao People's Democratic Republic ranks 163rd out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, manufactured products rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 67.0%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.