Tariff rate, most favored nation, simple mean, all products in Lao People's Democratic Republic
Lao People's Democratic Republic: Tariff rate, most favored nation, simple mean, all products was 8.5% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, all products in Lao People's Democratic Republic, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, all products in Lao People's Democratic Republic stood at 8.5%. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 0.2% on the previous year and down 15.3% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Lao People's Democratic Republic peaked at 10.0% in 2014 and was at its lowest, 8.5%, in 2022.
Lao People's Democratic Republic ranks 88th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Tariff rate, most favored nation, simple mean, all products in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 9.5% | — |
| 2001 | 9.6% | +1.4% |
| 2004 | 9.7% | +0.2% |
| 2005 | 9.7% | +0.6% |
| 2006 | 9.7% | +0.0% |
| 2007 | 9.7% | +0.0% |
| 2008 | 9.7% | +0.0% |
| 2014 | 10.0% | +3.1% |
| 2015 | 10.0% | +0.0% |
| 2016 | 8.5% | -14.7% |
| 2017 | 8.5% | +0.0% |
| 2018 | 8.5% | +0.0% |
| 2019 | 8.5% | -0.6% |
| 2020 | 8.5% | +0.1% |
| 2021 | 8.5% | +0.0% |
| 2022 | 8.5% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.7% | 9.5% | 9.7% | 7 |
| 2010s | 9.0% | 8.5% | 10.0% | 6 |
| 2020s | 8.5% | 8.5% | 8.5% | 3 |
Countries ranked near Lao People's Democratic Republic
- 85 Saint Lucia 9.2% compare
- 86 French Polynesia 9.2% compare
- 87 Vanuatu 9.0% compare
- 89 Jamaica 8.4% compare
- 90 Switzerland 8.2% compare
- 91 Azerbaijan 8.1% 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, most favored nation, simple mean, all products in Lao People's Democratic Republic?
- Tariff rate, most favored nation, simple mean, all products in Lao People's Democratic Republic was 8.5% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Lao People's Democratic Republic?
- The highest recorded value was 10.0% in 2014.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Lao People's Democratic Republic?
- The lowest recorded value was 8.5% in 2022.
- How does Lao People's Democratic Republic rank for tariff rate, most favored nation, simple mean, all products?
- Lao People's Democratic Republic ranks 88th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, all products (%). Statizoid updates them automatically from the source API.
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About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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.