Tariff rate, most favored nation, simple mean, all products (%) in Latvia
Latvia: Tariff rate, most favored nation, simple mean, all products (%) was 5.2% in 2022. ▲ Rising
Tariff rate, most favored nation, simple mean, all products in Latvia, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, simple mean, all products in Latvia is 5.2%, measured in 2022.
That represents a change of down 6.9% on the previous year and down 9.0% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Latvia peaked at 6.2% in 2019 and was at its lowest, 3.5%, in 2001.
Latvia ranks 130th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Tariff rate, most favored nation, simple mean, all products (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 3.6% | — |
| 1997 | 4.9% | +38.4% |
| 2001 | 3.5% | -29.6% |
| 2004 | 5.8% | +67.5% |
| 2005 | 6.0% | +2.4% |
| 2006 | 5.9% | -0.5% |
| 2007 | 5.6% | -6.2% |
| 2008 | 5.5% | -1.8% |
| 2009 | 5.4% | -0.5% |
| 2010 | 5.6% | +2.9% |
| 2011 | 5.6% | +0.2% |
| 2012 | 5.8% | +2.7% |
| 2013 | 5.7% | -0.9% |
| 2014 | 5.7% | +0.0% |
| 2015 | 5.7% | +0.2% |
| 2016 | 5.7% | -0.5% |
| 2017 | 5.6% | -1.2% |
| 2018 | 5.6% | -0.4% |
| 2019 | 6.2% | +10.0% |
| 2020 | 4.3% | -29.9% |
| 2021 | 5.6% | +30.3% |
| 2022 | 5.2% | -6.9% |
Latvia compared with similar countries
- Latvia's 5.2% is above the median for high income countries, which is 5.2%, 1.0× the median. (66 countries reporting)
- Latvia's 5.2% is above the median for Europe & Central Asia, which is 5.2%, 1.0× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, simple mean, all products (%) in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +67.5% | 3.5% | 5.8% |
| 1997 | +38.4% | 3.6% | 4.9% |
| 2021 | +30.3% | 4.3% | 5.6% |
| 2020 | -29.9% | 6.2% | 4.3% |
| 2001 | -29.6% | 4.9% | 3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.3% | 3.6% | 4.9% | 2 |
| 2000s | 5.4% | 3.5% | 6.0% | 7 |
| 2010s | 5.7% | 5.6% | 6.2% | 10 |
| 2020s | 5.1% | 4.3% | 5.6% | 3 |
Countries ranked near Latvia
- 128 Malaysia 5.5% compare
- 129 Costa Rica 5.5% compare
- 130 Austria 5.2% compare
- 130 Belgium 5.2% compare
- 130 Bulgaria 5.2% compare
- 130 Croatia 5.2% compare
- 130 Cyprus 5.2% compare
- 130 Czechia 5.2% compare
- 130 Denmark 5.2% compare
- 130 Estonia 5.2% compare
- 130 Finland 5.2% compare
- 130 France 5.2% compare
- 130 Germany 5.2% compare
- 130 Greece 5.2% compare
- 130 Hungary 5.2% compare
- 130 Ireland 5.2% compare
- 130 Italy 5.2% compare
- 130 Lithuania 5.2% compare
- 130 Malta 5.2% compare
- 130 Netherlands 5.2% compare
- 130 Poland 5.2% compare
- 130 Portugal 5.2% compare
- 130 Romania 5.2% compare
- 130 Slovakia 5.2% compare
- 130 Slovenia 5.2% compare
- 130 Spain 5.2% compare
- 130 Sweden 5.2% compare
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 18.1% (2025)
- Manufactures imports 63.4% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Commercial service imports 7.26 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 55.5% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Commercial service exports 9.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, all products in Latvia?
- Tariff rate, most favored nation, simple mean, all products in Latvia was 5.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Latvia?
- The highest recorded value was 6.2% in 2019.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Latvia?
- The lowest recorded value was 3.5% in 2001.
- How does Latvia rank for tariff rate, most favored nation, simple mean, all products?
- Latvia ranks 130th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Latvia?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is rising.
- Where does this Latvia 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.