Tariff rate, most favored nation, simple mean, manufactured products in Latvia
Latvia: Tariff rate, most favored nation, simple mean, manufactured products was 4.0% in 2022. ▲ Rising
Tariff rate, most favored nation, simple mean, manufactured products in Latvia, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, simple mean, manufactured products in Latvia is 4.0%, measured in 2022.
Compared with earlier readings it is down 1.7% on the previous year and down 4.0% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Latvia peaked at 4.3% in 2004 and was at its lowest, 2.2%, in 2001.
That places Latvia 137th out of 186 countries with data for 2022, putting it 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, manufactured products in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 2.8% | — |
| 1997 | 3.8% | +33.9% |
| 2001 | 2.2% | -40.5% |
| 2004 | 4.3% | +91.0% |
| 2005 | 4.3% | +0.0% |
| 2006 | 4.2% | -0.2% |
| 2007 | 4.0% | -5.2% |
| 2008 | 4.0% | +0.0% |
| 2009 | 4.0% | -0.2% |
| 2010 | 4.2% | +5.0% |
| 2011 | 4.2% | -0.2% |
| 2012 | 4.2% | -0.2% |
| 2013 | 4.2% | -0.2% |
| 2014 | 4.2% | -0.2% |
| 2015 | 4.2% | +0.2% |
| 2016 | 4.1% | -1.4% |
| 2017 | 4.1% | +0.2% |
| 2018 | 4.1% | -0.5% |
| 2019 | 4.1% | -0.5% |
| 2020 | 4.0% | -3.4% |
| 2021 | 4.1% | +3.5% |
| 2022 | 4.0% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 2.8% | 3.8% | 2 |
| 2000s | 3.9% | 2.2% | 4.3% | 7 |
| 2010s | 4.2% | 4.1% | 4.2% | 10 |
| 2020s | 4.0% | 4.0% | 4.1% | 3 |
Countries ranked near Latvia
- 134 Palau 4.2% compare
- 135 Sri Lanka 4.1% compare
- 136 Ukraine 4.1% compare
- 137 Austria 4.0% compare
- 137 Belgium 4.0% compare
- 137 Bulgaria 4.0% compare
- 137 Croatia 4.0% compare
- 137 Cyprus 4.0% compare
- 137 Czechia 4.0% compare
- 137 Denmark 4.0% compare
- 137 Estonia 4.0% compare
- 137 Finland 4.0% compare
- 137 France 4.0% compare
- 137 Germany 4.0% compare
- 137 Greece 4.0% compare
- 137 Hungary 4.0% compare
- 137 Ireland 4.0% compare
- 137 Italy 4.0% compare
- 137 Lithuania 4.0% compare
- 137 Malta 4.0% compare
- 137 Netherlands 4.0% compare
- 137 Poland 4.0% compare
- 137 Portugal 4.0% compare
- 137 Romania 4.0% compare
- 137 Slovakia 4.0% compare
- 137 Slovenia 4.0% compare
- 137 Spain 4.0% compare
- 137 Sweden 4.0% compare
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 17.9% (2025)
- Manufactures imports 60.8% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 54.2% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.455 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.16 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Latvia?
- Tariff rate, most favored nation, simple mean, manufactured products in Latvia was 4.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Latvia?
- The highest recorded value was 4.3% in 2004.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Latvia?
- The lowest recorded value was 2.2% in 2001.
- How does Latvia rank for tariff rate, most favored nation, simple mean, manufactured products?
- Latvia ranks 137th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Latvia?
- Over the last ten years it is down 4.0%. 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, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.