Tariff rate, most favored nation, simple mean, primary products in Latvia
Latvia: Tariff rate, most favored nation, simple mean, primary products was 9.0% in 2022. ▲ Rising
Tariff rate, most favored nation, simple mean, primary products in Latvia, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Latvia recorded 9.0% for tariff rate, most favored nation, simple mean, primary products in 2022.
The figure is down 11.9% on the previous year and down 13.7% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, primary products in Latvia peaked at 12.3% in 2019 and was at its lowest, 5.6%, in 2020.
That places Latvia 96th 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, primary products in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 6.2% | — |
| 1997 | 9.0% | +44.7% |
| 2001 | 7.7% | -14.4% |
| 2004 | 11.3% | +47.8% |
| 2005 | 12.0% | +5.6% |
| 2006 | 11.9% | -0.9% |
| 2007 | 10.8% | -8.6% |
| 2008 | 10.4% | -4.1% |
| 2009 | 10.3% | -1.0% |
| 2010 | 10.4% | +0.7% |
| 2011 | 10.4% | +0.2% |
| 2012 | 10.4% | +0.3% |
| 2013 | 10.2% | -1.7% |
| 2014 | 10.3% | +0.2% |
| 2015 | 10.3% | +0.2% |
| 2016 | 10.3% | +0.3% |
| 2017 | 10.0% | -2.7% |
| 2018 | 10.0% | -0.4% |
| 2019 | 12.3% | +22.7% |
| 2020 | 5.6% | -54.5% |
| 2021 | 10.2% | +83.0% |
| 2022 | 9.0% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.6% | 6.2% | 9.0% | 2 |
| 2000s | 10.6% | 7.7% | 12.0% | 7 |
| 2010s | 10.5% | 10.0% | 12.3% | 10 |
| 2020s | 8.3% | 5.6% | 10.2% | 3 |
Countries ranked near Latvia
- 93 Serbia 10.0% compare
- 94 Uzbekistan 9.8% compare
- 95 China 9.3% compare
- 96 Austria 9.0% compare
- 96 Belgium 9.0% compare
- 96 Bulgaria 9.0% compare
- 96 Croatia 9.0% compare
- 96 Cyprus 9.0% compare
- 96 Czechia 9.0% compare
- 96 Denmark 9.0% compare
- 96 Estonia 9.0% compare
- 96 Finland 9.0% compare
- 96 France 9.0% compare
- 96 Germany 9.0% compare
- 96 Greece 9.0% compare
- 96 Hungary 9.0% compare
- 96 Ireland 9.0% compare
- 96 Italy 9.0% compare
- 96 Lithuania 9.0% compare
- 96 Malta 9.0% compare
- 96 Netherlands 9.0% compare
- 96 Poland 9.0% compare
- 96 Portugal 9.0% compare
- 96 Romania 9.0% compare
- 96 Slovakia 9.0% compare
- 96 Slovenia 9.0% compare
- 96 Spain 9.0% compare
- 96 Sweden 9.0% 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, primary products in Latvia?
- Tariff rate, most favored nation, simple mean, primary products in Latvia was 9.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, primary products recorded in Latvia?
- The highest recorded value was 12.3% in 2019.
- What is the lowest tariff rate, most favored nation, simple mean, primary products recorded in Latvia?
- The lowest recorded value was 5.6% in 2020.
- How does Latvia rank for tariff rate, most favored nation, simple mean, primary products?
- Latvia ranks 96th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, primary products rising or falling in Latvia?
- Over the last ten years it is down 13.7%. 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, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).