Tariff rate, most favored nation, weighted mean, all products (%) in Latvia
Latvia: Tariff rate, most favored nation, weighted mean, all products (%) was 2.7% in 2022. ▬ Flat
Tariff rate, most favored nation, weighted mean, all products in Latvia, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, all products in Latvia is 2.7%, measured in 2022.
The figure is down 6.0% on the previous year and down 5.6% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Latvia peaked at 3.6% in 2004 and was at its lowest, 2.2%, in 1996.
Latvia ranks 148th of 184 countries on this measure, in the bottom quarter.
Tariff rate, most favored nation, weighted mean, all products (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 2.2% | — |
| 1997 | 3.2% | +47.2% |
| 2001 | 2.6% | -20.2% |
| 2004 | 3.6% | +42.2% |
| 2005 | 3.5% | -2.7% |
| 2006 | 3.3% | -5.9% |
| 2007 | 3.2% | -3.0% |
| 2008 | 3.0% | -7.4% |
| 2009 | 3.2% | +8.0% |
| 2010 | 3.1% | -4.6% |
| 2011 | 3.0% | -2.6% |
| 2012 | 2.8% | -5.3% |
| 2013 | 3.0% | +3.9% |
| 2014 | 3.1% | +4.1% |
| 2015 | 3.1% | +0.7% |
| 2016 | 3.3% | +6.5% |
| 2017 | 3.3% | -0.6% |
| 2018 | 3.1% | -4.9% |
| 2019 | 3.1% | -1.0% |
| 2020 | 2.8% | -9.1% |
| 2021 | 2.9% | +1.8% |
| 2022 | 2.7% | -6.0% |
Latvia compared with similar countries
- Latvia's 2.7% is above the median for high income countries, which is 2.7%, 1.0× the median. (64 countries reporting)
- Latvia's 2.7% is above the median for Europe & Central Asia, which is 2.7%, 1.0× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted 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 |
|---|---|---|---|
| 1997 | +47.2% | 2.2% | 3.2% |
| 2004 | +42.2% | 2.6% | 3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.7% | 2.2% | 3.2% | 2 |
| 2000s | 3.2% | 2.6% | 3.6% | 7 |
| 2010s | 3.1% | 2.8% | 3.3% | 10 |
| 2020s | 2.8% | 2.7% | 2.9% | 3 |
Countries ranked near Latvia
- 145 Australia 2.8% compare
- 146 Israel 2.8% compare
- 147 Switzerland 2.8% compare
- 148 Austria 2.7% compare
- 148 Belgium 2.7% compare
- 148 Bulgaria 2.7% compare
- 148 Croatia 2.7% compare
- 148 Cyprus 2.7% compare
- 148 Czechia 2.7% compare
- 148 Denmark 2.7% compare
- 148 Estonia 2.7% compare
- 148 Finland 2.7% compare
- 148 France 2.7% compare
- 148 Germany 2.7% compare
- 148 Greece 2.7% compare
- 148 Hungary 2.7% compare
- 148 Ireland 2.7% compare
- 148 Italy 2.7% compare
- 148 Lithuania 2.7% compare
- 148 Malta 2.7% compare
- 148 Netherlands 2.7% compare
- 148 Poland 2.7% compare
- 148 Portugal 2.7% compare
- 148 Romania 2.7% compare
- 148 Slovakia 2.7% compare
- 148 Slovenia 2.7% compare
- 148 Spain 2.7% compare
- 148 Sweden 2.7% 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, weighted mean, all products in Latvia?
- Tariff rate, most favored nation, weighted mean, all products in Latvia was 2.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Latvia?
- The highest recorded value was 3.6% in 2004.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Latvia?
- The lowest recorded value was 2.2% in 1996.
- How does Latvia rank for tariff rate, most favored nation, weighted mean, all products?
- Latvia ranks 148th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Latvia?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, all products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.