Tariff rate, most favored nation, weighted mean, primary products (%) in Latvia
Latvia: Tariff rate, most favored nation, weighted mean, primary products (%) was 1.9% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, primary products in Latvia, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, primary products in Latvia is 1.9%, measured in 2022.
Compared with earlier readings it is down 34.2% on the previous year and down 13.0% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Latvia peaked at 5.3% in 2001 and was at its lowest, 1.5%, in 1996.
Latvia ranks 152nd of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, most favored nation, weighted mean, primary products (%) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 1.5% | — |
| 1997 | 4.0% | +165.8% |
| 2001 | 5.3% | +35.1% |
| 2004 | 3.9% | -26.9% |
| 2005 | 3.6% | -8.4% |
| 2006 | 3.1% | -14.5% |
| 2007 | 3.0% | -1.3% |
| 2008 | 2.5% | -17.5% |
| 2009 | 3.0% | +20.5% |
| 2010 | 2.6% | -13.3% |
| 2011 | 2.4% | -6.2% |
| 2012 | 2.1% | -11.9% |
| 2013 | 2.4% | +11.6% |
| 2014 | 2.6% | +7.5% |
| 2015 | 2.6% | +1.2% |
| 2016 | 3.2% | +23.0% |
| 2017 | 3.0% | -5.0% |
| 2018 | 2.6% | -14.1% |
| 2019 | 2.7% | +3.8% |
| 2020 | 2.2% | -19.9% |
| 2021 | 2.8% | +30.3% |
| 2022 | 1.9% | -34.2% |
Latvia compared with similar countries
- Latvia's 1.9% is below the median for high income countries, which is 2.2%, 86% of the median. (64 countries reporting)
- Latvia's 1.9% is above the median for Europe & Central Asia, which is 1.9%, 1.0× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, primary 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 | +165.8% | 1.5% | 4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.7% | 1.5% | 4.0% | 2 |
| 2000s | 3.5% | 2.5% | 5.3% | 7 |
| 2010s | 2.6% | 2.1% | 3.2% | 10 |
| 2020s | 2.3% | 1.9% | 2.8% | 3 |
Countries ranked near Latvia
- 149 Mauritius 2.6% compare
- 150 East Timor 2.5% compare
- 151 United States 2.5% compare
- 152 Austria 1.9% compare
- 152 Belgium 1.9% compare
- 152 Bulgaria 1.9% compare
- 152 Croatia 1.9% compare
- 152 Cyprus 1.9% compare
- 152 Czechia 1.9% compare
- 152 Denmark 1.9% compare
- 152 Estonia 1.9% compare
- 152 Finland 1.9% compare
- 152 France 1.9% compare
- 152 Germany 1.9% compare
- 152 Greece 1.9% compare
- 152 Hungary 1.9% compare
- 152 Ireland 1.9% compare
- 152 Italy 1.9% compare
- 152 Lithuania 1.9% compare
- 152 Malta 1.9% compare
- 152 Netherlands 1.9% compare
- 152 Poland 1.9% compare
- 152 Portugal 1.9% compare
- 152 Romania 1.9% compare
- 152 Slovakia 1.9% compare
- 152 Slovenia 1.9% compare
- 152 Spain 1.9% compare
- 152 Sweden 1.9% 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, primary products in Latvia?
- Tariff rate, most favored nation, weighted mean, primary products in Latvia was 1.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Latvia?
- The highest recorded value was 5.3% in 2001.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Latvia?
- The lowest recorded value was 1.5% in 1996.
- How does Latvia rank for tariff rate, most favored nation, weighted mean, primary products?
- Latvia ranks 152nd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Latvia?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).