Tariff rate, applied, simple mean, primary products in Laos

Laos: Tariff rate, applied, simple mean, primary products was 2.5% in 2022. ◆ Volatile

Latest (2022)
2.5%
Change on year
down 3.8%
World rank
170th
of 184 countries
All-time high
16.2%
in 2001
All-time low
1.9%
in 2018
Years of data
16
2000–2022

Tariff rate, applied, simple mean, primary products in Laos, 2000–2022

0510152000201120222000: 16 %2001: 16.2 %2004: 14.7 %2005: 11.7 %2006: 10.7 %2007: 8.7 %2008: 16 %2014: 4.8 %2015: 3.8 %2016: 2.4 %2017: 2.4 %2018: 1.9 %2019: 2.5 %2020: 2.5 %2021: 2.6 %2022: 2.5 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, simple mean, primary products in Laos is 2.5%, measured in 2022.

The figure is down 3.8% on the previous year and down 47.8% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Laos peaked at 16.2% in 2001 and was at its lowest, 1.9%, in 2018.

Laos ranks 170th of 184 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.4% 8.7% 16.2% 7
2010s 3.0% 1.9% 4.8% 6
2020s 2.5% 2.5% 2.6% 3

Countries ranked near Laos

  1. 167 Ukraine 2.8% compare
  2. 168 Lesotho 2.7% compare
  3. 169 East Timor 2.5% compare
  4. 171 United States 2.5% compare
  5. 172 Honduras 2.4% compare
  6. 173 Albania 2.2% compare

See the full ranking of 185 places →

More private sector data for Laos

All data for Laos →

Frequently asked questions

What is tariff rate, applied, simple mean, primary products in Laos?
Tariff rate, applied, simple mean, primary products in Laos was 2.5% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Laos?
The highest recorded value was 16.2% in 2001.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Laos?
The lowest recorded value was 1.9% in 2018.
How does Laos rank for tariff rate, applied, simple mean, primary products?
Laos ranks 170th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, primary products rising or falling in Laos?
Over the last ten years it is down 47.8%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, primary products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tariff rate, applied, simple mean, primary products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

Simple mean applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).