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

Latvia: Tariff rate, applied, simple mean, primary products was 4.1% in 2022. ▼ Falling

Latest (2022)
4.1%
Change on year
down 15.6%
World rank
131st
of 184 countries
All-time high
8.9%
in 1997
All-time low
2.2%
in 2020
Years of data
22
1996–2022

Tariff rate, applied, simple mean, primary products in Latvia, 1996–2022

24681996200920221996: 6.3 %1997: 8.9 %2001: 8 %2004: 6.8 %2005: 7.4 %2006: 7.2 %2007: 6.5 %2008: 5.9 %2009: 6.2 %2010: 6.3 %2011: 5.8 %2012: 5.6 %2013: 5.4 %2014: 5.7 %2015: 5.7 %2016: 5.3 %2017: 5.2 %2018: 5.2 %2019: 5.9 %2020: 2.2 %2021: 4.8 %2022: 4.1 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, simple mean, primary products in Latvia stood at 4.1%.

That represents a change of down 15.6% on the previous year and down 27.5% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Latvia peaked at 8.9% in 1997 and was at its lowest, 2.2%, in 2020.

Latvia ranks 131st of 184 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.6% 6.3% 8.9% 2
2000s 6.9% 5.9% 8.0% 7
2010s 5.6% 5.2% 6.3% 10
2020s 3.7% 2.2% 4.8% 3

Countries ranked near Latvia

  1. 128 Moldova 4.2% compare
  2. 129 Serbia 4.1% compare
  3. 130 Costa Rica 4.1% compare
  4. 131 Austria 4.1% compare
  5. 131 Belgium 4.1% compare
  6. 131 Bulgaria 4.1% compare
  7. 131 Croatia 4.1% compare
  8. 131 Cyprus 4.1% compare
  9. 131 Czechia 4.1% compare
  10. 131 Denmark 4.1% compare
  11. 131 Estonia 4.1% compare
  12. 131 Finland 4.1% compare
  13. 131 France 4.1% compare
  14. 131 Germany 4.1% compare
  15. 131 Greece 4.1% compare
  16. 131 Hungary 4.1% compare
  17. 131 Ireland 4.1% compare
  18. 131 Italy 4.1% compare
  19. 131 Lithuania 4.1% compare
  20. 131 Malta 4.1% compare
  21. 131 Netherlands 4.1% compare
  22. 131 Poland 4.1% compare
  23. 131 Portugal 4.1% compare
  24. 131 Romania 4.1% compare
  25. 131 Slovakia 4.1% compare
  26. 131 Slovenia 4.1% compare
  27. 131 Spain 4.1% compare
  28. 131 Sweden 4.1% compare

See the full ranking of 185 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is tariff rate, applied, simple mean, primary products in Latvia?
Tariff rate, applied, simple mean, primary products in Latvia was 4.1% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Latvia?
The highest recorded value was 8.9% in 1997.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Latvia?
The lowest recorded value was 2.2% in 2020.
How does Latvia rank for tariff rate, applied, simple mean, primary products?
Latvia ranks 131st out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, primary products rising or falling in Latvia?
Over the last ten years it is down 27.5%. 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, 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).