Average tariff applied by developed countries … most-favored in Latvia
Latvia: Average tariff applied by developed countries … most-favored was 12.2% in 2024. ▼ Falling
Average tariff applied by developed countries, most-favored nation in Latvia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, average tariff applied by developed countries, most-favored nation in Latvia stood at 12.2%.
That represents a change of up 0.7% on the previous year and down 5.7% over ten years.
Over the whole period, average tariff applied by developed countries, most-favored nation in Latvia peaked at 13.7% in 2017 and was at its lowest, 12.1%, in 2023.
That places Latvia 37th out of 236 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Average tariff applied by developed countries … most-favored in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 13.6% | — |
| 2005 | 12.2% | -10.4% |
| 2010 | 13.5% | +10.9% |
| 2011 | 13.5% | -0.0% |
| 2012 | 12.9% | -4.8% |
| 2013 | 13.0% | +0.5% |
| 2014 | 13.0% | +0.0% |
| 2015 | 13.0% | -0.0% |
| 2016 | 13.0% | +0.6% |
| 2017 | 13.7% | +5.0% |
| 2018 | 13.0% | -4.9% |
| 2019 | 12.9% | -0.6% |
| 2020 | 12.9% | -0.1% |
| 2021 | 12.9% | -0.1% |
| 2022 | 12.9% | -0.0% |
| 2023 | 12.1% | -5.9% |
| 2024 | 12.2% | +0.7% |
Latvia compared with similar countries
- Latvia's 12.2% is above the median for high income countries, which is 9.1%, 1.3× the median. (75 countries reporting)
- Latvia's 12.2% is above the median for Europe & Central Asia, which is 9.0%, 1.4× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.9% | 12.2% | 13.6% | 2 |
| 2010s | 13.1% | 12.9% | 13.7% | 10 |
| 2020s | 12.6% | 12.1% | 12.9% | 5 |
Countries ranked near Latvia
- 34 Bhutan 13.0% compare
- 35 Tunisia 12.6% compare
- 36 Belize 12.5% compare
- 38 Republic of Korea 12.2% compare
- 38 South Korea 12.2% compare
- 40 North Macedonia 12.0% compare
More development goals data for Latvia
- Red List Index 0.9865 (2025)
- Number of refugees per 100,000 population, by country of origin 10.3 (2025)
- Manufacturing value added per capita 2,043 (2025)
- Number of transboundary breeds 24 (2025)
- Number of transboundary breeds (not extinct) 24 (2025)
- Number of transboundary breeds with unknown risk status 0 (2025)
- Number of local breeds with unknown risk status 0 (2025)
- Number of local breeds (not extinct) 18 (2025)
- Number of local breeds kept in the country 19 (2025)
- Infant deaths 30 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, most-favored nation in Latvia?
- Average tariff applied by developed countries, most-favored nation in Latvia was 12.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average tariff applied by developed countries, most-favored nation recorded in Latvia?
- The highest recorded value was 13.7% in 2017.
- What is the lowest average tariff applied by developed countries, most-favored nation recorded in Latvia?
- The lowest recorded value was 12.1% in 2023.
- How does Latvia rank for average tariff applied by developed countries, most-favored nation?
- Latvia ranks 37th out of 236 countries with data for 2024.
- Is average tariff applied by developed countries, most-favored nation rising or falling in Latvia?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average tariff applied by developed countries, most-favored nation status, by type of product (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).