Worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic

Lao People's Democratic Republic: Worldwide weighted tariff-average, preferential status, by type of was 0.3% in 2024. ◆ Volatile

Latest (2024)
0.3%
Change on year
unchanged
World rank
153rd
of 161 countries
All-time high
16.5%
in 2005
All-time low
0.3%
in 2023
Years of data
11
2005–2024

Worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic, 2005–2024

0510152005201420242005: 16.5 %2010: 9 %2015: 3.4 %2017: 2.8 %2018: 1.4 %2019: 1.4 %2020: 1.4 %2021: 0.547 %2022: 0.547 %2023: 0.267 %2024: 0.267 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic stood at 0.3%. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 92.1% over ten years.

Over the whole period, worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic peaked at 16.5% in 2005 and was at its lowest, 0.3%, in 2023.

Lao People's Democratic Republic ranks 153rd of 161 countries on this measure, in the bottom quarter.

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

Worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic, year by year

Annual values for Worldwide weighted tariff-average, preferential status, by type of product (%) in Lao People's Democratic Republic, 2005 to 2024.
Year % Change
2005 16.5%
2010 9.0% -45.8%
2015 3.4% -62.5%
2017 2.8% -17.3%
2018 1.4% -48.0%
2019 1.4% -2.2%
2020 1.4% -3.1%
2021 0.5% -60.0%
2022 0.5% +0.0%
2023 0.3% -51.3%
2024 0.3% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.5% 16.5% 16.5% 1
2010s 3.6% 1.4% 9.0% 5
2020s 0.6% 0.3% 1.4% 5

Countries ranked near Lao People's Democratic Republic

  1. 150 Chile 0.5% compare
  2. 151 New Zealand 0.4% compare
  3. 152 Eswatini 0.3% compare
  4. 153 Lao People's Democratic Republic 0.3% compare
  5. 155 Peru 0.2% compare
  6. 156 Lesotho 0.1% compare

See the full ranking of 198 places →

More development goals data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic?
Worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic was 0.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest worldwide weighted tariff-average, preferential status, by type of recorded in Lao People's Democratic Republic?
The highest recorded value was 16.5% in 2005.
What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in Lao People's Democratic Republic?
The lowest recorded value was 0.3% in 2023.
How does Lao People's Democratic Republic rank for worldwide weighted tariff-average, preferential status, by type of?
Lao People's Democratic Republic ranks 153rd out of 161 countries with data for 2024.
Is worldwide weighted tariff-average, preferential status, by type of rising or falling in Lao People's Democratic Republic?
Over the last ten years it is down 92.1%. The long-run trend across the full record is volatile.
Where does this Lao People's Democratic Republic data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Worldwide weighted tariff-average, preferential status, by type of product (%). Statizoid updates them automatically from the source API.

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Worldwide weighted tariff-average, preferential status, by type of in Lao People's Democratic Republic. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 06 September 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-preferential-status-by-type-of-product-percent/lao-pdr/

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About this data

Indicator
Worldwide weighted tariff-average, preferential status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
198 places, 2,227 data points, 2005–2024
Last refreshed