Latvia - Tariff rate, most favored nation, simple mean, primary products (%)

Tariff rate, most favored nation, simple mean, primary products (%) in Latvia was 5.58 as of 2020. Its highest value over the past 32 years was 17.54 in 1995, while its lowest value was 5.58 in 2020.

Definition: Simple mean most favored nation tariff rate is the unweighted average of most favored nation 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1988 6.90
1989 7.00
1990 7.36
1991 7.27
1992 7.33
1993 7.13
1994 7.27
1995 17.54
1996 16.30
1997 15.76
1998 14.19
1999 14.06
2000 12.00
2001 13.08
2002 10.97
2003 11.18
2004 11.34
2005 11.98
2006 11.87
2007 10.85
2008 10.40
2009 10.30
2010 10.37
2011 10.39
2012 10.42
2013 10.24
2014 10.26
2015 10.28
2016 10.31
2017 10.03
2018 9.99
2019 12.26
2020 5.58

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs