Share of products from least-developed countries that have no tariff in Latvia
Latvia: Share of products from least-developed countries that have no tariff was 71.7% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Latvia, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
Latvia recorded 71.7% for share of products from least-developed countries that have no tariff in 2024.
The figure is up 0.2% on the previous year and up 9.0% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Latvia peaked at 72.2% in 2020 and was at its lowest, 34.9%, in 2005.
Latvia ranks 68th of 230 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 34.9% | — |
| 2010 | 63.9% | +83.1% |
| 2015 | 65.8% | +2.9% |
| 2016 | 66.9% | +1.8% |
| 2017 | 70.7% | +5.6% |
| 2018 | 70.9% | +0.3% |
| 2019 | 68.1% | -3.9% |
| 2020 | 72.2% | +6.0% |
| 2021 | 72.2% | -0.0% |
| 2022 | 71.9% | -0.4% |
| 2023 | 71.6% | -0.5% |
| 2024 | 71.7% | +0.2% |
Latvia compared with similar countries
- Latvia's 71.7% is above the median for high income countries, which is 64.9%, 1.1× the median. (80 countries reporting)
- Latvia's 71.7% is above the median for Europe & Central Asia, which is 67.7%, 1.1× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.9% | 34.9% | 34.9% | 1 |
| 2010s | 67.7% | 63.9% | 70.9% | 6 |
| 2020s | 71.9% | 71.6% | 72.2% | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is share of products from least-developed countries that have no tariff in Latvia?
- Share of products from least-developed countries that have no tariff in Latvia was 71.7% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Latvia?
- The highest recorded value was 72.2% in 2020.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Latvia?
- The lowest recorded value was 34.9% in 2005.
- How does Latvia rank for share of products from least-developed countries that have no tariff?
- Latvia ranks 68th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Latvia?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).