24Peaks / Europe / Latvia / MFN Simple Average Tariff (%)

Latvia - MFN Simple Average Tariff (%) 5.27

World Bank WITS · updated 2026-10-03 · 180 economies tracked

Latest value

5.27 (2023)

Global rank

##21 of 180 economies

vs global median

0.8×

Growth since 1996

1.48×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#5#212022 overtook Italy2023 overtook Bahrain
LatviaMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Latvia climbed from #5 to #21 (overtook Italy). Gaps in a lane = missing data that year.

Key events for Latvia ↓

Key Events — Latvia

Auto-detected from rank data + curated milestones

2022
Overtook Italy in global rank auto
2023
Overtook Bahrain in global rank auto

MFN Simple Average Tariff (%), 1996-2023

World Bank WITS · % · linear scale · ranking in the race above
19962006201620233.194.125.055.97
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