Iceland vs Latvia: Customs and other import duties
Iceland
0.6%
in 2023
Latvia
0.6%
in 2004
Iceland rank
129th
Latvia rank
126th
Customs and other import duties over time
- Iceland
- Latvia
How they compare
Latvia currently reports 0.6% against 0.6% in Iceland, a difference of 0.0%.
The two have swapped places 1 time across 11 shared years of data; in 1994 it was Latvia ahead.
Iceland ranks 129th and Latvia ranks 126th of 151 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.6% | 4.1% | 2.5% | Latvia |
| 2000s | 1.4% | 1.7% | 0.3% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Iceland or Latvia?
- Latvia, at 0.6% against 0.6% in Iceland as of 2004.
- What is the difference in customs and other import duties between Iceland and Latvia?
- 0.0%, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 11 years are reported by both, from 1994 to 2004.
- How do Iceland and Latvia rank globally for customs and other import duties?
- Iceland ranks 129th and Latvia ranks 126th of 151 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Customs and other import duties (% of tax revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.