Taxes on international trade (current LCU) in Latvia
Latvia: Taxes on international trade (current LCU) was 9.77 million current LCU in 2004. ▼ Falling
Taxes on international trade in Latvia, 1994–2004
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Latvia is 9.77 million current LCU, measured in 2004. That is the lowest value across all 11 years on record.
The figure is down 63.5% on the previous year and down 58.3% over ten years.
Over the whole period, taxes on international trade in Latvia peaked at 31.30 million current LCU in 1997 and was at its lowest, 9.77 million current LCU, in 2004.
That places Latvia 139th out of 155 countries with data for 2004, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Taxes on international trade (current LCU) in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 23.41 million current LCU | — |
| 1995 | 26.03 million current LCU | +11.2% |
| 1996 | 26.54 million current LCU | +2.0% |
| 1997 | 31.30 million current LCU | +17.9% |
| 1998 | 28.11 million current LCU | -10.2% |
| 1999 | 22.87 million current LCU | -18.6% |
| 2000 | 20.51 million current LCU | -10.3% |
| 2001 | 21.83 million current LCU | +6.4% |
| 2002 | 21.47 million current LCU | -1.6% |
| 2003 | 26.72 million current LCU | +24.5% |
| 2004 | 9.77 million current LCU | -63.5% |
Latvia compared with similar countries
- Latvia's 9.77 million current LCU is below the median for high income countries, which is 85.11 million current LCU, 11% of the median. (55 countries reporting)
- Latvia's 9.77 million current LCU is below the median for Europe & Central Asia, which is 138.90 million current LCU, 7% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.38 million current LCU | 22.87 million current LCU | 31.30 million current LCU | 6 |
| 2000s | 20.06 million current LCU | 9.77 million current LCU | 26.72 million current LCU | 5 |
Countries ranked near Latvia
- 136 Spain 12.02 million current LCU
- 137 Bulgaria 11.72 million current LCU compare
- 138 United Arab Emirates 10.26 million current LCU
- 140 Marshall Islands 9.27 million current LCU
- 141 Greece 8.00 million current LCU compare
- 142 Micronesia (country) 6.20 million current LCU
More public sector data for Latvia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 19.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 5.36 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -76.19 % change on previous year (2024)
Frequently asked questions
- What is taxes on international trade in Latvia?
- Taxes on international trade in Latvia was 9.77 million current LCU in 2004, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Latvia?
- The highest recorded value was 31.30 million current LCU in 1997.
- What is the lowest taxes on international trade recorded in Latvia?
- The lowest recorded value was 9.77 million current LCU in 2004.
- How does Latvia rank for taxes on international trade?
- Latvia ranks 139th out of 155 countries with data for 2004.
- Is taxes on international trade rising or falling in Latvia?
- Over the last ten years it is down 58.3%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.