Taxes on international trade (% of revenue) in Latvia
Latvia: Taxes on international trade (% of revenue) was 0.3% in 2004. ◆ Volatile
Taxes on international trade in Latvia, 1994–2004
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2004, taxes on international trade in Latvia stood at 0.3%. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 69.8% on the previous year and down 92.6% over ten years.
Over the whole period, taxes on international trade in Latvia peaked at 4.5% in 1994 and was at its lowest, 0.3%, in 2004.
That places Latvia 131st out of 154 countries with data for 2004, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade (% of revenue) in Latvia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1994 | 4.5% | — |
| 1995 | 2.3% | -49.3% |
| 1996 | 2.1% | -5.5% |
| 1997 | 1.9% | -10.5% |
| 1998 | 1.5% | -20.6% |
| 1999 | 1.2% | -19.7% |
| 2000 | 1.1% | -10.9% |
| 2001 | 1.1% | +2.4% |
| 2002 | 1.0% | -12.5% |
| 2003 | 1.1% | +11.7% |
| 2004 | 0.3% | -69.8% |
Latvia compared with similar countries
- Latvia's 0.3% is below the median for high income countries, which is 0.4%, 74% of the median. (55 countries reporting)
- Latvia's 0.3% is below the median for Europe & Central Asia, which is 0.4%, 84% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 1.2% | 4.5% | 6 |
| 2000s | 0.9% | 0.3% | 1.1% | 5 |
Countries ranked near Latvia
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 0.3% 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 4.5% in 1994.
- What is the lowest taxes on international trade recorded in Latvia?
- The lowest recorded value was 0.3% in 2004.
- How does Latvia rank for taxes on international trade?
- Latvia ranks 131st out of 154 countries with data for 2004.
- Is taxes on international trade rising or falling in Latvia?
- Over the last ten years it is down 92.6%. The long-run trend across the full record is volatile.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.