Taxes on international trade and transactions, Ratio of this level of in Latvia
Latvia: Taxes on international trade and transactions, Ratio of this level of was 1 in 2020. ▬ Flat
Latest (2020)
1
Change on year
unchanged
World rank
1st
of 74 countries
All-time high
1
in 1995
All-time low
1
in 1995
Years of data
24
1995–2020
Taxes on international trade and transactions, Ratio of this level of in Latvia, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, taxes on international trade and transactions, ratio of this level of in Latvia stood at 1. That is the highest value across all 24 years on record.
That represents a change of unchanged over ten years.
Over the whole period, taxes on international trade and transactions, ratio of this level of in Latvia peaked at 1 in 1995 and was at its lowest, 1, in 1995.
That places Latvia 1st out of 74 countries with data for 2020, putting it in the top 10%.
Taxes on international trade and transactions, Ratio of this level of in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1 | — |
| 1996 | 1 | +0.0% |
| 1997 | 1 | +0.0% |
| 1998 | 1 | +0.0% |
| 1999 | 1 | +0.0% |
| 2000 | 1 | +0.0% |
| 2001 | 1 | +0.0% |
| 2002 | 1 | +0.0% |
| 2003 | 1 | +0.0% |
| 2004 | 1 | +0.0% |
| 2007 | 1 | +0.0% |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Latvia compared with similar countries
- Latvia's 1 is above the median for high income countries, which is 1, 1.0× the median. (36 countries reporting)
- Latvia's 1 is above the median for Europe & Central Asia, which is 1, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1 | 1 | 1 | 5 |
| 2000s | 1 | 1 | 1 | 8 |
| 2010s | 1 | 1 | 1 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
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More trade data for Latvia
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.34 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.53 (2024)
- Imports of low carbon technology products, US dollar (World), per 356.69 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0151 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 467.61 million (2024)
Frequently asked questions
- What is taxes on international trade and transactions, ratio of this level of in Latvia?
- Taxes on international trade and transactions, ratio of this level of in Latvia was 1 in 2020, according to International Monetary Fund.
- What is the highest taxes on international trade and transactions, ratio of this level of recorded in Latvia?
- The highest recorded value was 1 in 1995.
- What is the lowest taxes on international trade and transactions, ratio of this level of recorded in Latvia?
- The lowest recorded value was 1 in 1995.
- How does Latvia rank for taxes on international trade and transactions, ratio of this level of?
- Latvia ranks 1st out of 74 countries with data for 2020.
- Is taxes on international trade and transactions, ratio of this level of rising or falling in Latvia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Taxes on international trade and transactions, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.