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Latvia Taxes on international trade (current LCU) 2004: Interactive Chart & Historical Data

Taxes on international trade (current LCU) in Latvia stood at 9.765 million in 2004, according to World Bank. The latest value is down 63% from 26.72 million in 2003. Ten years earlier, in 1994, the value was 23.41 million (down 58% since). The latest value is the lowest since 1994; the highest was 31.3 million in 1997. Latvia ranked 88th highest of the 92 countries in this dataset in 2004; Iran ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1994–2004
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What is Taxes on international trade (current LCU)?

Taxes on international trade (current LCU) captures Latvia's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Latvia, Taxes on international trade (current LCU) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Latvia's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Taxes on international trade (current LCU) in Latvia?

Taxes on international trade (current LCU) in Latvia stood at 9.765 million in 2004, according to World Bank.

Is Taxes on international trade (current LCU) in Latvia rising or falling?

The latest value is down 63% from 26.72 million in 2003. Ten years earlier, in 1994, the value was 23.41 million (down 58% since).

How does Latvia rank for Taxes on international trade (current LCU)?

Latvia ranked 88th highest of the 92 countries in this dataset in 2004; Iran ranked first.

What is the highest Taxes on international trade (current LCU) on record in Latvia?

The latest value is the lowest since 1994; the highest was 31.3 million in 1997.

Metadata for Taxes on international trade (current LCU) in Latvia
IndicatorTaxes on international trade (current LCU)
CountryLatvia
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Last available value: 9.765 million (2004)

Latest data for Latvia: 2004. Other countries in this series have data up to 2024.

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Source:World Bank — series GC.TAX.INTT.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Taxes on international trade (current LCU) — Latvia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-intt-cn/LVA. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN

MLA

World Bank. "Taxes on international trade (current LCU) — Latvia." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-intt-cn/LVA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

Chicago

World Bank. 2026. "Taxes on international trade (current LCU) — Latvia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-intt-cn/LVA. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

BibTeX
@misc{econdash_wdi_gc_tax_intt_cn_lva,
  author = {{World Bank}},
  title = {{Taxes on international trade (current LCU) --- Latvia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-intt-cn/LVA},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN}
}