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Lithuania Tariff Rate

Lithuania's tariff rate fell to 1.95% in 2022, down from 2.24% in 2021, according to World Bank. This represents a decrease of 0.29% from the previous year. Lithuania has tariff rate lower than the global median (1.95% vs median 5.90%). Within Europe, it ranks 27th out of 40 countries.

Yearly Historical Data (1995-2022)

(in %)
Year Tariff Rate (%)
2022 1.95%
2021 2.24%
2020 1.71%
2019 2.55%
2018 2.46%
2017 2.48%
2016 2.48%
2015 2.73%
2014 2.76%
2013 2.21%
2012 2.28%
2011 2.3%
2010 2.78%
2009 2.44%
2008 2.37%
2007 2.53%
2006 2.75%
2005 2.68%
2004 2.64%
2003 1.27%
2002 1.4%
1997 3.23%
1995 3.08%
Lithuania Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Lithuania on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $39.82B $42.63B 2024
Annual Imports $44.75B $48.42B 2024
Exports (% GDP) 74.11% 76.47% 2024
FDI Inflows (% GDP) 4.24% 4.8% 2024
Imports (% GDP) 68.93% 72.57% 2024
Net Trade (Goods & Services, BoP) $4.4B $3.12B 2024
Trade (% GDP) 143.05% 149.04% 2024