Belize vs Equatorial Guinea: Tariff rate, applied, simple mean, primary products
Tariff rate, applied, simple mean, primary products over time
- Belize
- Equatorial Guinea
How they compare
Belize currently reports 27.6% against 24.6% in Equatorial Guinea, a difference of 2.9%.
That makes Belize's figure about 1.1 times Equatorial Guinea's.
Globally, Belize ranks 3rd and Equatorial Guinea ranks 6th of 184 countries.
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About this data
Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).