Tariff rate, applied, simple mean, all products in Bahamas
Bahamas: Tariff rate, applied, simple mean, all products was 26.3% in 2022. ▼ Falling
Tariff rate, applied, simple mean, all products in Bahamas, 1999–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, simple mean, all products in Bahamas is 26.3%, measured in 2022.
That represents a change of down 20.7% over ten years.
Over the whole period, tariff rate, applied, simple mean, all products in Bahamas peaked at 33.4% in 2010 and was at its lowest, 23.7%, in 2018.
That places Bahamas 1st out of 184 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.9% | 29.9% | 29.9% | 1 |
| 2000s | 28.8% | 28.5% | 29.0% | 2 |
| 2010s | 29.4% | 23.7% | 33.4% | 7 |
| 2020s | 26.3% | 26.3% | 26.3% | 1 |
Countries ranked near Bahamas
- 2 Bermuda 22.3% compare
- 3 Equatorial Guinea 20.0% compare
- 4 Central African Republic 19.3% compare
More private sector data for Bahamas
- Merchandise exports 711.00 million current US$ (2025)
- Manufactures exports 31.2% (2024)
- Food exports 52.2% (2024)
- Merchandise imports 5.52 billion current US$ (2025)
- Manufactures imports 61.1% (2024)
- Food imports 20.0% (2024)
- Merchandise trade 35.6% (2024)
- Commercial service exports 5.84 billion current US$ (2024)
- Transport services 24.3% (2024)
- Computer, communications and other services 50.7% (2024)
Frequently asked questions
- What is tariff rate, applied, simple mean, all products in Bahamas?
- Tariff rate, applied, simple mean, all products in Bahamas was 26.3% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, all products recorded in Bahamas?
- The highest recorded value was 33.4% in 2010.
- What is the lowest tariff rate, applied, simple mean, all products recorded in Bahamas?
- The lowest recorded value was 23.7% in 2018.
- How does Bahamas rank for tariff rate, applied, simple mean, all products?
- Bahamas ranks 1st out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, all products rising or falling in Bahamas?
- Over the last ten years it is down 20.7%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.