Tariff rate, applied, simple mean, all products in Bangladesh

Bangladesh: Tariff rate, applied, simple mean, all products was 12.9% in 2022. ◆ Volatile

Latest (2022)
12.9%
Change on year
up 2.5%
World rank
28th
of 184 countries
All-time high
105.4%
in 1989
All-time low
12.0%
in 2015
Years of data
24
1989–2022

Tariff rate, applied, simple mean, all products in Bangladesh, 1989–2022

204060801001989200520221989: 105.4 %1994: 84.9 %1998: 27.5 %1999: 22.3 %2000: 22.2 %2001: 20.9 %2002: 21 %2003: 19.6 %2004: 18.3 %2005: 15.4 %2006: 15.2 %2007: 14.3 %2008: 13.8 %2009: 14.1 %2010: 13.9 %2011: 13.8 %2012: 13.5 %2013: 12.9 %2015: 12 %2016: 13 %2019: 12.2 %2020: 12.5 %2021: 12.6 %2022: 12.9 %

Source: Staff estimates. Measured in %.

Analysis

Bangladesh recorded 12.9% for tariff rate, applied, simple mean, all products in 2022.

That represents a change of up 2.5% on the previous year and down 4.7% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Bangladesh peaked at 105.4% in 1989 and was at its lowest, 12.0%, in 2015.

Bangladesh ranks 28th of 184 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 105.4% 105.4% 105.4% 1
1990s 44.9% 22.3% 84.9% 3
2000s 17.5% 13.8% 22.2% 10
2010s 13.0% 12.0% 13.9% 7
2020s 12.7% 12.5% 12.9% 3

Countries ranked near Bangladesh

  1. 25 Grenada 12.9% compare
  2. 26 Mauritania 12.9% compare
  3. 27 Guinea 12.9% compare
  4. 29 Togo 12.8% compare
  5. 30 Tanzania 12.8% compare
  6. 31 Senegal 12.8% compare

See the full ranking of 185 places →

More private sector data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Bangladesh?
Tariff rate, applied, simple mean, all products in Bangladesh was 12.9% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Bangladesh?
The highest recorded value was 105.4% in 1989.
What is the lowest tariff rate, applied, simple mean, all products recorded in Bangladesh?
The lowest recorded value was 12.0% in 2015.
How does Bangladesh rank for tariff rate, applied, simple mean, all products?
Bangladesh ranks 28th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Bangladesh?
Over the last ten years it is down 4.7%. The long-run trend across the full record is volatile.
Where does this Bangladesh 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.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, simple mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

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.