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

Barbados: Tariff rate, applied, simple mean, all products was 11.9% in 2022. ▼ Falling

Latest (2022)
11.9%
Change on year
up 24.6%
World rank
44th
of 184 countries
All-time high
24.2%
in 1996
All-time low
9.5%
in 2021
Years of data
16
1996–2022

Tariff rate, applied, simple mean, all products in Barbados, 1996–2022

05101520251996200920221996: 24.2 %1999: 21.2 %2000: 21.2 %2001: 16.3 %2002: 16.2 %2003: 16.4 %2004: 15.9 %2006: 15 %2007: 15.1 %2010: 13.8 %2011: 13.8 %2012: 12 %2013: 12.6 %2020: 10.2 %2021: 9.5 %2022: 11.9 %

Source: Staff estimates. Measured in %.

Analysis

Barbados recorded 11.9% for tariff rate, applied, simple mean, all products in 2022.

The figure is up 24.6% on the previous year and down 1.4% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Barbados peaked at 24.2% in 1996 and was at its lowest, 9.5%, in 2021.

Barbados ranks 44th of 184 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.7% 21.2% 24.2% 2
2000s 16.6% 15.0% 21.2% 7
2010s 13.0% 12.0% 13.8% 4
2020s 10.5% 9.5% 11.9% 3

Countries ranked near Barbados

  1. 41 Samoa 11.9% compare
  2. 42 Nigeria 11.9% compare
  3. 42 Solomon Islands 11.9% compare
  4. 44 Rwanda 11.9% compare
  5. 46 Angola 11.6% compare
  6. 47 Democratic Republic of Congo 11.6% compare

See the full ranking of 185 places →

More private sector data for Barbados

All data for Barbados →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Barbados?
Tariff rate, applied, simple mean, all products in Barbados was 11.9% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Barbados?
The highest recorded value was 24.2% in 1996.
What is the lowest tariff rate, applied, simple mean, all products recorded in Barbados?
The lowest recorded value was 9.5% in 2021.
How does Barbados rank for tariff rate, applied, simple mean, all products?
Barbados ranks 44th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Barbados?
Over the last ten years it is down 1.4%. The long-run trend across the full record is falling.
Where does this Barbados 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 — 16 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.