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

Bhutan: Tariff rate, applied, simple mean, all products was 6.8% in 2022. ▼ Falling

Latest (2022)
6.8%
Change on year
up 66.7%
World rank
88th
of 184 countries
All-time high
22.2%
in 2004
All-time low
4.1%
in 2021
Years of data
10
1996–2022

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

51015201996200920221996: 17.5 %2002: 17.7 %2004: 22.2 %2005: 22.1 %2007: 11.1 %2015: 12.2 %2019: 8.1 %2020: 7.6 %2021: 4.1 %2022: 6.8 %

Source: Staff estimates. Measured in %.

Analysis

Bhutan recorded 6.8% for tariff rate, applied, simple mean, all products in 2022.

The figure is up 66.7% on the previous year and down 44.4% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Bhutan peaked at 22.2% in 2004 and was at its lowest, 4.1%, in 2021.

Bhutan ranks 88th of 184 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 10 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.5% 17.5% 17.5% 1
2000s 18.3% 11.1% 22.2% 4
2010s 10.2% 8.1% 12.2% 2
2020s 6.2% 4.1% 7.6% 3

Countries ranked near Bhutan

  1. 85 South Africa 7.3% compare
  2. 86 Namibia 7.1% compare
  3. 87 Palau 6.8% compare
  4. 89 Uzbekistan 6.7% compare
  5. 90 Haiti 6.4% compare
  6. 91 Saudi Arabia 6.0% compare

See the full ranking of 185 places →

More private sector data for Bhutan

All data for Bhutan →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Bhutan?
Tariff rate, applied, simple mean, all products in Bhutan was 6.8% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Bhutan?
The highest recorded value was 22.2% in 2004.
What is the lowest tariff rate, applied, simple mean, all products recorded in Bhutan?
The lowest recorded value was 4.1% in 2021.
How does Bhutan rank for tariff rate, applied, simple mean, all products?
Bhutan ranks 88th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Bhutan?
Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
Where does this Bhutan 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 — 10 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.