Tariff rate, applied, simple mean, all products in Cape Verde

Cape Verde: Tariff rate, applied, simple mean, all products was 14.3% in 2022. ▼ Falling

Latest (2022)
14.3%
Change on year
up 5.3%
World rank
17th
of 184 countries
All-time high
15.5%
in 2009
All-time low
13.6%
in 2021
Years of data
14
2005–2022

Tariff rate, applied, simple mean, all products in Cape Verde, 2005–2022

0510152005201320222005: 15.4 %2006: 15.3 %2007: 15.3 %2008: 15.3 %2009: 15.5 %2010: 14.9 %2011: 15 %2012: 14.8 %2013: 15.1 %2015: 14.8 %2019: 14.5 %2020: 13.7 %2021: 13.6 %2022: 14.3 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, simple mean, all products in Cape Verde stood at 14.3%.

The figure is up 5.3% on the previous year and down 3.2% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Cape Verde peaked at 15.5% in 2009 and was at its lowest, 13.6%, in 2021.

That places Cape Verde 17th out of 184 countries with data for 2022, putting it in the top 10%.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.3% 15.3% 15.5% 5
2010s 14.9% 14.5% 15.1% 6
2020s 13.9% 13.6% 14.3% 3

Countries ranked near Cape Verde

  1. 14 Iran 15.2% compare
  2. 15 Uganda 15.1% compare
  3. 16 Egypt 14.4% compare
  4. 18 Gambia 14.0% compare
  5. 19 Nepal 13.6% compare
  6. 20 Sierra Leone 13.6% compare

See the full ranking of 185 places →

More private sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Cape Verde?
Tariff rate, applied, simple mean, all products in Cape Verde was 14.3% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Cape Verde?
The highest recorded value was 15.5% in 2009.
What is the lowest tariff rate, applied, simple mean, all products recorded in Cape Verde?
The lowest recorded value was 13.6% in 2021.
How does Cape Verde rank for tariff rate, applied, simple mean, all products?
Cape Verde ranks 17th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Cape Verde?
Over the last ten years it is down 3.2%. The long-run trend across the full record is falling.
Where does this Cape Verde 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 — 14 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.