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

Guinea: Tariff rate, applied, simple mean, all products was 12.9% in 2022. ▲ Rising

Latest (2022)
12.9%
Change on year
down 1.8%
World rank
27th
of 184 countries
All-time high
14.1%
in 2005
All-time low
6.2%
in 1998
Years of data
13
1998–2022

Tariff rate, applied, simple mean, all products in Guinea, 1998–2022

0510151998201020221998: 6.2 %2004: 6.3 %2005: 14.1 %2008: 13.5 %2009: 13.3 %2010: 13.5 %2012: 13.5 %2017: 13.3 %2018: 13.1 %2019: 12.7 %2020: 13.2 %2021: 13.1 %2022: 12.9 %

Source: Staff estimates. Measured in %.

Analysis

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

The figure is down 1.8% on the previous year and down 4.6% over ten years.

Over the whole period, tariff rate, applied, simple mean, all products in Guinea peaked at 14.1% in 2005 and was at its lowest, 6.2%, in 1998.

Guinea ranks 27th of 184 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.2% 6.2% 6.2% 1
2000s 11.8% 6.3% 14.1% 4
2010s 13.2% 12.7% 13.5% 5
2020s 13.1% 12.9% 13.2% 3

Countries ranked near Guinea

  1. 24 Ghana 13.0% compare
  2. 25 Grenada 12.9% compare
  3. 26 Mauritania 12.9% compare
  4. 28 Bangladesh 12.9% compare
  5. 29 Togo 12.8% compare
  6. 30 Tanzania 12.8% compare

See the full ranking of 185 places →

More private sector data for Guinea

All data for Guinea →

Frequently asked questions

What is tariff rate, applied, simple mean, all products in Guinea?
Tariff rate, applied, simple mean, all products in Guinea was 12.9% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, all products recorded in Guinea?
The highest recorded value was 14.1% in 2005.
What is the lowest tariff rate, applied, simple mean, all products recorded in Guinea?
The lowest recorded value was 6.2% in 1998.
How does Guinea rank for tariff rate, applied, simple mean, all products?
Guinea ranks 27th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, all products rising or falling in Guinea?
Over the last ten years it is down 4.6%. The long-run trend across the full record is rising.
Where does this Guinea 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 — 13 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.