Tariff rate, applied, simple mean, all products in Peru
Peru: Tariff rate, applied, simple mean, all products was 1.1% in 2022. ◆ Volatile
Tariff rate, applied, simple mean, all products in Peru, 1993–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, simple mean, all products in Peru is 1.1%, measured in 2022.
The figure is up 1.9% on the previous year and down 64.7% over ten years.
Over the whole period, tariff rate, applied, simple mean, all products in Peru peaked at 17.9% in 1993 and was at its lowest, 1.1%, in 2021.
That places Peru 175th out of 184 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.7% | 13.1% | 17.9% | 5 |
| 2000s | 9.0% | 4.5% | 13.2% | 10 |
| 2010s | 2.5% | 1.2% | 4.7% | 8 |
| 2020s | 1.1% | 1.1% | 1.1% | 3 |
Countries ranked near Peru
More private sector data for Peru
- Merchandise exports 82.69 billion current US$ (2025)
- Manufactures exports 7.4% (2024)
- Food exports 21.2% (2024)
- Merchandise imports 60.63 billion current US$ (2025)
- Manufactures imports 68.2% (2024)
- Food imports 11.9% (2024)
- Merchandise trade 42.8% (2025)
- Commercial service exports 7.45 billion current US$ (2025)
- Transport services 32.3% (2025)
- Computer, communications and other services 34.7% (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, all products in Peru?
- Tariff rate, applied, simple mean, all products in Peru was 1.1% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, all products recorded in Peru?
- The highest recorded value was 17.9% in 1993.
- What is the lowest tariff rate, applied, simple mean, all products recorded in Peru?
- The lowest recorded value was 1.1% in 2021.
- How does Peru rank for tariff rate, applied, simple mean, all products?
- Peru ranks 175th out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, all products rising or falling in Peru?
- Over the last ten years it is down 64.7%. The long-run trend across the full record is volatile.
- Where does this Peru 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 — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.