Tariff rate, applied, simple mean, manufactured products in Belize

Belize: Tariff rate, applied, simple mean, manufactured products was 10.0% in 2022. ▼ Falling

Latest (2022)
10.0%
Change on year
unchanged
World rank
57th
of 184 countries
All-time high
20.1%
in 1996
All-time low
10.0%
in 2020
Years of data
22
1996–2022

Tariff rate, applied, simple mean, manufactured products in Belize, 1996–2022

051015201996200920221996: 20.1 %1999: 17.6 %2001: 11.7 %2002: 11.9 %2003: 11.9 %2006: 11.2 %2007: 11 %2008: 11.2 %2009: 11.6 %2010: 11.6 %2011: 11 %2012: 10.6 %2013: 10.8 %2014: 10.8 %2015: 10.7 %2016: 10.2 %2017: 10.4 %2018: 10.1 %2019: 10.2 %2020: 10 %2021: 10 %2022: 10 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, simple mean, manufactured products in Belize is 10.0%, measured in 2022.

Compared with earlier readings it is down 5.0% over ten years.

Over the whole period, tariff rate, applied, simple mean, manufactured products in Belize peaked at 20.1% in 1996 and was at its lowest, 10.0%, in 2020.

That places Belize 57th out of 184 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.9% 17.6% 20.1% 2
2000s 11.5% 11.0% 11.9% 7
2010s 10.6% 10.1% 11.6% 10
2020s 10.0% 10.0% 10.0% 3

Countries ranked near Belize

  1. 54 Solomon Islands 10.2% compare
  2. 55 Angola 10.2% compare
  3. 55 Uruguay 10.2% compare
  4. 58 Bolivia 10.0% compare
  5. 59 Saint Kitts and Nevis 9.8% compare
  6. 60 Sao Tome and Principe 9.8% compare

See the full ranking of 185 places →

More private sector data for Belize

All data for Belize →

Frequently asked questions

What is tariff rate, applied, simple mean, manufactured products in Belize?
Tariff rate, applied, simple mean, manufactured products in Belize was 10.0% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, manufactured products recorded in Belize?
The highest recorded value was 20.1% in 1996.
What is the lowest tariff rate, applied, simple mean, manufactured products recorded in Belize?
The lowest recorded value was 10.0% in 2020.
How does Belize rank for tariff rate, applied, simple mean, manufactured products?
Belize ranks 57th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, manufactured products rising or falling in Belize?
Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
Where does this Belize data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.