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

Nepal: Tariff rate, applied, simple mean, manufactured products was 12.8% in 2022. ▼ Falling

Latest (2022)
12.8%
Change on year
up 4.8%
World rank
20th
of 184 countries
All-time high
23.2%
in 1998
All-time low
11.1%
in 2018
Years of data
24
1993–2022

Tariff rate, applied, simple mean, manufactured products in Nepal, 1993–2022

05101520251993200720221993: 22.5 %1998: 23.2 %1999: 14.9 %2000: 14.1 %2002: 14.7 %2003: 14.9 %2004: 14.9 %2005: 14.8 %2006: 12.7 %2007: 12.7 %2008: 13.8 %2009: 12.2 %2010: 12.3 %2011: 12.4 %2012: 12.1 %2013: 11.2 %2014: 12.1 %2015: 12.1 %2016: 11.9 %2018: 11.1 %2019: 12.6 %2020: 11.2 %2021: 12.3 %2022: 12.8 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, simple mean, manufactured products in Nepal stood at 12.8%.

Compared with earlier readings it is up 4.8% on the previous year and up 5.9% over ten years.

Over the whole period, tariff rate, applied, simple mean, manufactured products in Nepal peaked at 23.2% in 1998 and was at its lowest, 11.1%, in 2018.

That places Nepal 20th out of 184 countries with data for 2022, putting it in the top quarter.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.2% 14.9% 23.2% 3
2000s 13.9% 12.2% 14.9% 9
2010s 12.0% 11.1% 12.6% 9
2020s 12.1% 11.2% 12.8% 3

Countries ranked near Nepal

  1. 17 Comoros 13.2% compare
  2. 18 Gambia 13.2% compare
  3. 19 Venezuela 13.0% compare
  4. 21 Sierra Leone 12.8% compare
  5. 22 Guinea-Bissau 12.7% compare
  6. 23 Bangladesh 12.6% compare

See the full ranking of 185 places →

More private sector data for Nepal

All data for Nepal →

Frequently asked questions

What is tariff rate, applied, simple mean, manufactured products in Nepal?
Tariff rate, applied, simple mean, manufactured products in Nepal was 12.8% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, manufactured products recorded in Nepal?
The highest recorded value was 23.2% in 1998.
What is the lowest tariff rate, applied, simple mean, manufactured products recorded in Nepal?
The lowest recorded value was 11.1% in 2018.
How does Nepal rank for tariff rate, applied, simple mean, manufactured products?
Nepal ranks 20th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, manufactured products rising or falling in Nepal?
Over the last ten years it is up 5.9%. The long-run trend across the full record is falling.
Where does this Nepal 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.

Download this data

CSV · JSON — 24 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.