Tariff rate, applied, simple mean, primary products in Bahamas

Bahamas: Tariff rate, applied, simple mean, primary products was 15.2% in 2022. ▼ Falling

Latest (2022)
15.2%
World rank
56th
of 184 countries
All-time high
25.8%
in 1999
All-time low
14.0%
in 2018
Years of data
11
1999–2022

Tariff rate, applied, simple mean, primary products in Bahamas, 1999–2022

01020301999201020221999: 25.8 %2002: 23.8 %2006: 24.4 %2010: 22.4 %2011: 22.4 %2013: 21 %2014: 20.9 %2015: 19.4 %2016: 18.3 %2018: 14 %2022: 15.2 %

Source: Staff estimates. Measured in %.

Analysis

Bahamas recorded 15.2% for tariff rate, applied, simple mean, primary products in 2022.

Compared with earlier readings it is down 32.4% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Bahamas peaked at 25.8% in 1999 and was at its lowest, 14.0%, in 2018.

That places Bahamas 56th 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 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 25.8% 25.8% 25.8% 1
2000s 24.1% 23.8% 24.4% 2
2010s 19.8% 14.0% 22.4% 7
2020s 15.2% 15.2% 15.2% 1

Countries ranked near Bahamas

  1. 53 Senegal 15.4% compare
  2. 54 Saint Lucia 15.3% compare
  3. 55 Bangladesh 15.2% compare
  4. 57 Benin 14.5% compare
  5. 58 Djibouti 14.4% compare
  6. 59 Jordan 14.3% compare

See the full ranking of 185 places →

More private sector data for Bahamas

All data for Bahamas →

Frequently asked questions

What is tariff rate, applied, simple mean, primary products in Bahamas?
Tariff rate, applied, simple mean, primary products in Bahamas was 15.2% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Bahamas?
The highest recorded value was 25.8% in 1999.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Bahamas?
The lowest recorded value was 14.0% in 2018.
How does Bahamas rank for tariff rate, applied, simple mean, primary products?
Bahamas ranks 56th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, primary products rising or falling in Bahamas?
Over the last ten years it is down 32.4%. The long-run trend across the full record is falling.
Where does this Bahamas data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, primary products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).