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

Barbados: Tariff rate, applied, simple mean, primary products was 20.2% in 2022. ▼ Falling

Latest (2022)
20.2%
Change on year
up 6.4%
World rank
20th
of 184 countries
All-time high
37.4%
in 2001
All-time low
17.4%
in 2012
Years of data
16
1996–2022

Tariff rate, applied, simple mean, primary products in Barbados, 1996–2022

0102030401996200920221996: 34.1 %1999: 31.2 %2000: 31.9 %2001: 37.4 %2002: 37 %2003: 37.1 %2004: 27.9 %2006: 23.6 %2007: 26.4 %2010: 23.3 %2011: 23 %2012: 17.4 %2013: 26 %2020: 19.2 %2021: 19 %2022: 20.2 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, simple mean, primary products in Barbados stood at 20.2%.

That represents a change of up 6.4% on the previous year and up 16.0% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Barbados peaked at 37.4% in 2001 and was at its lowest, 17.4%, in 2012.

Barbados ranks 20th of 184 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 32.6% 31.2% 34.1% 2
2000s 31.6% 23.6% 37.4% 7
2010s 22.4% 17.4% 26.0% 4
2020s 19.5% 19.0% 20.2% 3

Countries ranked near Barbados

  1. 17 Angola 21.9% compare
  2. 18 Turkey 21.9% compare
  3. 19 Nepal 20.2% compare
  4. 21 Tanzania 19.8% compare
  5. 22 Tunisia 19.5% compare
  6. 23 Ethiopia 19.4% compare

See the full ranking of 185 places →

More private sector data for Barbados

All data for Barbados →

Frequently asked questions

What is tariff rate, applied, simple mean, primary products in Barbados?
Tariff rate, applied, simple mean, primary products in Barbados was 20.2% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Barbados?
The highest recorded value was 37.4% in 2001.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Barbados?
The lowest recorded value was 17.4% in 2012.
How does Barbados rank for tariff rate, applied, simple mean, primary products?
Barbados ranks 20th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, primary products rising or falling in Barbados?
Over the last ten years it is up 16.0%. The long-run trend across the full record is falling.
Where does this Barbados 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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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).