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

Belize: Tariff rate, applied, simple mean, primary products was 27.6% in 2022. ▬ Flat

Latest (2022)
27.6%
Change on year
up 13.1%
World rank
3rd
of 184 countries
All-time high
27.6%
in 2022
All-time low
15.5%
in 2007
Years of data
22
1996–2022

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

01020301996200920221996: 22.7 %1999: 23.8 %2001: 19.7 %2002: 19.8 %2003: 19.1 %2006: 16.1 %2007: 15.5 %2008: 15.8 %2009: 18.6 %2010: 18.9 %2011: 16.1 %2012: 16.2 %2013: 16.9 %2014: 16.9 %2015: 16.8 %2016: 17 %2017: 16.9 %2018: 16.6 %2019: 16.3 %2020: 24.1 %2021: 24.4 %2022: 27.6 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, simple mean, primary products in Belize stood at 27.6%. That is the highest value across all 22 years on record.

That represents a change of up 13.1% on the previous year and up 69.6% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Belize peaked at 27.6% in 2022 and was at its lowest, 15.5%, in 2007.

That places Belize 3rd out of 184 countries with data for 2022, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.2% 22.7% 23.8% 2
2000s 17.8% 15.5% 19.8% 7
2010s 16.9% 16.1% 18.9% 10
2020s 25.4% 24.1% 27.6% 3

Countries ranked near Belize

  1. 1 Egypt 99.4% compare
  2. 2 Bermuda 34.5% compare
  3. 4 Nauru 26.9% compare
  4. 5 Central African Republic 25.5% compare
  5. 6 Equatorial Guinea 24.6% 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, primary products in Belize?
Tariff rate, applied, simple mean, primary products in Belize was 27.6% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Belize?
The highest recorded value was 27.6% in 2022.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Belize?
The lowest recorded value was 15.5% in 2007.
How does Belize rank for tariff rate, applied, simple mean, primary products?
Belize ranks 3rd out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, primary products rising or falling in Belize?
Over the last ten years it is up 69.6%. The long-run trend across the full record is flat.
Where does this Belize 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).