Tariff rate, applied, simple mean, primary products in Equatorial Guinea

Equatorial Guinea: Tariff rate, applied, simple mean, primary products was 24.6% in 2022. ▬ Flat

Latest (2022)
24.6%
World rank
6th
of 184 countries
All-time high
24.6%
in 2022
All-time low
21.9%
in 2007
Years of data
6
1998–2022

Tariff rate, applied, simple mean, primary products in Equatorial Guinea, 1998–2022

05101520251998201020221998: 24.5 %2001: 23.7 %2002: 23.9 %2005: 23.5 %2007: 21.9 %2022: 24.6 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, simple mean, primary products in Equatorial Guinea is 24.6%, measured in 2022. That is the highest value across all 6 years on record.

The figure is up 12.6% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Equatorial Guinea peaked at 24.6% in 2022 and was at its lowest, 21.9%, in 2007.

Equatorial Guinea ranks 6th of 184 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 24.5% 24.5% 24.5% 1
2000s 23.2% 21.9% 23.9% 4
2020s 24.6% 24.6% 24.6% 1

Countries ranked near Equatorial Guinea

  1. 3 Belize 27.6% compare
  2. 4 Nauru 26.9% compare
  3. 5 Central African Republic 25.5% compare
  4. 7 Zimbabwe 24.6% compare
  5. 8 Chad 24.1% compare
  6. 9 Uganda 23.8% compare

See the full ranking of 185 places →

More private sector data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is tariff rate, applied, simple mean, primary products in Equatorial Guinea?
Tariff rate, applied, simple mean, primary products in Equatorial Guinea was 24.6% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Equatorial Guinea?
The highest recorded value was 24.6% in 2022.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Equatorial Guinea?
The lowest recorded value was 21.9% in 2007.
How does Equatorial Guinea rank for tariff rate, applied, simple mean, primary products?
Equatorial Guinea ranks 6th out of 184 countries with data for 2022.
Is tariff rate, applied, simple mean, primary products rising or falling in Equatorial Guinea?
Over the last ten years it is up 12.6%. The long-run trend across the full record is flat.
Where does this Equatorial Guinea 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).