Tariff rate, applied, simple mean, primary products in Sri Lanka

Sri Lanka: Tariff rate, applied, simple mean, primary products was 16.3% in 2021. ◆ Volatile

Latest (2021)
16.3%
Change on year
down 23.2%
World rank
45th
of 184 countries
All-time high
79.8%
in 2019
All-time low
12.9%
in 2015
Years of data
24
1990–2021

Tariff rate, applied, simple mean, primary products in Sri Lanka, 1990–2021

204060801990200520211990: 35 %1993: 31.8 %1994: 34.1 %1997: 28.1 %1998: 20.9 %2000: 17.6 %2001: 16.8 %2003: 15.9 %2004: 17.2 %2005: 18.2 %2006: 18.1 %2007: 18.5 %2008: 18.2 %2009: 17.6 %2010: 18.7 %2011: 19.8 %2012: 20.8 %2014: 18.4 %2015: 12.9 %2017: 25.6 %2018: 42 %2019: 79.8 %2020: 21.2 %2021: 16.3 %

Source: Staff estimates. Measured in %.

Analysis

In 2021, tariff rate, applied, simple mean, primary products in Sri Lanka stood at 16.3%.

Compared with earlier readings it is down 23.2% on the previous year and down 17.7% over ten years.

Over the whole period, tariff rate, applied, simple mean, primary products in Sri Lanka peaked at 79.8% in 2019 and was at its lowest, 12.9%, in 2015.

Sri Lanka ranks 45th of 184 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 30.0% 20.9% 35.0% 5
2000s 17.6% 15.9% 18.5% 9
2010s 29.8% 12.9% 79.8% 8
2020s 18.7% 16.3% 21.2% 2

Countries ranked near Sri Lanka

  1. 42 Ghana 16.5% compare
  2. 43 Mauritania 16.4% compare
  3. 44 Togo 16.3% compare
  4. 46 Samoa 16.3% compare
  5. 47 Mali 16.2% compare
  6. 48 Antigua and Barbuda 16.1% compare

See the full ranking of 185 places →

More private sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is tariff rate, applied, simple mean, primary products in Sri Lanka?
Tariff rate, applied, simple mean, primary products in Sri Lanka was 16.3% in 2021, according to Staff estimates.
What is the highest tariff rate, applied, simple mean, primary products recorded in Sri Lanka?
The highest recorded value was 79.8% in 2019.
What is the lowest tariff rate, applied, simple mean, primary products recorded in Sri Lanka?
The lowest recorded value was 12.9% in 2015.
How does Sri Lanka rank for tariff rate, applied, simple mean, primary products?
Sri Lanka ranks 45th out of 184 countries with data for 2021.
Is tariff rate, applied, simple mean, primary products rising or falling in Sri Lanka?
Over the last ten years it is down 17.7%. The long-run trend across the full record is volatile.
Where does this Sri Lanka 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 — 24 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).