Tariff rate, applied, weighted mean, all products in Barbados
Barbados: Tariff rate, applied, weighted mean, all products was 14.6% in 2022. ▼ Falling
Tariff rate, applied, weighted mean, all products in Barbados, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, weighted mean, all products in Barbados is 14.6%, measured in 2022.
Compared with earlier readings it is up 19.1% on the previous year and up 73.2% over ten years.
Over the whole period, tariff rate, applied, weighted mean, all products in Barbados peaked at 22.9% in 1996 and was at its lowest, 8.4%, in 2012.
That places Barbados 12th out of 184 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.9% | 22.8% | 22.9% | 2 |
| 2000s | 18.1% | 12.7% | 21.4% | 7 |
| 2010s | 12.9% | 8.4% | 15.8% | 4 |
| 2020s | 12.9% | 11.8% | 14.6% | 3 |
Countries ranked near Barbados
More private sector data for Barbados
- Merchandise exports 428.00 million current US$ (2025)
- Manufactures exports 39.9% (2024)
- Food exports 43.5% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Manufactures imports 52.6% (2024)
- Food imports 22.7% (2024)
- Merchandise trade 33.1% (2025)
- Commercial service exports 1.50 billion current US$ (2017)
- Transport services 16.1% (2017)
- Computer, communications and other services 69.8% (2017)
Frequently asked questions
- What is tariff rate, applied, weighted mean, all products in Barbados?
- Tariff rate, applied, weighted mean, all products in Barbados was 14.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, all products recorded in Barbados?
- The highest recorded value was 22.9% in 1996.
- What is the lowest tariff rate, applied, weighted mean, all products recorded in Barbados?
- The lowest recorded value was 8.4% in 2012.
- How does Barbados rank for tariff rate, applied, weighted mean, all products?
- Barbados ranks 12th out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, all products rising or falling in Barbados?
- Over the last ten years it is up 73.2%. 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, weighted mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. 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 and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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.