Tariff rate, applied, weighted mean, all products in India

India: Tariff rate, applied, weighted mean, all products was 4.6% in 2022. ◆ Volatile

Latest (2022)
4.6%
Change on year
down 21.8%
World rank
87th
of 184 countries
All-time high
56.4%
in 1990
All-time low
4.6%
in 2022
Years of data
27
1990–2022

Tariff rate, applied, weighted mean, all products in India, 1990–2022

02040601990200620221990: 56.4 %1992: 27 %1996: 23.7 %1997: 20.1 %1999: 28.5 %2000: 23.4 %2001: 26.5 %2002: 23.1 %2003: 21.4 %2004: 23 %2005: 13.9 %2006: 9 %2007: 12 %2008: 6 %2009: 6.8 %2010: 6.1 %2011: 7.3 %2012: 6.3 %2013: 6.3 %2015: 7.3 %2016: 6.3 %2017: 5.8 %2018: 4.9 %2019: 6.6 %2020: 6.2 %2021: 5.9 %2022: 4.6 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, weighted mean, all products in India is 4.6%, measured in 2022. That is the lowest value across all 27 years on record.

The figure is down 21.8% on the previous year and down 27.4% over ten years.

Over the whole period, tariff rate, applied, weighted mean, all products in India peaked at 56.4% in 1990 and was at its lowest, 4.6%, in 2022.

That places India 87th out of 184 countries with data for 2022, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 31.1% 20.1% 56.4% 5
2000s 16.5% 6.0% 26.5% 10
2010s 6.3% 4.9% 7.3% 9
2020s 5.5% 4.6% 6.2% 3

Countries ranked near India

  1. 84 Bhutan 4.8% compare
  2. 85 South Africa 4.7% compare
  3. 86 Paraguay 4.6% compare
  4. 88 Sri Lanka 4.4% compare
  5. 89 Comoros 4.3% compare
  6. 90 Turkey 4.3% compare

See the full ranking of 185 places →

More private sector data for India

All data for India →

Frequently asked questions

What is tariff rate, applied, weighted mean, all products in India?
Tariff rate, applied, weighted mean, all products in India was 4.6% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, all products recorded in India?
The highest recorded value was 56.4% in 1990.
What is the lowest tariff rate, applied, weighted mean, all products recorded in India?
The lowest recorded value was 4.6% in 2022.
How does India rank for tariff rate, applied, weighted mean, all products?
India ranks 87th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, all products rising or falling in India?
Over the last ten years it is down 27.4%. The long-run trend across the full record is volatile.
Where does this India 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.

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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, weighted mean, all 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

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.