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

Lesotho: Tariff rate, applied, weighted mean, all products was 3.4% in 2022. ◆ Volatile

Latest (2022)
3.4%
Change on year
up 0.3%
World rank
106th
of 184 countries
All-time high
16.7%
in 2005
All-time low
1.4%
in 2013
Years of data
20
2001–2022

Tariff rate, applied, weighted mean, all products in Lesotho, 2001–2022

0510152001201120222001: 1.4 %2004: 16.4 %2005: 16.7 %2006: 15.7 %2007: 13.6 %2008: 12.1 %2009: 10.3 %2010: 10.6 %2011: 13.2 %2012: 13.1 %2013: 1.4 %2014: 2.4 %2015: 2.8 %2016: 2 %2017: 1.4 %2018: 3.4 %2019: 3.4 %2020: 3.3 %2021: 3.4 %2022: 3.4 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, weighted mean, all products in Lesotho stood at 3.4%.

That represents a change of up 0.3% on the previous year and down 74.3% over ten years.

Over the whole period, tariff rate, applied, weighted mean, all products in Lesotho peaked at 16.7% in 2005 and was at its lowest, 1.4%, in 2013.

That places Lesotho 106th 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
2000s 12.3% 1.4% 16.7% 7
2010s 5.4% 1.4% 13.2% 10
2020s 3.3% 3.3% 3.4% 3

Countries ranked near Lesotho

  1. 103 Namibia 3.6% compare
  2. 103 Papua New Guinea 3.6% compare
  3. 105 Malaysia 3.4% compare
  4. 107 Botswana 3.2% compare
  5. 108 Jordan 3.2% compare
  6. 109 Kyrgyzstan 3.0% compare

See the full ranking of 185 places →

More private sector data for Lesotho

All data for Lesotho →

Frequently asked questions

What is tariff rate, applied, weighted mean, all products in Lesotho?
Tariff rate, applied, weighted mean, all products in Lesotho was 3.4% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, all products recorded in Lesotho?
The highest recorded value was 16.7% in 2005.
What is the lowest tariff rate, applied, weighted mean, all products recorded in Lesotho?
The lowest recorded value was 1.4% in 2013.
How does Lesotho rank for tariff rate, applied, weighted mean, all products?
Lesotho ranks 106th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, all products rising or falling in Lesotho?
Over the last ten years it is down 74.3%. The long-run trend across the full record is volatile.
Where does this Lesotho 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 — 20 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.