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

Nepal: Tariff rate, applied, weighted mean, all products was 11.2% in 2022. ◆ Volatile

Latest (2022)
11.2%
Change on year
down 6.6%
World rank
29th
of 184 countries
All-time high
421.5%
in 2008
All-time low
10.6%
in 2014
Years of data
24
1993–2022

Tariff rate, applied, weighted mean, all products in Nepal, 1993–2022

01002003004001993200720221993: 16 %1998: 20.1 %1999: 14 %2000: 16.8 %2002: 15.4 %2003: 15.9 %2004: 15.5 %2005: 15.4 %2006: 13.1 %2007: 13.3 %2008: 421.5 %2009: 12.7 %2010: 13.1 %2011: 12.4 %2012: 12.4 %2013: 15 %2014: 10.6 %2015: 12.3 %2016: 12.3 %2018: 12.4 %2019: 14.2 %2020: 11.6 %2021: 12 %2022: 11.2 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, weighted mean, all products in Nepal stood at 11.2%.

Compared with earlier readings it is down 6.6% on the previous year and down 10.0% over ten years.

Over the whole period, tariff rate, applied, weighted mean, all products in Nepal peaked at 421.5% in 2008 and was at its lowest, 10.6%, in 2014.

That places Nepal 29th out of 184 countries with data for 2022, putting it 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 16.7% 14.0% 20.1% 3
2000s 60.0% 12.7% 421.5% 9
2010s 12.8% 10.6% 15.0% 9
2020s 11.6% 11.2% 12.0% 3

Countries ranked near Nepal

  1. 27 Vanuatu 11.5% compare
  2. 28 Zimbabwe 11.4% compare
  3. 30 Maldives 11.1% compare
  4. 31 Rwanda 11.1% compare
  5. 32 Bangladesh 10.6% compare

See the full ranking of 185 places →

More private sector data for Nepal

All data for Nepal →

Frequently asked questions

What is tariff rate, applied, weighted mean, all products in Nepal?
Tariff rate, applied, weighted mean, all products in Nepal was 11.2% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, all products recorded in Nepal?
The highest recorded value was 421.5% in 2008.
What is the lowest tariff rate, applied, weighted mean, all products recorded in Nepal?
The lowest recorded value was 10.6% in 2014.
How does Nepal rank for tariff rate, applied, weighted mean, all products?
Nepal ranks 29th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, all products rising or falling in Nepal?
Over the last ten years it is down 10.0%. The long-run trend across the full record is volatile.
Where does this Nepal 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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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.