Tariff rate, applied, weighted mean, manufactured products in Libya

Libya: Tariff rate, applied, weighted mean, manufactured products was 4.3% in 2021. ◆ Volatile

Latest (2021)
4.3%
Change on year
down 8.0%
World rank
87th
of 184 countries
All-time high
40.9%
in 1996
All-time low
0.0%
in 2006
Years of data
5
1996–2021

Tariff rate, applied, weighted mean, manufactured products in Libya, 1996–2021

0102030401996200820211996: 40.9 %2002: 35.1 %2006: 0 %2020: 4.6 %2021: 4.3 %

Source: Staff estimates. Measured in %.

Analysis

In 2021, tariff rate, applied, weighted mean, manufactured products in Libya stood at 4.3%.

That represents a change of down 8.0% on the previous year.

Over the whole period, tariff rate, applied, weighted mean, manufactured products in Libya peaked at 40.9% in 1996 and was at its lowest, 0.0%, in 2006.

That places Libya 87th out of 184 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.9% 40.9% 40.9% 1
2000s 17.5% 0.0% 35.1% 2
2020s 4.4% 4.3% 4.6% 2

Countries ranked near Libya

  1. 84 Mongolia 4.7% compare
  2. 85 Zambia 4.4% compare
  3. 86 Mozambique 4.4% compare
  4. 88 Kuwait 4.2% compare
  5. 89 Dominican Republic 4.2% compare
  6. 89 Palau 4.2% compare

See the full ranking of 185 places →

More private sector data for Libya

All data for Libya →

Frequently asked questions

What is tariff rate, applied, weighted mean, manufactured products in Libya?
Tariff rate, applied, weighted mean, manufactured products in Libya was 4.3% in 2021, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Libya?
The highest recorded value was 40.9% in 1996.
What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Libya?
The lowest recorded value was 0.0% in 2006.
How does Libya rank for tariff rate, applied, weighted mean, manufactured products?
Libya ranks 87th out of 184 countries with data for 2021.
Where does this Libya data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tariff rate, applied, weighted mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.