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

Mongolia: Tariff rate, applied, weighted mean, manufactured products was 4.7% in 2022. ▲ Rising

Latest (2022)
4.7%
Change on year
up 0.2%
World rank
84th
of 184 countries
All-time high
6.8%
in 2002
All-time low
0.0%
in 1999
Years of data
21
1999–2022

Tariff rate, applied, weighted mean, manufactured products in Mongolia, 1999–2022

02461999201020221999: 0 %2000: 4.8 %2001: 6.7 %2002: 6.8 %2003: 4.9 %2004: 4.9 %2005: 3.7 %2006: 3.9 %2007: 4.9 %2008: 4.9 %2009: 4.9 %2010: 4.9 %2011: 4.9 %2013: 4.9 %2015: 4.9 %2017: 4.8 %2018: 4.7 %2019: 4.8 %2020: 4.7 %2021: 4.7 %2022: 4.7 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, weighted mean, manufactured products in Mongolia stood at 4.7%.

That represents a change of up 0.2% on the previous year and down 4.3% over ten years.

Over the whole period, tariff rate, applied, weighted mean, manufactured products in Mongolia peaked at 6.8% in 2002 and was at its lowest, 0.0%, in 1999.

That places Mongolia 84th out of 184 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.0% 1
2000s 5.0% 3.7% 6.8% 10
2010s 4.8% 4.7% 4.9% 7
2020s 4.7% 4.7% 4.7% 3

Countries ranked near Mongolia

  1. 81 Paraguay 4.9% compare
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  3. 83 Comoros 4.8% compare
  4. 85 Zambia 4.4% compare
  5. 86 Mozambique 4.4% compare
  6. 87 Libya 4.3% compare

See the full ranking of 185 places →

More private sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is tariff rate, applied, weighted mean, manufactured products in Mongolia?
Tariff rate, applied, weighted mean, manufactured products in Mongolia was 4.7% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Mongolia?
The highest recorded value was 6.8% in 2002.
What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Mongolia?
The lowest recorded value was 0.0% in 1999.
How does Mongolia rank for tariff rate, applied, weighted mean, manufactured products?
Mongolia ranks 84th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, manufactured products rising or falling in Mongolia?
Over the last ten years it is down 4.3%. The long-run trend across the full record is rising.
Where does this Mongolia 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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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.