Tariff rate, applied, weighted mean, primary products in Cape Verde

Cape Verde: Tariff rate, applied, weighted mean, primary products was 14.7% in 2022. ▲ Rising

Latest (2022)
14.7%
Change on year
down 0.4%
World rank
26th
of 184 countries
All-time high
15.5%
in 2020
All-time low
10.6%
in 2013
Years of data
14
2005–2022

Tariff rate, applied, weighted mean, primary products in Cape Verde, 2005–2022

0510152005201320222005: 14.1 %2006: 13.8 %2007: 12.7 %2008: 12.7 %2009: 12.1 %2010: 12.2 %2011: 10.8 %2012: 11.6 %2013: 10.6 %2015: 11.5 %2019: 12.7 %2020: 15.5 %2021: 14.8 %2022: 14.7 %

Source: Staff estimates. Measured in %.

Analysis

In 2022, tariff rate, applied, weighted mean, primary products in Cape Verde stood at 14.7%.

That represents a change of down 0.4% on the previous year and up 27.5% over ten years.

Over the whole period, tariff rate, applied, weighted mean, primary products in Cape Verde peaked at 15.5% in 2020 and was at its lowest, 10.6%, in 2013.

Cape Verde ranks 26th of 184 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.1% 12.1% 14.1% 5
2010s 11.6% 10.6% 12.7% 6
2020s 15.0% 14.7% 15.5% 3

Countries ranked near Cape Verde

  1. 23 Ghana 15.9% compare
  2. 24 Guinea 15.2% compare
  3. 25 Guinea-Bissau 15.0% compare
  4. 27 Uganda 14.2% compare
  5. 28 Djibouti 14.1% compare
  6. 29 Grenada 14.0% compare

See the full ranking of 185 places →

More private sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is tariff rate, applied, weighted mean, primary products in Cape Verde?
Tariff rate, applied, weighted mean, primary products in Cape Verde was 14.7% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, primary products recorded in Cape Verde?
The highest recorded value was 15.5% in 2020.
What is the lowest tariff rate, applied, weighted mean, primary products recorded in Cape Verde?
The lowest recorded value was 10.6% in 2013.
How does Cape Verde rank for tariff rate, applied, weighted mean, primary products?
Cape Verde ranks 26th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, primary products rising or falling in Cape Verde?
Over the last ten years it is up 27.5%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, primary products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, weighted mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).