Tariff rate, applied, weighted mean, primary products in Honduras

Honduras: Tariff rate, applied, weighted mean, primary products was 3.3% in 2022. ▼ Falling

Latest (2022)
3.3%
Change on year
down 1.2%
World rank
110th
of 184 countries
All-time high
12.9%
in 1995
All-time low
2.7%
in 2015
Years of data
24
1995–2022

Tariff rate, applied, weighted mean, primary products in Honduras, 1995–2022

2.557.51012.51995200820221995: 12.9 %1996: 11.2 %1997: 12.8 %1998: 11.7 %1999: 11.8 %2000: 11 %2001: 12.4 %2002: 10.3 %2003: 10.3 %2004: 7.9 %2005: 7 %2006: 6.7 %2007: 5.4 %2008: 3.9 %2009: 8.7 %2010: 8.2 %2011: 7.9 %2012: 7.8 %2013: 6.5 %2015: 2.7 %2018: 4.3 %2020: 3.6 %2021: 3.4 %2022: 3.3 %

Source: Staff estimates. Measured in %.

Analysis

Honduras recorded 3.3% for tariff rate, applied, weighted mean, primary products in 2022.

That represents a change of down 1.2% on the previous year and down 57.3% over ten years.

Over the whole period, tariff rate, applied, weighted mean, primary products in Honduras peaked at 12.9% in 1995 and was at its lowest, 2.7%, in 2015.

That places Honduras 110th out of 184 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.1% 11.2% 12.9% 5
2000s 8.4% 3.9% 12.4% 10
2010s 6.2% 2.7% 8.2% 6
2020s 3.4% 3.3% 3.6% 3

Countries ranked near Honduras

  1. 107 French Polynesia 3.4% compare
  2. 108 Qatar 3.4% compare
  3. 109 Costa Rica 3.3% compare
  4. 111 Bolivia 3.3% compare
  5. 112 Namibia 3.0% compare
  6. 113 Malaysia 3.0% compare

See the full ranking of 185 places →

More private sector data for Honduras

All data for Honduras →

Frequently asked questions

What is tariff rate, applied, weighted mean, primary products in Honduras?
Tariff rate, applied, weighted mean, primary products in Honduras was 3.3% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, primary products recorded in Honduras?
The highest recorded value was 12.9% in 1995.
What is the lowest tariff rate, applied, weighted mean, primary products recorded in Honduras?
The lowest recorded value was 2.7% in 2015.
How does Honduras rank for tariff rate, applied, weighted mean, primary products?
Honduras ranks 110th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, primary products rising or falling in Honduras?
Over the last ten years it is down 57.3%. The long-run trend across the full record is falling.
Where does this Honduras 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 — 24 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).