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

Liberia: Tariff rate, applied, weighted mean, primary products was 19.1% in 2022. ▲ Rising

Latest (2022)
19.1%
Change on year
up 7.5%
World rank
14th
of 184 countries
All-time high
19.1%
in 2022
All-time low
8.4%
in 2014
Years of data
7
2012–2022

Tariff rate, applied, weighted mean, primary products in Liberia, 2012–2022

051015202012201720222012: 9 %2013: 8.4 %2014: 8.4 %2018: 8.9 %2020: 17.8 %2021: 17.8 %2022: 19.1 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, weighted mean, primary products in Liberia is 19.1%, measured in 2022. That is the highest value across all 7 years on record.

Compared with earlier readings it is up 7.5% on the previous year and up 112.1% over ten years.

Over the whole period, tariff rate, applied, weighted mean, primary products in Liberia peaked at 19.1% in 2022 and was at its lowest, 8.4%, in 2014.

That places Liberia 14th out of 184 countries with data for 2022, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.7% 8.4% 9.0% 4
2020s 18.2% 17.8% 19.1% 3

Countries ranked near Liberia

  1. 11 Cameroon 19.9% compare
  2. 12 Egypt 19.5% compare
  3. 13 Gabon 19.3% compare
  4. 15 Congo 18.8% compare
  5. 16 Gambia 18.1% compare
  6. 17 Sierra Leone 17.7% compare

See the full ranking of 185 places →

More private sector data for Liberia

All data for Liberia →

Frequently asked questions

What is tariff rate, applied, weighted mean, primary products in Liberia?
Tariff rate, applied, weighted mean, primary products in Liberia was 19.1% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, primary products recorded in Liberia?
The highest recorded value was 19.1% in 2022.
What is the lowest tariff rate, applied, weighted mean, primary products recorded in Liberia?
The lowest recorded value was 8.4% in 2014.
How does Liberia rank for tariff rate, applied, weighted mean, primary products?
Liberia ranks 14th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, primary products rising or falling in Liberia?
Over the last ten years it is up 112.1%. The long-run trend across the full record is rising.
Where does this Liberia 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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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).