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

Nepal: Tariff rate, applied, weighted mean, primary products was 10.8% in 2022. ◆ Volatile

Latest (2022)
10.8%
Change on year
down 4.9%
World rank
40th
of 184 countries
All-time high
917.8%
in 2008
All-time low
8.1%
in 2014
Years of data
24
1993–2022

Tariff rate, applied, weighted mean, primary products in Nepal, 1993–2022

02004006008001.0k1993200720221993: 9.2 %1998: 17.1 %1999: 12 %2000: 13.8 %2002: 9 %2003: 9.4 %2004: 9.5 %2005: 9.3 %2006: 11.6 %2007: 11.6 %2008: 917.8 %2009: 11.2 %2010: 11.1 %2011: 11.1 %2012: 10.9 %2013: 13.8 %2014: 8.1 %2015: 11.3 %2016: 12.3 %2018: 11.1 %2019: 13 %2020: 11.4 %2021: 11.4 %2022: 10.8 %

Source: Staff estimates. Measured in %.

Analysis

Nepal recorded 10.8% for tariff rate, applied, weighted mean, primary products in 2022.

Compared with earlier readings it is down 4.9% on the previous year and down 0.6% over ten years.

Over the whole period, tariff rate, applied, weighted mean, primary products in Nepal peaked at 917.8% in 2008 and was at its lowest, 8.1%, in 2014.

That places Nepal 40th out of 184 countries with data for 2022, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.8% 9.2% 17.1% 3
2000s 111.5% 9.0% 917.8% 9
2010s 11.4% 8.1% 13.8% 9
2020s 11.2% 10.8% 11.4% 3

Countries ranked near Nepal

  1. 37 Venezuela 11.1% compare
  2. 38 Sri Lanka 11.0% compare
  3. 39 South Korea 10.9% compare
  4. 41 Trinidad and Tobago 10.8% compare
  5. 42 Iran 10.6% compare
  6. 43 Suriname 10.4% compare

See the full ranking of 185 places →

More private sector data for Nepal

All data for Nepal →

Frequently asked questions

What is tariff rate, applied, weighted mean, primary products in Nepal?
Tariff rate, applied, weighted mean, primary products in Nepal was 10.8% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, primary products recorded in Nepal?
The highest recorded value was 917.8% in 2008.
What is the lowest tariff rate, applied, weighted mean, primary products recorded in Nepal?
The lowest recorded value was 8.1% in 2014.
How does Nepal rank for tariff rate, applied, weighted mean, primary products?
Nepal ranks 40th out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, primary products rising or falling in Nepal?
Over the last ten years it is down 0.6%. The long-run trend across the full record is volatile.
Where does this Nepal 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).