Tariff rate, applied, weighted mean, primary products in Solomon Islands

Solomon Islands: Tariff rate, applied, weighted mean, primary products was 48.8% in 2022. ▲ Rising

Latest (2022)
48.8%
Change on year
up 101.6%
World rank
1st
of 184 countries
All-time high
63.7%
in 2018
All-time low
17.1%
in 2008
Years of data
9
2008–2022

Tariff rate, applied, weighted mean, primary products in Solomon Islands, 2008–2022

20304050602008201520222008: 17.1 %2015: 60.3 %2016: 21.9 %2017: 33.6 %2018: 63.7 %2019: 34.3 %2020: 17.2 %2021: 24.2 %2022: 48.8 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, weighted mean, primary products in Solomon Islands is 48.8%, measured in 2022.

Compared with earlier readings it is up 101.6% on the previous year and down 19.0% over ten years.

Over the whole period, tariff rate, applied, weighted mean, primary products in Solomon Islands peaked at 63.7% in 2018 and was at its lowest, 17.1%, in 2008.

Solomon Islands ranks 1st of 184 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.1% 17.1% 17.1% 1
2010s 42.7% 21.9% 63.7% 5
2020s 30.1% 17.2% 48.8% 3

Countries ranked near Solomon Islands

  1. 2 Bermuda 45.1% compare
  2. 3 Belize 38.6% compare
  3. 4 Rwanda 24.1% compare

See the full ranking of 185 places →

More private sector data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is tariff rate, applied, weighted mean, primary products in Solomon Islands?
Tariff rate, applied, weighted mean, primary products in Solomon Islands was 48.8% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, primary products recorded in Solomon Islands?
The highest recorded value was 63.7% in 2018.
What is the lowest tariff rate, applied, weighted mean, primary products recorded in Solomon Islands?
The lowest recorded value was 17.1% in 2008.
How does Solomon Islands rank for tariff rate, applied, weighted mean, primary products?
Solomon Islands ranks 1st out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, primary products rising or falling in Solomon Islands?
Over the last ten years it is down 19.0%. The long-run trend across the full record is rising.
Where does this Solomon Islands 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).