Tariff Rate Ranking (2022)
In 2022, tariff rate was highest in the Bahamas at 26.31%, followed by Cayman Islands at 22.79% and Bermuda at 22.29%. The average across countries was 7.40%, the median was 5.90%, and Hong Kong recorded the lowest tariff rate at 0%, according to the World Bank.
Data is available for the period 1988 to 2022 across 185 countries.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 26.31% | 23.66% | 2022 | |
| 2 | 22.79% | 23.03% | 2021 | |
| 3 | 22.29% | 22.24% | 2022 | |
| 4 | 19.97% | 18.65% | 2022 | |
| 5 | 19.34% | 15.99% | 2022 | |
| 6 | 19.2% | 12.91% | 2022 | |
| 7 | 18.85% | 18.56% | 2022 | |
| 8 | 18.83% | 18.65% | 2022 | |
| 9 | 18.55% | 18.16% | 2022 | |
| 10 | 18.49% | 17.83% | 2021 | |
| 11 | 18.44% | 9.56% | 2021 | |
| 12 | 16.27% | 17.59% | 2021 | |
| 13 | 15.83% | 14.12% | 2022 | |
| 14 | 15.22% | 16.18% | 2020 | |
| 15 | 15.12% | 14.66% | 2022 | |
| 16 | 14.43% | 9.57% | 2019 | |
| 17 | 14.31% | 13.59% | 2022 | |
| 18 | 13.97% | 14.02% | 2022 | |
| 19 | 13.64% | 13.1% | 2022 | |
| 20 | 13.61% | 13.74% | 2022 | |
| 21 | 13.6% | 14.09% | 2022 | |
| 22 | 13.55% | 13.23% | 2022 | |
| 23 | 13.29% | 13.2% | 2022 | |
| 24 | 12.96% | 12.84% | 2022 | |
| 25 | 12.92% | 10.55% | 2022 | |
| 26 | 12.91% | 12.53% | 2022 | |
| 27 | 12.9% | 13.14% | 2022 | |
| 28 | 12.89% | 12.57% | 2022 | |
| 29 | 12.85% | 11.33% | 2022 | |
| 30 | 12.76% | 12.03% | 2022 | |
| 31 | 12.75% | 12.88% | 2022 | |
| 32 | 12.74% | 13.05% | 2022 | |
| 33 | 12.72% | 12.13% | 2022 | |
| 34 | 12.63% | 11.29% | 2022 | |
| 35 | 12.49% | 12.17% | 2021 | |
| 36 | 12.39% | 12.39% | 2021 | |
| 37 | 12.31% | 7.72% | 2022 | |
| 38 | 12.22% | 11.43% | 2022 | |
| 39 | 12.02% | 11.87% | 2022 | |
| 40 | 11.95% | 11.9% | 2022 | |
| 41 | 11.92% | 12.93% | 2020 | |
| 42 | 11.9% | 12.7% | 2022 | |
| 43 | 11.9% | 10.11% | 2022 | |
| 44 | 11.87% | 9.53% | 2022 | |
| 45 | 11.87% | 11.9% | 2022 | |
| 46 | 11.59% | 12.03% | 2022 | |
| 47 | 11.57% | 12.02% | 2020 | |
| 48 | 11.5% | 11.66% | 2022 | |
| 49 | 11.47% | 10.84% | 2022 | |
| 50 | 11.44% | 11.33% | 2022 | |
| 51 | 11.3% | 11.32% | 2022 | |
| 52 | 11.2% | 12.83% | 2022 | |
| 53 | 10.97% | 11.65% | 2022 | |
| 54 | 10.74% | 10.48% | 2022 | |
| 55 | 10.6% | 10.44% | 2022 | |
| 56 | 10.36% | 10.43% | 2020 | |
| 57 | 10.06% | 9.86% | 2022 | |
| 58 | 10.03% | 8.53% | 2022 | |
| 59 | 10.03% | 14.3% | 2020 | |
| 60 | 10% | 9.81% | 2019 | |
| 61 | 9.98% | 10.92% | 2021 | |
| 62 | 9.91% | 10.15% | 2022 | |
| 63 | 9.9% | 9.88% | 2022 | |
| 64 | 9.84% | 9.53% | 2022 | |
| 65 | 9.83% | 9.83% | 2022 | |
| 66 | 9.73% | 10.43% | 2022 | |
| 67 | 9.72% | 8.95% | 2022 | |
| 68 | 9.72% | 9.78% | 2022 | |
| 69 | 9.48% | 9.46% | 2021 | |
| 70 | 9.16% | 9.28% | 2022 | |
| 71 | 9.02% | 10.42% | 2022 | |
| 72 | 8.98% | 15.16% | 2020 | |
| 73 | 8.93% | 8.71% | 2020 | |
| 74 | 8.89% | 9.26% | 2022 | |
| 75 | 8.84% | 8.94% | 2021 | |
| 76 | 8.8% | 8.5% | 2017 | |
| 77 | 8.38% | 6.95% | 2018 | |
| 78 | 8.27% | 8.11% | 2022 | |
| 79 | 8.26% | 8.48% | 2022 | |
| 80 | 8.25% | 7.79% | 2022 | |
| 81 | 7.84% | 14.97% | 2021 | |
| 82 | 7.82% | 7.7% | 2022 | |
| 83 | 7.62% | 6.88% | 2021 | |
| 84 | 7.48% | 4.44% | 2022 | |
| 85 | 7.31% | 7.16% | 2022 | |
| 86 | 7.09% | 6.73% | 2022 | |
| 87 | 6.8% | 6.78% | 2021 | |
| 88 | 6.77% | 4.06% | 2022 | |
| 89 | 6.66% | 6.21% | 2021 | |
| 90 | 6.39% | 6.33% | 2020 | |
| 91 | 5.96% | 4.7% | 2022 | |
| 92 | 5.93% | 5.99% | 2022 | |
| 93 | 5.87% | 5.04% | 2021 | |
| 94 | 5.82% | 6.02% | 2022 | |
| 95 | 5.76% | 5.47% | 2017 | |
| 96 | 5.73% | 4.33% | 2021 | |
| 97 | 5.73% | 5% | 2022 | |
| 98 | 5.73% | 8.84% | 2021 | |
| 99 | 5.7% | 4.81% | 2021 | |
| 100 | 5.65% | 5.15% | 2021 | |
| 101 | 5.59% | 5.23% | 2022 | |
| 102 | 5.51% | 5.01% | 2021 | |
| 103 | 5.43% | 5.61% | 2022 | |
| 104 | 5.36% | 5.31% | 2022 | |
| 105 | 5.08% | 4.97% | 2020 | |
| 106 | 5.04% | 5.04% | 2022 | |
| 107 | 4.75% | 4.48% | 2022 | |
| 108 | 4.74% | 7.18% | 2022 | |
| 109 | 4.64% | 3.86% | 2022 | |
| 110 | 4.48% | 5.53% | 2022 | |
| 111 | 4.46% | 4.84% | 2021 | |
| 112 | 4.39% | 3.85% | 2021 | |
| 113 | 4.34% | 4.57% | 2021 | |
| 114 | 4.19% | 6.01% | 2022 | |
| 115 | 4.11% | 4.19% | 2021 | |
| 116 | 3.98% | 3.95% | 2022 | |
| 117 | 3.94% | 4.01% | 2022 | |
| 118 | 3.71% | 4.22% | 2022 | |
| 119 | 3.65% | 3.6% | 2022 | |
| 120 | 3.65% | 3.46% | 2022 | |
| 121 | 3.55% | 3.19% | 2022 | |
| 122 | 3.39% | 3.16% | 2022 | |
| 123 | 3.18% | 3.12% | 2022 | |
| 124 | 3.16% | 3.23% | 2022 | |
| 125 | 3.16% | 4.13% | 2022 | |
| 126 | 3.12% | 3% | 2022 | |
| 127 | 3.09% | 3.28% | 2022 | |
| 128 | 3.08% | 2.76% | 2021 | |
| 129 | 2.98% | 3.07% | 2022 | |
| 130 | 2.98% | 3.04% | 2022 | |
| 131 | 2.72% | 2.79% | 2022 | |
| 132 | 2.69% | 3.28% | 2022 | |
| 133 | 2.63% | 2.77% | 2022 | |
| 134 | 2.57% | 3.49% | 2022 | |
| 135 | 2.5% | 2.5% | 2021 | |
| 136 | 2.49% | 2.49% | 2022 | |
| 137 | 2.37% | 2.34% | 2022 | |
| 138 | 2.27% | 1.91% | 2022 | |
| 139 | 2.09% | 2.16% | 2022 | |
| 140 | 2.01% | 1.93% | 2022 | |
| 141 | 1.99% | 2.18% | 2022 | |
| 142 | 1.95% | 2.24% | 2022 | |
| 143 | 1.95% | 2.24% | 2022 | |
| 144 | 1.95% | 2.24% | 2022 | |
| 145 | 1.95% | 2.24% | 2022 | |
| 146 | 1.95% | 2.24% | 2022 | |
| 147 | 1.95% | 2.24% | 2022 | |
| 148 | 1.95% | 2.24% | 2022 | |
| 149 | 1.95% | 2.24% | 2022 | |
| 150 | 1.95% | 2.24% | 2022 | |
| 151 | 1.95% | 2.24% | 2022 | |
| 152 | 1.95% | 2.24% | 2022 | |
| 153 | 1.95% | 2.24% | 2022 | |
| 154 | 1.95% | 2.24% | 2022 | |
| 155 | 1.95% | 2.24% | 2022 | |
| 156 | 1.95% | 2.24% | 2022 | |
| 157 | 1.95% | 2.24% | 2022 | |
| 158 | 1.95% | 2.24% | 2022 | |
| 159 | 1.95% | 2.24% | 2022 | |
| 160 | 1.95% | 2.24% | 2022 | |
| 161 | 1.95% | 2.24% | 2022 | |
| 162 | 1.95% | 2.24% | 2022 | |
| 163 | 1.95% | 2.24% | 2022 | |
| 164 | 1.95% | 2.24% | 2022 | |
| 165 | 1.95% | 2.24% | 2022 | |
| 166 | 1.95% | 2.24% | 2022 | |
| 167 | 1.95% | 2.24% | 2022 | |
| 168 | 1.91% | 1.75% | 2022 | |
| 169 | 1.88% | 1.97% | 2022 | |
| 170 | 1.86% | 2.45% | 2017 | |
| 171 | 1.83% | 2.06% | 2022 | |
| 172 | 1.63% | 3.36% | 2022 | |
| 173 | 1.32% | 1.53% | 2022 | |
| 174 | 1.13% | 1% | 2022 | |
| 175 | 1.1% | 1.08% | 2022 | |
| 176 | 1.07% | 1.16% | 2022 | |
| 177 | 1.03% | 1.07% | 2022 | |
| 178 | 0.57% | 1.61% | 2022 | |
| 179 | 0.4% | 0.43% | 2022 | |
| 180 | 0.18% | 0.12% | 2022 | |
| 181 | 0.05% | 0.08% | 2022 | |
| 182 | 0% | 0% | 2022 | |
| 183 | 0% | 0% | 2022 | |
| 184 | 0% | 0% | 2021 |
Tariff Rate Ranking (2022) : Definition
Tariff Rate measures the simple average of applied ad valorem tariff rates across all products in the given year, reported as a percentage.