Asia Tariff Rate Ranking (2022)
In 2020, tariff rate in Asia was highest in Iran at 15.22%, followed by Nepal at 13.64% and Bangladesh at 12.89%. The average tariff rate across countries in Asia was 5.60%, the median was 5.36%, 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 45 countries in Asia.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 15.22% | 16.18% | 2020 | |
| 2 | 13.64% | 13.1% | 2022 | |
| 3 | 12.89% | 12.57% | 2022 | |
| 4 | 12.31% | 7.72% | 2022 | |
| 5 | 10.97% | 11.65% | 2022 | |
| 6 | 10.06% | 9.86% | 2022 | |
| 7 | 9.73% | 10.43% | 2022 | |
| 8 | 8.98% | 15.16% | 2020 | |
| 9 | 8.89% | 9.26% | 2022 | |
| 10 | 8.38% | 6.95% | 2018 | |
| 11 | 8.26% | 8.48% | 2022 | |
| 12 | 6.77% | 4.06% | 2022 | |
| 13 | 6.66% | 6.21% | 2021 | |
| 14 | 5.96% | 4.7% | 2022 | |
| 15 | 5.87% | 5.04% | 2021 | |
| 16 | 5.82% | 6.02% | 2022 | |
| 17 | 5.76% | 5.47% | 2017 | |
| 18 | 5.73% | 5% | 2022 | |
| 19 | 5.73% | 8.84% | 2021 | |
| 20 | 5.7% | 4.81% | 2021 | |
| 21 | 5.59% | 5.23% | 2022 | |
| 22 | 5.43% | 5.61% | 2022 | |
| 23 | 5.36% | 5.31% | 2022 | |
| 24 | 5.08% | 4.97% | 2020 | |
| 25 | 5.04% | 5.04% | 2022 | |
| 26 | 4.75% | 4.48% | 2022 | |
| 27 | 4.64% | 3.86% | 2022 | |
| 28 | 4.39% | 3.85% | 2021 | |
| 29 | 4.11% | 4.19% | 2021 | |
| 30 | 3.98% | 3.95% | 2022 | |
| 31 | 3.94% | 4.01% | 2022 | |
| 32 | 3.71% | 4.22% | 2022 | |
| 33 | 3.65% | 3.6% | 2022 | |
| 34 | 3.18% | 3.12% | 2022 | |
| 35 | 3.16% | 3.23% | 2022 | |
| 36 | 2.98% | 3.07% | 2022 | |
| 37 | 2.5% | 2.5% | 2021 | |
| 38 | 2.49% | 2.49% | 2022 | |
| 39 | 1.99% | 2.18% | 2022 | |
| 40 | 1.86% | 2.45% | 2017 | |
| 41 | 0.4% | 0.43% | 2022 | |
| 42 | 0.18% | 0.12% | 2022 | |
| 43 | 0.05% | 0.08% | 2022 | |
| 44 | 0% | 0% | 2022 | |
| 45 | 0% | 0% | 2022 |
Asia 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.