Major Countries Tariff Rate Ranking (2022)
In 2022, tariff rate among major countries was highest in Brazil at 13.29%, followed by India at 10.06% and Turkey at 7.48%. The average tariff rate across major countries was 4.22%, the median was 2.71%, and the United Kingdom recorded the lowest tariff rate at 1.13%, according to the World Bank.
Data is available for the period 1988 to 2022 across 20 major countries.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 13.29% | 13.2% | 2022 | |
| 2 | 10.06% | 9.86% | 2022 | |
| 3 | 7.48% | 4.44% | 2022 | |
| 4 | 5.96% | 4.7% | 2022 | |
| 5 | 5.82% | 6.02% | 2022 | |
| 6 | 5.73% | 5% | 2022 | |
| 7 | 5.51% | 5.01% | 2021 | |
| 8 | 5.36% | 5.31% | 2022 | |
| 9 | 2.72% | 2.79% | 2022 | |
| 10 | 2.69% | 3.28% | 2022 | |
| 11 | 2.01% | 1.93% | 2022 | |
| 12 | 1.99% | 2.18% | 2022 | |
| 13 | 1.95% | 2.24% | 2022 | |
| 14 | 1.95% | 2.24% | 2022 | |
| 15 | 1.95% | 2.24% | 2022 | |
| 16 | 1.95% | 2.24% | 2022 | |
| 17 | 1.95% | 2.24% | 2022 | |
| 18 | 1.83% | 2.06% | 2022 | |
| 19 | 1.13% | 1% | 2022 |
Major Countries 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.