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Lebanon Tariff Rate

Lebanon's tariff rate rose to 5.08% in 2020, up from 4.97% in 2019, according to World Bank. This represents an increase of 0.11% from the previous year. Lebanon has tariff rate lower than the global median (5.08% vs median 5.90%). Compared with the median in Asia, Lebanon is lower (5.08% vs regional median 5.36%) and ranks 24th out of 45 countries in Asia.

Yearly Historical Data (1999-2020)

(in %)
Year Tariff Rate (%)
2020 5.08%
2019 4.97%
2018 5.01%
2017 3.46%
2016 5.3%
2015 5.86%
2014 5.88%
2007 7.72%
2006 6.35%
2005 8.78%
2004 7.11%
2002 10.28%
2001 8.41%
2000 19.52%
1999 13.94%
Lebanon Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Lebanon on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $4.56B $3.86B 2023
Annual Imports $18.12B $19.5B 2023
Exports (% GDP) 30.55% 34.83% 2023
FDI Inflows (% GDP) 3.26% 2.51% 2023
Imports (% GDP) 73.65% 80.06% 2023
Net Trade (Goods & Services, BoP) -$11.54B -$12.09B 2023
Trade (% GDP) 104.21% 114.89% 2023