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Switzerland Tariff Rate

Switzerland's tariff rate fell to 3.16% in 2022, down from 4.13% in 2021, according to World Bank. This represents a decrease of 0.97% from the previous year. Switzerland has tariff rate lower than the global median (3.16% vs median 5.90%). Compared with the median in Europe, Switzerland is higher (3.16% vs regional median 1.95%) and ranks 6th out of 40 countries in Europe.

Yearly Historical Data (1990-2022)

(in %)
Year Tariff Rate (%)
2022 3.16%
2021 4.13%
2020 3.96%
2019 5.41%
2018 4.67%
2017 4.8%
2016 3.93%
2015 3.67%
2014 3.71%
2013 3.68%
2012 4.53%
2011 3.8%
2010 3.07%
2009 3.48%
2008 3.5%
2007 3.83%
2006 5.88%
2005 4.72%
2004 4.15%
2003 5.1%
2002 4.52%
2001 5.02%
2000 4.43%
1999 4.33%
1998 4.53%
1997 4.93%
1996 5.94%
1995 11.92%
1993 6.72%
1990 6.06%
Switzerland Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Switzerland on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $446.84B $419.92B 2024
Annual Imports $371.36B $365.37B 2024
Balance of Trade CHF 2.8B CHF 3.8B Sep'25
Exports CHF 22.8B CHF 22B Sep'25
Exports (% GDP) 72.16% 73.33% 2024
FDI Inflows (% GDP) -11.96% -9.94% 2024
Imports CHF 19.9B CHF 18.2B Sep'25
Imports (% GDP) 61.94% 61.99% 2024
Net Trade (Goods & Services, BoP) $92.5B $97.82B 2024
Trade (% GDP) 134.1% 135.32% 2024