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United Kingdom Tariff Rate

The United Kingdom's tariff rate rose to 1.13% in 2022, up from 1% in 2021, according to World Bank. This represents an increase of 0.13% from the previous year. The United Kingdom has the 11th lowest tariff rate. Within Europe, it ranks 39th out of 40 countries.

Yearly Historical Data (2000-2022)

(in %)
Year Tariff Rate (%)
2022 1.13%
2021 1%
2020 1.88%
2019 2.55%
2018 2.46%
2017 2.48%
2016 2.48%
2015 2.73%
2014 2.76%
2013 2.21%
2012 2.28%
2011 2.3%
2010 2.78%
2009 2.44%
2008 2.37%
2007 2.53%
2006 2.75%
2005 2.68%
2004 2.64%
2003 2.54%
2002 2.57%
2001 4.26%
2000 3.3%
United Kingdom Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by United Kingdom on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $508.69B $521.21B 2024
Annual Imports $809.21B $791.66B 2024
Balance of Trade -£3.4B -£3B Aug'25
Exports £77.4B £78.4B Aug'25
Exports (% GDP) 30.64% 31.98% 2024
FDI Inflows (% GDP) 0.1% 0.41% 2024
Imports £80.8B £81.4B Aug'25
Imports (% GDP) 31.77% 33.05% 2024
Net Trade (Goods & Services, BoP) -$41.22B -$36.25B 2024
Trade (% GDP) 62.41% 65.03% 2024