Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products

Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 12.240 % in 2021. This records an increase from the previous number of 11.820 % for 2020. Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 15.480 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 22.930 % in 1996 and a record low of 8.420 % in 2012. Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.;World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.;;

View Barbados's Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products from 1996 to 2021 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Barbados's Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products in 2021?

Related Indicators for Barbados BB: Tariff Rate: Applied: Weighted Mean: All Products

Barbados Key Series

More Indicators for Barbados