Barbados Trade Tariffs
BB: Binding Coverage: All Products
BB: Binding Coverage: All Products data was reported at 95.840 % in 2021. This records a decrease from the previous number of 95.860 % for 2020. BB: Binding Coverage: All Products data is updated yearly, averaging 97.800 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 97.930 % in 2004 and a record low of 95.840 % in 2021. BB: Binding Coverage: 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. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;
| Last | Frequency | Range |
|---|---|---|
| 95.840 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Binding Coverage: All Products from 1996 to 2021 in the chart:
BB: Binding Coverage: Manufactured Products
BB: Binding Coverage: Manufactured Products data was reported at 100.000 % in 2021. This stayed constant from the previous number of 100.000 % for 2020. BB: Binding Coverage: Manufactured Products data is updated yearly, averaging 100.000 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 100.000 % in 2021 and a record low of 99.510 % in 1996. BB: Binding Coverage: Manufactured 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. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;
| Last | Frequency | Range |
|---|---|---|
| 100.000 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Binding Coverage: Manufactured Products from 1996 to 2021 in the chart:
BB: Binding Coverage: Primary Products
BB: Binding Coverage: Primary Products data was reported at 83.780 % in 2021. This records a decrease from the previous number of 83.830 % for 2020. BB: Binding Coverage: Primary Products data is updated yearly, averaging 90.420 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 90.760 % in 2004 and a record low of 83.780 % in 2021. BB: Binding Coverage: Primary 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. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;
| Last | Frequency | Range |
|---|---|---|
| 83.780 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Binding Coverage: Primary Products from 1996 to 2021 in the chart:
BB: Bound Rate: Simple Mean: All Products
BB: Bound Rate: Simple Mean: All Products data was reported at 78.930 % in 2021. This stayed constant from the previous number of 78.930 % for 2020. BB: Bound Rate: Simple Mean: All Products data is updated yearly, averaging 78.180 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 78.930 % in 2021 and a record low of 78.010 % in 1996. BB: Bound Rate: Simple 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. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;
| Last | Frequency | Range |
|---|---|---|
| 78.930 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Bound Rate: Simple Mean: All Products from 1996 to 2021 in the chart:
BB: Bound Rate: Simple Mean: Manufactured Products
BB: Bound Rate: Simple Mean: Manufactured Products data was reported at 73.470 % in 2021. This stayed constant from the previous number of 73.470 % for 2020. BB: Bound Rate: Simple Mean: Manufactured Products data is updated yearly, averaging 73.430 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 73.470 % in 2021 and a record low of 73.330 % in 1996. BB: Bound Rate: Simple Mean: Manufactured 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. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;
| Last | Frequency | Range |
|---|---|---|
| 73.470 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Bound Rate: Simple Mean: Manufactured Products from 1996 to 2021 in the chart:
BB: Bound Rate: Simple Mean: Primary Products
BB: Bound Rate: Simple Mean: Primary Products data was reported at 97.170 % in 2021. This records a decrease from the previous number of 97.190 % for 2020. BB: Bound Rate: Simple Mean: Primary Products data is updated yearly, averaging 95.850 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 97.190 % in 2020 and a record low of 95.250 % in 1996. BB: Bound Rate: Simple Mean: Primary 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. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;
| Last | Frequency | Range |
|---|---|---|
| 97.170 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Bound Rate: Simple Mean: Primary Products from 1996 to 2021 in the chart:
BB: Share of Tariff Lines with International Peaks: All Products
BB: Share of Tariff Lines with International Peaks: All Products data was reported at 29.066 % in 2021. This records a decrease from the previous number of 30.966 % for 2020. BB: Share of Tariff Lines with International Peaks: All Products data is updated yearly, averaging 42.581 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 46.806 % in 2013 and a record low of 29.066 % in 2021. BB: Share of Tariff Lines with International Peaks: 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. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 29.066 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Share of Tariff Lines with International Peaks: All Products from 1996 to 2021 in the chart:
BB: Share of Tariff Lines with International Peaks: Manufactured Products
BB: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 26.704 % in 2021. This records a decrease from the previous number of 28.340 % for 2020. BB: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 39.934 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 44.193 % in 2013 and a record low of 26.704 % in 2021. BB: Share of Tariff Lines with International Peaks: Manufactured 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. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 26.704 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Share of Tariff Lines with International Peaks: Manufactured Products from 1996 to 2021 in the chart:
BB: Share of Tariff Lines with International Peaks: Primary Products
BB: Share of Tariff Lines with International Peaks: Primary Products data was reported at 39.021 % in 2021. This records a decrease from the previous number of 41.664 % for 2020. BB: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 53.626 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 64.627 % in 2003 and a record low of 39.021 % in 2021. BB: Share of Tariff Lines with International Peaks: Primary 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. Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 39.021 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Share of Tariff Lines with International Peaks: Primary Products from 1996 to 2021 in the chart:
BB: Share of Tariff Lines with Specific Rates: All Products
BB: Share of Tariff Lines with Specific Rates: All Products data was reported at 0.000 % in 2021. This stayed constant from the previous number of 0.000 % for 2020. BB: Share of Tariff Lines with Specific Rates: All Products data is updated yearly, averaging 0.955 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 39.517 % in 1999 and a record low of 0.000 % in 2021. BB: Share of Tariff Lines with Specific Rates: 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. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Share of Tariff Lines with Specific Rates: All Products from 1996 to 2021 in the chart:
BB: Share of Tariff Lines with Specific Rates: Manufactured Products
BB: Share of Tariff Lines with Specific Rates: Manufactured Products data was reported at 0.000 % in 2021. This stayed constant from the previous number of 0.000 % for 2020. BB: Share of Tariff Lines with Specific Rates: Manufactured Products data is updated yearly, averaging 0.250 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 42.437 % in 1999 and a record low of 0.000 % in 2021. BB: Share of Tariff Lines with Specific Rates: Manufactured 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. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Share of Tariff Lines with Specific Rates: Manufactured Products from 1996 to 2021 in the chart:
BB: Share of Tariff Lines with Specific Rates: Primary Products
BB: Share of Tariff Lines with Specific Rates: Primary Products data was reported at 0.000 % in 2021. This stayed constant from the previous number of 0.000 % for 2020. BB: Share of Tariff Lines with Specific Rates: Primary Products data is updated yearly, averaging 3.576 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 27.463 % in 2000 and a record low of 0.000 % in 2021. BB: Share of Tariff Lines with Specific Rates: Primary 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. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Share of Tariff Lines with Specific Rates: Primary Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Applied: Simple Mean: All Products
BB: Tariff Rate: Applied: Simple Mean: All Products data was reported at 9.530 % in 2021. This records a decrease from the previous number of 10.180 % for 2020. BB: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 15.130 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 24.210 % in 1996 and a record low of 9.530 % in 2021. BB: Tariff Rate: Applied: Simple 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. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 9.530 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Applied: Simple Mean: All Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Applied: Simple Mean: Manufactured Products
BB: Tariff Rate: Applied: Simple Mean: Manufactured Products data was reported at 8.050 % in 2021. This records a decrease from the previous number of 8.730 % for 2020. BB: Tariff Rate: Applied: Simple Mean: Manufactured Products data is updated yearly, averaging 12.970 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 22.050 % in 1996 and a record low of 8.050 % in 2021. BB: Tariff Rate: Applied: Simple Mean: Manufactured 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. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 8.050 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Applied: Simple Mean: Manufactured Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Applied: Simple Mean: Primary Products
BB: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 18.980 % in 2021. This records a decrease from the previous number of 19.210 % for 2020. BB: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 26.360 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 37.390 % in 2001 and a record low of 17.400 % in 2012. BB: Tariff Rate: Applied: Simple Mean: Primary 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. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 18.980 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Applied: Simple Mean: Primary Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Applied: Weighted Mean: All Products
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. 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. 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.;;
| Last | Frequency | Range |
|---|---|---|
| 12.240 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Applied: Weighted Mean: All Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Applied: Weighted Mean: Manufactured Products
BB: Tariff Rate: Applied: Weighted Mean: Manufactured Products data was reported at 8.620 % in 2021. This records an increase from the previous number of 8.390 % for 2020. BB: Tariff Rate: Applied: Weighted Mean: Manufactured Products data is updated yearly, averaging 13.900 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 25.580 % in 1996 and a record low of 8.390 % in 2020. BB: Tariff Rate: Applied: Weighted Mean: Manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 8.620 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Applied: Weighted Mean: Manufactured Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Applied: Weighted Mean: Primary Products
BB: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 20.180 % in 2021. This records an increase from the previous number of 19.330 % for 2020. BB: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 20.180 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 42.770 % in 2003 and a record low of 7.600 % in 2012. BB: Tariff Rate: Applied: Weighted Mean: Primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 20.180 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Applied: Weighted Mean: Primary Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Most Favored Nation: Simple Mean: All Products
BB: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 11.910 % in 2021. This records a decrease from the previous number of 11.920 % for 2020. BB: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 13.750 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 24.250 % in 1996 and a record low of 10.900 % in 2011. BB: Tariff Rate: Most Favored Nation: Simple 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. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 11.910 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Most Favored Nation: Simple Mean: All Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products
BB: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data was reported at 8.440 % in 2021. This records a decrease from the previous number of 8.450 % for 2020. BB: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data is updated yearly, averaging 10.260 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 23.170 % in 1996 and a record low of 8.440 % in 2021. BB: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured 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. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 8.440 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products
BB: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 21.690 % in 2021. This records a decrease from the previous number of 21.710 % for 2020. BB: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 22.830 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 26.940 % in 2001 and a record low of 15.390 % in 2011. BB: Tariff Rate: Most Favored Nation: Simple Mean: Primary 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. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 21.690 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products
BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 15.620 % in 2021. This records an increase from the previous number of 15.570 % for 2020. BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 19.230 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 23.640 % in 1996 and a record low of 8.690 % in 2012. BB: Tariff Rate: Most Favored Nation: 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 most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 15.620 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products
BB: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 9.990 % in 2021. This records an increase from the previous number of 9.670 % for 2020. BB: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 14.350 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 27.330 % in 1996 and a record low of 9.670 % in 2020. BB: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured 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 most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;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.;;
| Last | Frequency | Range |
|---|---|---|
| 9.990 2021 | yearly | 1996 - 2021 |
View Barbados's BB: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products from 1996 to 2021 in the chart:
BB: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
BB: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data was reported at 27.990 % in 2021. This records a decrease from the previous number of 28.500 % for 2020. BB: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data is updated yearly, averaging 23.330 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 42.770 % in 2003 and a record low of 7.870 % in 2012. BB: Tariff Rate: Most Favored Nation: Weighted Mean: Primary 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 most favored nations tariff is the average of most favored nation 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. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).;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.;;
| Last | Frequency | Range |
|---|---|---|
| 27.990 2021 | yearly | 1996 - 2021 |