Burkina Faso BF: Tariff Rate: Applied: Weighted Mean: Primary Products

1993 - 2022 | Yearly | % | World Bank

Burkina Faso BF: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 5.640 % in 2022. This records an increase from the previous number of 5.200 % for 2021. Burkina Faso BF: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 7.760 % from Dec 1993 (Median) to 2022, with 23 observations. The data reached an all-time high of 15.160 % in 2017 and a record low of 5.000 % in 1993. Burkina Faso BF: 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 Burkina Faso – Table BF.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 tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.;;The tariff data for the European Union (EU) apply to EU Member States in alignment with the EU membership for the respective countries/economies and years. In the context of the tariff data, the EU membership for a given country/economy and year is defined for the entire year during which the country/economy was a member of the EU (irrespective of the date of accession to or withdrawal from the EU within a given year). The tariff data for the EU are, thus, applicable to Belgium, France, Germany, Italy, Luxembourg, and the Netherlands (EU Member State(s) since 1958), Denmark and Ireland (EU Member State(s) since 1973), the United Kingdom (EU Member State(s) from 1973 until 2020), Greece (EU Member State(s) since 1981), Spain and Portugal (EU Member State(s) since 1986), Austria, Finland, and Sweden (EU Member State(s) since 1995), Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovakia, and Slovenia (EU Member State(s) since 2004), Romania and Bulgaria (EU Member State(s) since 2007), Croatia (EU Member State(s) since 2013). For more information, please revisit the technical note on bilateral applied tariff (https://wits.worldbank.org/Bilateral-Tariff-Technical-Note.html).

View Burkina Faso's Burkina Faso BF: Tariff Rate: Applied: Weighted Mean: Primary Products from 1993 to 2022 in the chart:

Burkina Faso Burkina Faso BF: Tariff Rate: Applied: Weighted Mean: Primary Products

What was Burkina Faso's Burkina Faso BF: Tariff Rate: Applied: Weighted Mean: Primary Products in 2022?

Last Previous Min Max Unit Frequency Range
5.640 2022 5.200 2021 5.000 1993 15.160 2017 % yearly 1993 - 2022

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Burkina Faso Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 3,411.313 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 1,140.527 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 5.258 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XOF bn) 5,183.536 2029 yearly 1985 - 2029
Forecast: Government Net Debt (XOF bn) 9,025.183 2029 yearly 2002 - 2029
Forecast: Government Revenue (XOF bn) 4,605.984 2029 yearly 1985 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 26.880 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.678 2029 yearly 1980 - 2029

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