Barbados BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

1996 - 2021 | Yearly | % | World Bank

Barbados 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. Barbados 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. Barbados 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.;;

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

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Barbados Barbados BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products
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Barbados Barbados BB: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

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

Last Previous Min Max Unit Frequency Range
15.620 2021 15.570 2020 8.690 2012 23.640 1996 % yearly 1996 - 2021

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Barbados Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 22,233.861 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 26,056.630 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 1.840 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (BBD bn) 4.732 2030 yearly 1995 - 2030
Forecast: Government Net Debt (BBD bn) 14.552 2030 yearly 1995 - 2030
Forecast: Government Revenue (BBD bn) 4.848 2030 yearly 1995 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.294 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 7.677 2029 yearly 1981 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.427 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.445 2029 yearly 1980 - 2029

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