Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products

2001 - 2021 | Yearly | % | World Bank

Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 23.240 % in 2021. This records a decrease from the previous number of 23.320 % for 2020. Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 18.280 % from Dec 2001 (Median) to 2021, with 17 observations. The data reached an all-time high of 28.090 % in 2019 and a record low of 17.390 % in 2014. Bermuda BM: 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 Bermuda – Table BM.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.;;

View Bermuda's Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products from 2001 to 2021 in the chart:

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Bermuda Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products

What was Bermuda's Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products in 2021?

Last	Previous	Min	Max	Unit	Frequency	Range
23.240 2021	23.320 2020	17.390 2014	28.090 2019	%	yearly	2001 - 2021

Related Indicators for Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products

Related indicators	Last	Frequency	Range
Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: All Products (%)	23.240 2021	yearly	2001 - 2021
Bermuda BM: Share of Tariff Lines with International Peaks: Manufactured Product... (%)	65.849 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Simple Mean: Manufactured Products (%)	19.950 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products (%)	21.510 2021	yearly	2001 - 2021
Bermuda BM: Share of Tariff Lines with Specific Rates: Manufactured Products (%)	0.277 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products (%)	20.810 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Produc... (%)	20.810 2021	yearly	2007 - 2021
Bermuda BM: Share of Tariff Lines with International Peaks: All Products (%)	58.812 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Simple Mean: All Products (%)	22.240 2021	yearly	2007 - 2021
Bermuda BM: Share of Tariff Lines with Specific Rates: All Products (%)	0.279 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Weighted Mean: All Products (%)	23.840 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products (%)	23.840 2021	yearly	2007 - 2021
Bermuda BM: Share of Tariff Lines with International Peaks: Primary Products (%)	28.862 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Simple Mean: Primary Products (%)	32.330 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products (%)	28.320 2021	yearly	2001 - 2021
Bermuda BM: Share of Tariff Lines with Specific Rates: Primary Products (%)	0.291 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Weighted Mean: Primary Products (%)	30.580 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products (%)	30.580 2021	yearly	2007 - 2021

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Bermuda Key Series

Foreign Trade	Last	Frequency	Range
Aluminum: Exports (USD th)	15.809 2023	yearly	1996 - 2023
Exports: Medicament (USD th)	248.426 2023	yearly	1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th)	246.744 2023	yearly	1995 - 2023
Imports: Medicament (USD th)	29,585.092 2023	yearly	1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th)	8,265.528 2023	yearly	1995 - 2023

Transport and Telecommunications	Last	Frequency	Range
Exports: ICT Goods (USD th)	838.828 2022	yearly	2012 - 2022
Exports: Telecommunication Equipment (USD th)	48.680 2023	yearly	1995 - 2023
Exports: Television (USD th)	5.716 2023	yearly	1996 - 2023
Imports: ICT Goods (USD th)	28,613.252 2022	yearly	2010 - 2022
Imports: Telecommunication Equipment (USD th)	10,729.067 2023	yearly	1995 - 2023
Imports: Television (USD th)	2,702.375 2023	yearly	1995 - 2023
Liner Shipping Connectivity Index (2004=100)	1.520 2018	yearly	2004 - 2018
Registered Motor Vehicles (Unit th)	24.000 2015	yearly	2005 - 2015
Number of Subscriber Mobile (Person)	68,000.000 2021	yearly	1960 - 2021
Teledensity: Mobile (Number)	105.944 2021	yearly	1960 - 2021

More Indicators for Bermuda

Indicators	Last	Frequency	Range
Bermuda BM: Government Expenditure per Student: Secondary: % of(GDP) Gross Domes... (%)	11.929 2015	yearly	2004 - 2015
Bermuda BM: Government Expenditure per Student: Tertiary: % of(GDP) Gross Domest... (%)	23.922 2017	yearly	2010 - 2017
Bermuda BM: Government Expenditure on Education: Total: % of Government Expendit... (%)	7.773 2017	yearly	2003 - 2017
Bermuda BM: Government Expenditure on Education: Total: % of GDP (%)	1.934 2023	yearly	1973 - 2023
Bermuda BM: Tuberculosis Treatment Success Rate: % of New Cases (%)	100.000 2021	yearly	2009 - 2021
Bermuda BM: Tuberculosis Case Detection Rate: All Forms (%)	87.000 2021	yearly	2004 - 2021
Bermuda BM: Incidence of Tuberculosis: per 100,000 People (Ratio)	1.800 2022	yearly	2000 - 2022
Bermuda BM: Share of Women Employed in the Nonagricultural Sector: % of Total No... (%)	55.40 2012	yearly	1990 - 2012
Bermuda BM: International Migrant Stock: Total (Person)	19,126.000 2015	yearly	1960 - 2015
Bermuda BM: International Migrant Stock: % of Population (%)	30.846 2015	yearly	1990 - 2015
Bermuda BM: Prevalence of Undernourishment: % of Population (%)	12.800 2015	yearly	2000 - 2015
Bermuda BM: Birth Rate: Crude: per 1000 People (Ratio)	7.500 2022	yearly	1960 - 2022
Bermuda BM: Death Rate: Crude: per 1000 People (Ratio)	9.100 2022	yearly	1960 - 2022
Bermuda BM: Life Expectancy at Birth: Female (Year)	84.507 2022	yearly	1960 - 2022
Bermuda BM: Life Expectancy at Birth: Total (Year)	81.571 2022	yearly	1960 - 2022
Bermuda BM: Life Expectancy at Birth: Male (Year)	78.435 2022	yearly	1960 - 2022
Bermuda BM: Fertility Rate: Total: Births per Woman (Ratio)	1.300 2022	yearly	1960 - 2022
Bermuda BM: Population: Growth (%)	-0.167 2023	yearly	1961 - 2023
Bermuda BM: Population: Total (Person)	63,489.000 2023	yearly	1960 - 2023
Bermuda BM: Rural Population (Person)	0.000 2023	yearly	1960 - 2023
Bermuda BM: Rural Population: % of Total Population (%)	0.000 2023	yearly	1960 - 2023
Bermuda BM: Urban Population Growth (%)	-0.167 2023	yearly	1961 - 2023
Bermuda BM: Urban Population (Person)	63,489.000 2023	yearly	1960 - 2023
Bermuda BM: Urban Population: % of Total Population (%)	100.000 2023	yearly	1960 - 2023
Bermuda BM: International Tourism: Number of Arrivals (Person)	51,400.002 2020	yearly	1995 - 2020
Bermuda BM: International Tourism: Number of Departures (Person)	192,000.000 2008	yearly	2001 - 2008
Bermuda BM: International Tourism: Receipts (USD mn)	94.000 2020	yearly	2011 - 2020
Bermuda BM: International Tourism: Receipts: % of Total Exports (%)	9.150 2020	yearly	2011 - 2020
Bermuda BM: International Tourism: Expenditures: for Passenger Transport Items (USD mn)	21.000 2020	yearly	2006 - 2020
Bermuda BM: International Tourism: Receipts: for Travel Items (USD mn)	94.000 2020	yearly	1995 - 2020
Bermuda BM: International Tourism: Expenditures: for Travel Items (USD mn)	191.000 2020	yearly	2002 - 2020
Bermuda BM: International Tourism: Expenditures (USD mn)	212.000 2020	yearly	2006 - 2020
Bermuda BM: International Tourism: Expenditures: % of Total Imports (%)	12.301 2020	yearly	2006 - 2020
Bermuda BM: Goods Trade: % of GDP (%)	15.662 2022	yearly	1980 - 2022
Bermuda BM: Share of Tariff Lines with International Peaks: Manufactured Product... (%)	65.849 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Simple Mean: Manufactured Products (%)	19.950 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products (%)	21.510 2021	yearly	2001 - 2021
Bermuda BM: Share of Tariff Lines with Specific Rates: Manufactured Products (%)	0.277 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Weighted Mean: Manufactured Products (%)	20.810 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Produc... (%)	20.810 2021	yearly	2007 - 2021
Bermuda BM: Share of Tariff Lines with International Peaks: All Products (%)	58.812 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Simple Mean: All Products (%)	22.240 2021	yearly	2007 - 2021
Bermuda BM: Share of Tariff Lines with Specific Rates: All Products (%)	0.279 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Weighted Mean: All Products (%)	23.840 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Weighted Mean: All Products (%)	23.840 2021	yearly	2007 - 2021
Bermuda BM: Share of Tariff Lines with International Peaks: Primary Products (%)	28.862 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Simple Mean: Primary Products (%)	32.330 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products (%)	28.320 2021	yearly	2001 - 2021
Bermuda BM: Share of Tariff Lines with Specific Rates: Primary Products (%)	0.291 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Applied: Weighted Mean: Primary Products (%)	30.580 2021	yearly	2007 - 2021
Bermuda BM: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products (%)	30.580 2021	yearly	2007 - 2021
Bermuda BM: Imports: % of Goods Imports: Agricultural Raw Materials (%)	0.691 2022	yearly	1971 - 2022
Bermuda BM: Imports: % of Goods Imports: Food (%)	21.471 2022	yearly	1971 - 2022
Bermuda BM: Imports: % of Goods Imports: Fuel (%)	11.861 2022	yearly	1971 - 2022
Bermuda BM: Imports: % of Commercial Service Imports: Services: Insurance & Fina... (%)	19.001 2021	yearly	2006 - 2021
Bermuda BM: Imports: % of Goods Imports: Manufactures (%)	53.171 2022	yearly	1971 - 2022
Bermuda BM: Imports: % of Goods Imports: Ores & Metals (%)	0.274 2022	yearly	1971 - 2022
Bermuda BM: Imports: Goods (USD mn)	1,189.000 2023	yearly	1980 - 2023
Bermuda BM: Imports: High-Income Economies: % of Total Goods Imports (%)	93.409 2020	yearly	1961 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	6.326 2020	yearly	1961 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	3.925 2020	yearly	1971 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	0.081 2020	yearly	1971 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	1.714 2020	yearly	1961 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	0.024 2020	yearly	1967 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	0.517 2020	yearly	1971 - 2020
Bermuda BM: Imports: Low- and Middle-Income Economies: % of Total Goods Imports:... (%)	0.064 2020	yearly	1961 - 2020
Bermuda BM: Imports: % of Total Goods Imports: Residual (%)	0.266 2020	yearly	1961 - 2020
Bermuda BM: Imports: Goods: by Reporting Economy (USD mn)	959.088 2020	yearly	1961 - 2020
Bermuda BM: Imports: % of Commercial Service Imports: Services: Computer, Commun... (%)	34.884 2021	yearly	2006 - 2021
Bermuda BM: Imports: Commercial Service (USD mn)	839.683 2021	yearly	2006 - 2021
Bermuda BM: Imports: % of Commercial Service Imports: Services: Transport (%)	22.111 2021	yearly	2006 - 2021
Bermuda BM: Imports: % of Commercial Service Imports: Services: Travel (%)	24.004 2021	yearly	2006 - 2021
Bermuda BM: Exports: % of Goods Exports: Agricultural Raw Materials (%)	0.082 2022	yearly	1971 - 2022
Bermuda BM: Exports: % of Goods Exports: Food (%)	8.262 2022	yearly	1971 - 2022
Bermuda BM: Exports: % of Goods Exports: Fuel (%)	0.025 2022	yearly	1971 - 2022
Bermuda BM: Exports: % of Commercial Service Exports: Services: Insurance & Fina... (%)	27.939 2021	yearly	2006 - 2021
Bermuda BM: Exports: % of Goods Exports: Manufactures (%)	29.759 2022	yearly	1971 - 2022
Bermuda BM: Exports: % of Goods Exports: Ores & Metals (%)	0.005 2020	yearly	1971 - 2020
Bermuda BM: Exports: Goods (USD mn)	27.000 2023	yearly	1980 - 2023
Bermuda BM: Exports: High-Income Economies: % of Total Goods Exports (%)	55.421 2020	yearly	1961 - 2020
Bermuda BM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports:... (%)	44.551 2020	yearly	1961 - 2020
Bermuda BM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports:... (%)	0.015 2020	yearly	1961 - 2020
Bermuda BM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports:... (%)	2.298 2020	yearly	1961 - 2020
Bermuda BM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports:... (%)	0.079 2019	yearly	1964 - 2019
Bermuda BM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports:... (%)	0.003 2020	yearly	1961 - 2020
Bermuda BM: Exports: Low- and Middle-Income Economies: % of Total Goods Exports:... (%)	42.156 2020	yearly	1961 - 2020
Bermuda BM: Exports: % of Total Goods Exports: Residual (%)	0.028 2020	yearly	1961 - 2020
Bermuda BM: Exports: Goods: by Reporting Economy (USD mn)	34.937 2020	yearly	1961 - 2020
Bermuda BM: Exports: % of Commercial Service Exports: Services: Computer, Commun... (%)	54.632 2021	yearly	2006 - 2021
Bermuda BM: Exports: Commercial Service (USD mn)	1,078.410 2021	yearly	2006 - 2021
Bermuda BM: Exports: % of Commercial Service Exports: Services: Transport (%)	4.125 2020	yearly	2006 - 2020
Bermuda BM: Exports: % of Commercial Service Exports: Services: Travel (%)	9.741 2020	yearly	2006 - 2020
Bermuda BM: GDP: USD: Gross National Expenditure (USD mn)	5,569.720 2022	yearly	2010 - 2022
Bermuda BM: GDP: Gross National Expenditure (BMD mn)	5,569.720 2022	yearly	2010 - 2022
Bermuda BM: GDP: USD: Exports of Goods and Services (USD mn)	3,950.269 2022	yearly	2010 - 2022
Bermuda BM: GDP: Exports of Goods and Services (BMD mn)	3,950.269 2022	yearly	2010 - 2022
Bermuda BM: GDP: % of GDP: Exports of Goods and Services (%)	50.463 2022	yearly	2010 - 2022
Bermuda BM: GDP: USD: Gross Capital Formation (USD mn)	945.178 2022	yearly	2010 - 2022
Bermuda BM: GDP: % of GDP: Gross Capital Formation (%)	12.074 2022	yearly	2010 - 2022
Bermuda BM: GDP: USD: Imports of Goods and Services (USD mn)	1,960.732 2022	yearly	2010 - 2022

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