Guyana vs Palau: Tariff rate, applied, weighted mean, all products
Tariff rate, applied, weighted mean, all products over time
- Guyana
- Palau
How they compare
Palau currently reports 9.5% against 9.3% in Guyana, a difference of 0.2%.
The two have swapped places 3 times across 11 shared years of data; in 2006 it was Guyana ahead.
Guyana ranks 41st and Palau ranks 38th of 184 countries.
Across the 3 decades both report, Guyana averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Guyana | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.2% | 1.8% | 4.5% | Guyana |
| 2010s | 6.7% | 27.2% | 20.5% | Palau |
| 2020s | 5.6% | 9.5% | 3.9% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, all products, Guyana or Palau?
- Palau, at 9.5% against 9.3% in Guyana as of 2021.
- What is the difference in tariff rate, applied, weighted mean, all products between Guyana and Palau?
- 0.2%, with Palau ahead.
- How many years of comparable data are there for Guyana and Palau?
- 11 years are reported by both, from 2006 to 2021.
- How do Guyana and Palau rank globally for tariff rate, applied, weighted mean, all products?
- Guyana ranks 41st and Palau ranks 38th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, weighted mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.