Tariff rate, applied, simple mean, all products (%) in Guyana
Guyana: Tariff rate, applied, simple mean, all products (%) was 9.2% in 2022. ▼ Falling
Tariff rate, applied, simple mean, all products in Guyana, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Guyana recorded 9.2% for tariff rate, applied, simple mean, all products in 2022. That is the lowest value across all 22 years on record.
That represents a change of down 1.3% on the previous year and down 6.0% over ten years.
Over the whole period, tariff rate, applied, simple mean, all products in Guyana peaked at 21.2% in 1996 and was at its lowest, 9.2%, in 2022.
That places Guyana 71st out of 184 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, applied, simple mean, all products (%) in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 21.2% | — |
| 1999 | 18.5% | -12.6% |
| 2000 | 18.6% | +0.4% |
| 2001 | 12.0% | -35.4% |
| 2002 | 12.1% | +0.6% |
| 2003 | 12.1% | +0.0% |
| 2006 | 11.4% | -5.7% |
| 2007 | 12.4% | +8.6% |
| 2008 | 10.3% | -16.3% |
| 2009 | 11.9% | +15.2% |
| 2010 | 10.2% | -14.0% |
| 2011 | 9.8% | -4.8% |
| 2012 | 9.7% | -0.2% |
| 2013 | 10.6% | +9.1% |
| 2015 | 9.8% | -7.6% |
| 2016 | 9.8% | +0.3% |
| 2017 | 9.8% | -0.8% |
| 2018 | 9.9% | +1.0% |
| 2019 | 9.5% | -4.0% |
| 2020 | 9.4% | -0.8% |
| 2021 | 9.3% | -1.3% |
| 2022 | 9.2% | -1.3% |
Guyana compared with similar countries
- Guyana's 9.2% is above the median for high income countries, which is 1.9%, 4.7× the median. (64 countries reporting)
- Guyana's 9.2% is below the median for Latin America & Caribbean, which is 9.4%, 97% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, applied, simple mean, all products (%) in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -35.4% | 18.6% | 12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.8% | 18.5% | 21.2% | 2 |
| 2000s | 12.6% | 10.3% | 18.6% | 8 |
| 2010s | 9.9% | 9.5% | 10.6% | 9 |
| 2020s | 9.3% | 9.2% | 9.4% | 3 |
Countries ranked near Guyana
- 68 Jamaica 9.7% compare
- 68 Saint Vincent and the Grenadines 9.7% compare
- 70 Malawi 9.5% compare
- 72 Trinidad and Tobago 9.0% compare
- 73 Syria 9.0% compare
- 74 Saint Lucia 8.9% compare
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.3% (2025)
- Manufactures imports 79.8% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Commercial service imports 4.92 billion current US$ (2023)
- Food exports 1.7% (2025)
- Manufactures exports 0.2% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Commercial service exports 523.75 million current US$ (2023)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, all products in Guyana?
- Tariff rate, applied, simple mean, all products in Guyana was 9.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, all products recorded in Guyana?
- The highest recorded value was 21.2% in 1996.
- What is the lowest tariff rate, applied, simple mean, all products recorded in Guyana?
- The lowest recorded value was 9.2% in 2022.
- How does Guyana rank for tariff rate, applied, simple mean, all products?
- Guyana ranks 71st out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, all products rising or falling in Guyana?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Guyana data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.