Tariff rate, applied, simple mean, all products (%) in Trinidad and Tobago
Trinidad and Tobago: Tariff rate, applied, simple mean, all products (%) was 9.0% in 2022. ▼ Falling
Tariff rate, applied, simple mean, all products in Trinidad and Tobago, 1991–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, applied, simple mean, all products in Trinidad and Tobago stood at 9.0%.
The figure is down 13.4% on the previous year and down 21.4% over ten years.
Over the whole period, tariff rate, applied, simple mean, all products in Trinidad and Tobago peaked at 19.9% in 1999 and was at its lowest, 8.8%, in 2008.
Trinidad and Tobago ranks 72nd of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Tariff rate, applied, simple mean, all products (%) in Trinidad and Tobago, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 18.7% | — |
| 1992 | 19.2% | +2.6% |
| 1996 | 12.1% | -37.2% |
| 1999 | 19.9% | +64.7% |
| 2001 | 9.9% | -49.9% |
| 2002 | 9.7% | -2.1% |
| 2003 | 9.8% | +0.4% |
| 2004 | 10.5% | +7.8% |
| 2005 | 10.5% | -0.8% |
| 2006 | 10.0% | -4.6% |
| 2007 | 8.8% | -11.7% |
| 2008 | 8.8% | -0.6% |
| 2010 | 11.9% | +36.3% |
| 2011 | 11.9% | +0.0% |
| 2012 | 11.5% | -3.9% |
| 2013 | 11.4% | -0.3% |
| 2021 | 10.4% | -8.8% |
| 2022 | 9.0% | -13.4% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 9.0% is above the median for high income countries, which is 1.9%, 4.6× the median. (64 countries reporting)
- Trinidad and Tobago's 9.0% is below the median for Latin America & Caribbean, which is 9.4%, 96% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, applied, simple mean, all products (%) in Trinidad and Tobago 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 |
|---|---|---|---|
| 1999 | +64.7% | 12.1% | 19.9% |
| 2001 | -49.9% | 19.9% | 9.9% |
| 2010 | +36.3% | 8.8% | 11.9% |
| 1996 | -37.2% | 19.2% | 12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.5% | 12.1% | 19.9% | 4 |
| 2000s | 9.8% | 8.8% | 10.5% | 8 |
| 2010s | 11.7% | 11.4% | 11.9% | 4 |
| 2020s | 9.7% | 9.0% | 10.4% | 2 |
Countries ranked near Trinidad and Tobago
- 70 Malawi 9.5% compare
- 71 Guyana 9.2% compare
- 73 Syria 9.0% compare
- 74 Saint Lucia 8.9% compare
- 75 Azerbaijan 8.9% compare
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 22.7% (2025)
- Manufactures imports 69.0% (2025)
- Merchandise imports 5.80 billion current US$ (2025)
- Commercial service imports 2.71 billion current US$ (2025)
- Food exports 7.9% (2025)
- Manufactures exports 58.5% (2025)
- Merchandise exports 6.82 billion current US$ (2025)
- Commercial service exports 1.25 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, all products in Trinidad and Tobago?
- Tariff rate, applied, simple mean, all products in Trinidad and Tobago was 9.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, all products recorded in Trinidad and Tobago?
- The highest recorded value was 19.9% in 1999.
- What is the lowest tariff rate, applied, simple mean, all products recorded in Trinidad and Tobago?
- The lowest recorded value was 8.8% in 2008.
- How does Trinidad and Tobago rank for tariff rate, applied, simple mean, all products?
- Trinidad and Tobago ranks 72nd out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, all products rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 21.4%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago 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 — 18 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.