Tariff rate, applied, simple mean, manufactured products in Bahamas
Bahamas: Tariff rate, applied, simple mean, manufactured products was 27.9% in 2022. ▼ Falling
Tariff rate, applied, simple mean, manufactured products in Bahamas, 1999–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, applied, simple mean, manufactured products in Bahamas stood at 27.9%.
The figure is down 21.1% over ten years.
Over the whole period, tariff rate, applied, simple mean, manufactured products in Bahamas peaked at 35.5% in 2010 and was at its lowest, 25.6%, in 2018.
Bahamas ranks 1st of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Tariff rate, applied, simple mean, manufactured products in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 30.8% | — |
| 2002 | 30.0% | -2.3% |
| 2006 | 29.3% | -2.3% |
| 2010 | 35.5% | +21.1% |
| 2011 | 35.3% | -0.7% |
| 2013 | 32.6% | -7.6% |
| 2014 | 32.5% | -0.2% |
| 2015 | 30.2% | -7.1% |
| 2016 | 28.5% | -5.7% |
| 2018 | 25.6% | -10.1% |
| 2022 | 27.9% | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.8% | 30.8% | 30.8% | 1 |
| 2000s | 29.7% | 29.3% | 30.0% | 2 |
| 2010s | 31.5% | 25.6% | 35.5% | 7 |
| 2020s | 27.9% | 27.9% | 27.9% | 1 |
Countries ranked near Bahamas
More private sector data for Bahamas
- Merchandise trade 35.6% (2024)
- Food imports 20.0% (2024)
- Manufactures imports 61.1% (2024)
- Merchandise imports 5.52 billion current US$ (2025)
- Food exports 52.2% (2024)
- Manufactures exports 31.2% (2024)
- Merchandise exports 711.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,764 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0435 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 3.19 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, manufactured products in Bahamas?
- Tariff rate, applied, simple mean, manufactured products in Bahamas was 27.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, manufactured products recorded in Bahamas?
- The highest recorded value was 35.5% in 2010.
- What is the lowest tariff rate, applied, simple mean, manufactured products recorded in Bahamas?
- The lowest recorded value was 25.6% in 2018.
- How does Bahamas rank for tariff rate, applied, simple mean, manufactured products?
- Bahamas ranks 1st out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, manufactured products rising or falling in Bahamas?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.