Tariff rate, applied, weighted mean, all products in Finland

Finland: Tariff rate, applied, weighted mean, all products was 1.3% in 2022. ◆ Volatile

Latest (2022)
1.3%
Change on year
down 4.3%
World rank
141st
of 184 countries
All-time high
6.4%
in 1990
All-time low
1.3%
in 2022
Years of data
25
1988–2022

Tariff rate, applied, weighted mean, all products in Finland, 1988–2022

2461988200520221988: 6.3 %1990: 6.4 %2000: 2.4 %2001: 3.4 %2002: 2.5 %2003: 2.5 %2004: 2.2 %2005: 2.5 %2006: 2.3 %2007: 2.2 %2008: 1.7 %2009: 1.9 %2010: 2.1 %2011: 1.6 %2012: 1.5 %2013: 1.5 %2014: 2 %2015: 2 %2016: 2.1 %2017: 2 %2018: 1.8 %2019: 1.8 %2020: 1.5 %2021: 1.4 %2022: 1.3 %

Source: Staff estimates. Measured in %.

Analysis

The most recent figure for tariff rate, applied, weighted mean, all products in Finland is 1.3%, measured in 2022. That is the lowest value across all 25 years on record.

That represents a change of down 4.3% on the previous year and down 8.9% over ten years.

Over the whole period, tariff rate, applied, weighted mean, all products in Finland peaked at 6.4% in 1990 and was at its lowest, 1.3%, in 2022.

Finland ranks 141st of 184 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.3% 6.3% 6.3% 1
1990s 6.4% 6.4% 6.4% 1
2000s 2.4% 1.7% 3.4% 10
2010s 1.8% 1.5% 2.1% 10
2020s 1.4% 1.3% 1.5% 3

Countries ranked near Finland

  1. 138 United States 1.5% compare
  2. 139 Laos 1.4% compare
  3. 140 Canada 1.4% compare
  4. 141 Austria 1.3% compare
  5. 141 Belgium 1.3% compare
  6. 141 Bulgaria 1.3% compare
  7. 141 Croatia 1.3% compare
  8. 141 Cyprus 1.3% compare
  9. 141 Czechia 1.3% compare
  10. 141 Denmark 1.3% compare
  11. 141 Estonia 1.3% compare
  12. 141 France 1.3% compare
  13. 141 Germany 1.3% compare
  14. 141 Greece 1.3% compare
  15. 141 Hungary 1.3% compare
  16. 141 Italy 1.3% compare
  17. 141 Latvia 1.3% compare
  18. 141 Lithuania 1.3% compare
  19. 141 Netherlands 1.3% compare
  20. 141 Poland 1.3% compare
  21. 141 Portugal 1.3% compare
  22. 141 Romania 1.3% compare
  23. 141 Slovakia 1.3% compare
  24. 141 Slovenia 1.3% compare
  25. 141 Spain 1.3% compare
  26. 141 Sweden 1.3% compare

See the full ranking of 185 places →

More private sector data for Finland

All data for Finland →

Frequently asked questions

What is tariff rate, applied, weighted mean, all products in Finland?
Tariff rate, applied, weighted mean, all products in Finland was 1.3% in 2022, according to Staff estimates.
What is the highest tariff rate, applied, weighted mean, all products recorded in Finland?
The highest recorded value was 6.4% in 1990.
What is the lowest tariff rate, applied, weighted mean, all products recorded in Finland?
The lowest recorded value was 1.3% in 2022.
How does Finland rank for tariff rate, applied, weighted mean, all products?
Finland ranks 141st out of 184 countries with data for 2022.
Is tariff rate, applied, weighted mean, all products rising or falling in Finland?
Over the last ten years it is down 8.9%. The long-run trend across the full record is volatile.
Where does this Finland data come from?
The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, all products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Tariff rate, applied, weighted mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,798 data points, 1988–2022
Last refreshed

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.