Tariff rate, applied, weighted mean, manufactured products in Barbados
Barbados: Tariff rate, applied, weighted mean, manufactured products was 11.7% in 2022. ▼ Falling
Tariff rate, applied, weighted mean, manufactured products in Barbados, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Barbados recorded 11.7% for tariff rate, applied, weighted mean, manufactured products in 2022.
Compared with earlier readings it is up 36.1% on the previous year and down 15.6% over ten years.
Over the whole period, tariff rate, applied, weighted mean, manufactured products in Barbados peaked at 25.6% in 1996 and was at its lowest, 8.4%, in 2020.
Barbados ranks 23rd of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Tariff rate, applied, weighted mean, manufactured products in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 25.6% | — |
| 1999 | 22.5% | -12.1% |
| 2000 | 21.6% | -3.7% |
| 2001 | 14.8% | -31.4% |
| 2002 | 14.3% | -3.3% |
| 2003 | 14.9% | +4.1% |
| 2004 | 12.8% | -14.2% |
| 2006 | 14.2% | +10.5% |
| 2007 | 12.3% | -13.3% |
| 2010 | 13.3% | +8.6% |
| 2011 | 13.8% | +3.5% |
| 2012 | 13.9% | +0.6% |
| 2013 | 12.5% | -10.2% |
| 2020 | 8.4% | -32.8% |
| 2021 | 8.6% | +2.7% |
| 2022 | 11.7% | +36.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.0% | 22.5% | 25.6% | 2 |
| 2000s | 15.0% | 12.3% | 21.6% | 7 |
| 2010s | 13.4% | 12.5% | 13.9% | 4 |
| 2020s | 9.6% | 8.4% | 11.7% | 3 |
Countries ranked near Barbados
More private sector data for Barbados
- Merchandise trade 33.1% (2025)
- Food imports 22.7% (2024)
- Manufactures imports 52.6% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Food exports 43.5% (2024)
- Manufactures exports 39.9% (2024)
- Merchandise exports 428.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,514 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0534 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -7.16 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, manufactured products in Barbados?
- Tariff rate, applied, weighted mean, manufactured products in Barbados was 11.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Barbados?
- The highest recorded value was 25.6% in 1996.
- What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Barbados?
- The lowest recorded value was 8.4% in 2020.
- How does Barbados rank for tariff rate, applied, weighted mean, manufactured products?
- Barbados ranks 23rd out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, manufactured products rising or falling in Barbados?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.