Tariff rate, applied, weighted mean, manufactured products in Cape Verde
Cape Verde: Tariff rate, applied, weighted mean, manufactured products was 10.7% in 2022. ▼ Falling
Tariff rate, applied, weighted mean, manufactured products in Cape Verde, 2005–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, applied, weighted mean, manufactured products in Cape Verde stood at 10.7%.
The figure is up 27.6% on the previous year and up 9.5% over ten years.
Over the whole period, tariff rate, applied, weighted mean, manufactured products in Cape Verde peaked at 13.5% in 2005 and was at its lowest, 8.4%, in 2021.
Cape Verde ranks 29th of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Tariff rate, applied, weighted mean, manufactured products in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 13.5% | — |
| 2006 | 12.8% | -5.0% |
| 2007 | 11.9% | -6.9% |
| 2008 | 11.9% | +0.0% |
| 2009 | 11.8% | -1.2% |
| 2010 | 10.2% | -13.2% |
| 2011 | 9.8% | -3.6% |
| 2012 | 9.8% | -0.6% |
| 2013 | 11.2% | +14.6% |
| 2015 | 10.4% | -7.3% |
| 2019 | 10.6% | +1.8% |
| 2020 | 10.1% | -4.6% |
| 2021 | 8.4% | -16.8% |
| 2022 | 10.7% | +27.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 11.8% | 13.5% | 5 |
| 2010s | 10.3% | 9.8% | 11.2% | 6 |
| 2020s | 9.7% | 8.4% | 10.7% | 3 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise trade 70.0% (2025)
- Food imports 32.6% (2024)
- Manufactures imports 50.8% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Food exports 86.4% (2024)
- Manufactures exports 13.6% (2024)
- Merchandise exports 96.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 182.05 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0314 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, manufactured products in Cape Verde?
- Tariff rate, applied, weighted mean, manufactured products in Cape Verde was 10.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Cape Verde?
- The highest recorded value was 13.5% in 2005.
- What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Cape Verde?
- The lowest recorded value was 8.4% in 2021.
- How does Cape Verde rank for tariff rate, applied, weighted mean, manufactured products?
- Cape Verde ranks 29th out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, manufactured products rising or falling in Cape Verde?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is falling.
- Where does this Cape Verde 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 — 14 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.