Tariff rate, applied, weighted mean, manufactured products in Guyana
Guyana: Tariff rate, applied, weighted mean, manufactured products was 8.2% in 2022. ▼ Falling
Tariff rate, applied, weighted mean, manufactured products in Guyana, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Guyana recorded 8.2% for tariff rate, applied, weighted mean, manufactured products in 2022.
Compared with earlier readings it is up 108.3% on the previous year and up 18.5% over ten years.
Over the whole period, tariff rate, applied, weighted mean, manufactured products in Guyana peaked at 18.4% in 1996 and was at its lowest, 3.3%, in 2018.
That places Guyana 56th out of 184 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, applied, weighted mean, manufactured products in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 18.4% | — |
| 1999 | 15.6% | -15.1% |
| 2000 | 16.1% | +2.8% |
| 2001 | 9.8% | -39.3% |
| 2002 | 10.1% | +3.0% |
| 2003 | 9.6% | -4.1% |
| 2006 | 7.9% | -18.4% |
| 2007 | 9.2% | +16.3% |
| 2008 | 7.2% | -21.1% |
| 2009 | 9.7% | +34.6% |
| 2010 | 7.8% | -19.4% |
| 2011 | 7.1% | -8.9% |
| 2012 | 7.0% | -2.4% |
| 2013 | 8.7% | +25.4% |
| 2015 | 7.9% | -9.4% |
| 2016 | 7.3% | -7.8% |
| 2017 | 7.2% | -0.5% |
| 2018 | 3.3% | -54.2% |
| 2019 | 8.1% | +142.5% |
| 2020 | 5.8% | -27.3% |
| 2021 | 4.0% | -32.3% |
| 2022 | 8.2% | +108.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.0% | 15.6% | 18.4% | 2 |
| 2000s | 9.9% | 7.2% | 16.1% | 8 |
| 2010s | 7.2% | 3.3% | 8.7% | 9 |
| 2020s | 6.0% | 4.0% | 8.2% | 3 |
Countries ranked near Guyana
- 53 Angola 8.5% compare
- 54 Democratic Republic of Congo 8.4% compare
- 55 Cote d'Ivoire 8.3% compare
- 57 Tonga 7.8% compare
- 58 Burkina Faso 7.8% compare
- 59 Argentina 7.8% compare
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 83.1% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Food exports 1.5% (2025)
- Manufactures exports 0.5% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6898 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.52 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, manufactured products in Guyana?
- Tariff rate, applied, weighted mean, manufactured products in Guyana was 8.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Guyana?
- The highest recorded value was 18.4% in 1996.
- What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Guyana?
- The lowest recorded value was 3.3% in 2018.
- How does Guyana rank for tariff rate, applied, weighted mean, manufactured products?
- Guyana ranks 56th out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, manufactured products rising or falling in Guyana?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is falling.
- Where does this Guyana 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.
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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.