Tariff rate, applied, weighted mean, manufactured products in Maldives
Maldives: Tariff rate, applied, weighted mean, manufactured products was 12.6% in 2022. ▼ Falling
Tariff rate, applied, weighted mean, manufactured products in Maldives, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, applied, weighted mean, manufactured products in Maldives stood at 12.6%.
That represents a change of up 5.9% on the previous year and up 2.1% over ten years.
Over the whole period, tariff rate, applied, weighted mean, manufactured products in Maldives peaked at 23.1% in 2011 and was at its lowest, 11.9%, in 2021.
Maldives ranks 17th of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, applied, weighted mean, manufactured products in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 21.5% | — |
| 2001 | 21.5% | +0.0% |
| 2002 | 21.7% | +0.8% |
| 2003 | 21.9% | +1.2% |
| 2004 | 21.5% | -1.8% |
| 2005 | 21.9% | +1.9% |
| 2006 | 22.2% | +1.4% |
| 2008 | 21.7% | -2.3% |
| 2009 | 21.8% | +0.5% |
| 2010 | 21.4% | -1.7% |
| 2011 | 23.1% | +7.5% |
| 2012 | 12.3% | -46.6% |
| 2013 | 13.1% | +6.2% |
| 2014 | 13.9% | +6.7% |
| 2015 | 15.4% | +10.3% |
| 2016 | 14.8% | -4.0% |
| 2017 | 14.6% | -1.0% |
| 2018 | 14.3% | -2.5% |
| 2019 | 14.3% | +0.2% |
| 2020 | 14.3% | +0.1% |
| 2021 | 11.9% | -17.1% |
| 2022 | 12.6% | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.8% | 21.5% | 22.2% | 9 |
| 2010s | 15.7% | 12.3% | 23.1% | 10 |
| 2020s | 12.9% | 11.9% | 14.3% | 3 |
Countries ranked near Maldives
- 14 Bangladesh 12.9% compare
- 15 Ethiopia 12.9% compare
- 16 Iran 12.8% compare
- 17 Central African Republic 12.6% compare
- 19 Zimbabwe 12.4% compare
- 20 Solomon Islands 12.2% compare
More private sector data for Maldives
- Merchandise trade 52.5% (2025)
- Food imports 21.2% (2024)
- Manufactures imports 53.7% (2024)
- Merchandise imports 3.62 billion current US$ (2025)
- Food exports 94.4% (2024)
- Manufactures exports 1.2% (2024)
- Merchandise exports 444.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 838.25 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0574 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 15.93 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, manufactured products in Maldives?
- Tariff rate, applied, weighted mean, manufactured products in Maldives was 12.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, manufactured products recorded in Maldives?
- The highest recorded value was 23.1% in 2011.
- What is the lowest tariff rate, applied, weighted mean, manufactured products recorded in Maldives?
- The lowest recorded value was 11.9% in 2021.
- How does Maldives rank for tariff rate, applied, weighted mean, manufactured products?
- Maldives ranks 17th out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, manufactured products rising or falling in Maldives?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is falling.
- Where does this Maldives 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.