Tariff rate, most favored nation, simple mean, all products in Cyprus
Cyprus: Tariff rate, most favored nation, simple mean, all products was 5.2% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, all products in Cyprus, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Cyprus recorded 5.2% for tariff rate, most favored nation, simple mean, all products in 2022.
That represents a change of down 6.9% on the previous year and down 9.0% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Cyprus peaked at 18.8% in 1996 and was at its lowest, 4.3%, in 2020.
Cyprus ranks 130th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Tariff rate, most favored nation, simple mean, all products in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 18.8% | — |
| 1997 | 15.9% | -15.6% |
| 1998 | 12.5% | -21.3% |
| 1999 | 12.2% | -2.6% |
| 2000 | 6.4% | -47.5% |
| 2001 | 11.3% | +76.8% |
| 2002 | 10.7% | -5.3% |
| 2004 | 5.8% | -45.5% |
| 2005 | 6.0% | +2.4% |
| 2006 | 5.9% | -0.5% |
| 2007 | 5.6% | -6.2% |
| 2008 | 5.5% | -1.8% |
| 2009 | 5.4% | -0.5% |
| 2010 | 5.6% | +2.9% |
| 2011 | 5.6% | +0.2% |
| 2012 | 5.8% | +2.7% |
| 2013 | 5.7% | -0.9% |
| 2014 | 5.7% | +0.0% |
| 2015 | 5.7% | +0.2% |
| 2016 | 5.7% | -0.5% |
| 2017 | 5.6% | -1.2% |
| 2018 | 5.6% | -0.4% |
| 2019 | 6.2% | +10.0% |
| 2020 | 4.3% | -29.9% |
| 2021 | 5.6% | +30.3% |
| 2022 | 5.2% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.8% | 12.2% | 18.8% | 4 |
| 2000s | 7.0% | 5.4% | 11.3% | 9 |
| 2010s | 5.7% | 5.6% | 6.2% | 10 |
| 2020s | 5.1% | 4.3% | 5.6% | 3 |
Countries ranked near Cyprus
- 128 Malaysia 5.5% compare
- 129 Costa Rica 5.5% compare
- 130 Austria 5.2% compare
- 130 Belgium 5.2% compare
- 130 Bulgaria 5.2% compare
- 130 Croatia 5.2% compare
- 130 Czechia 5.2% compare
- 130 Denmark 5.2% compare
- 130 Estonia 5.2% compare
- 130 Finland 5.2% compare
- 130 France 5.2% compare
- 130 Germany 5.2% compare
- 130 Greece 5.2% compare
- 130 Hungary 5.2% compare
- 130 Ireland 5.2% compare
- 130 Italy 5.2% compare
- 130 Latvia 5.2% compare
- 130 Lithuania 5.2% compare
- 130 Malta 5.2% compare
- 130 Netherlands 5.2% compare
- 130 Poland 5.2% compare
- 130 Portugal 5.2% compare
- 130 Romania 5.2% compare
- 130 Slovakia 5.2% compare
- 130 Slovenia 5.2% compare
- 130 Spain 5.2% compare
- 130 Sweden 5.2% compare
More private sector data for Cyprus
- Merchandise trade 52.1% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 15.29 billion current US$ (2025)
- Food exports 22.5% (2024)
- Manufactures exports 22.2% (2024)
- Merchandise exports 6.19 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,513 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1501 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.94 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, all products in Cyprus?
- Tariff rate, most favored nation, simple mean, all products in Cyprus was 5.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Cyprus?
- The highest recorded value was 18.8% in 1996.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Cyprus?
- The lowest recorded value was 4.3% in 2020.
- How does Cyprus rank for tariff rate, most favored nation, simple mean, all products?
- Cyprus ranks 130th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Cyprus?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, all products (%). Statizoid updates them automatically from the source API.
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About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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.