Tariff rate, most favored nation, simple mean, all products in Guyana
Guyana: Tariff rate, most favored nation, simple mean, all products was 11.6% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, all products in Guyana, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Guyana recorded 11.6% for tariff rate, most favored nation, simple mean, all products in 2022.
The figure is up 0.1% on the previous year and up 6.3% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Guyana peaked at 23.0% in 1996 and was at its lowest, 10.8%, in 2009.
Guyana ranks 58th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, most favored nation, simple mean, all products in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 23.0% | — |
| 1999 | 20.8% | -9.9% |
| 2000 | 20.7% | -0.1% |
| 2001 | 11.0% | -46.8% |
| 2002 | 11.0% | +0.0% |
| 2003 | 11.0% | +0.0% |
| 2006 | 11.1% | +0.7% |
| 2007 | 10.8% | -2.6% |
| 2008 | 10.9% | +1.2% |
| 2009 | 10.8% | -1.3% |
| 2010 | 10.9% | +1.3% |
| 2011 | 10.9% | +0.0% |
| 2012 | 10.9% | +0.0% |
| 2013 | 11.2% | +2.0% |
| 2015 | 10.9% | -2.0% |
| 2016 | 10.9% | +0.0% |
| 2017 | 10.9% | +0.0% |
| 2018 | 10.9% | +0.0% |
| 2019 | 11.6% | +6.2% |
| 2020 | 11.6% | +0.0% |
| 2021 | 11.6% | +0.0% |
| 2022 | 11.6% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.9% | 20.8% | 23.0% | 2 |
| 2000s | 12.2% | 10.8% | 20.7% | 8 |
| 2010s | 11.0% | 10.9% | 11.6% | 9 |
| 2020s | 11.6% | 11.6% | 11.6% | 3 |
Countries ranked near Guyana
- 55 Bolivia, Plurinational State of 11.9% compare
- 56 Madagascar 11.9% compare
- 57 Maldives 11.8% compare
- 59 Tunisia 11.6% compare
- 60 Samoa 11.3% compare
- 61 Democratic Republic of Congo 10.9% 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, most favored nation, simple mean, all products in Guyana?
- Tariff rate, most favored nation, simple mean, all products in Guyana was 11.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Guyana?
- The highest recorded value was 23.0% in 1996.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Guyana?
- The lowest recorded value was 10.8% in 2009.
- How does Guyana rank for tariff rate, most favored nation, simple mean, all products?
- Guyana ranks 58th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Guyana?
- Over the last ten years it is up 6.3%. 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, 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.