Tariff rate, most favored nation, simple mean, all products in Maldives
Maldives: Tariff rate, most favored nation, simple mean, all products was 11.8% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, all products in Maldives, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, all products in Maldives stood at 11.8%.
That represents a change of up 2.7% on the previous year and up 16.3% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Maldives peaked at 20.4% in 2008 and was at its lowest, 10.1%, in 2012.
That places Maldives 57th out of 186 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, most favored nation, simple mean, all products in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.2% | — |
| 2001 | 20.2% | +0.0% |
| 2002 | 20.2% | -0.0% |
| 2003 | 20.2% | -0.1% |
| 2004 | 20.2% | +0.0% |
| 2005 | 20.2% | +0.0% |
| 2006 | 20.2% | +0.0% |
| 2008 | 20.4% | +0.9% |
| 2009 | 20.4% | +0.0% |
| 2010 | 20.3% | -0.3% |
| 2011 | 20.4% | +0.1% |
| 2012 | 10.1% | -50.4% |
| 2013 | 10.1% | +0.0% |
| 2014 | 10.1% | +0.4% |
| 2015 | 12.9% | +27.7% |
| 2016 | 12.9% | -0.2% |
| 2017 | 13.0% | +0.4% |
| 2018 | 13.0% | -0.1% |
| 2019 | 13.2% | +2.1% |
| 2020 | 13.0% | -2.0% |
| 2021 | 11.4% | -11.8% |
| 2022 | 11.8% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.3% | 20.2% | 20.4% | 9 |
| 2010s | 13.6% | 10.1% | 20.4% | 10 |
| 2020s | 12.1% | 11.4% | 13.0% | 3 |
Countries ranked near Maldives
- 54 Cape Verde 11.9% compare
- 55 Bolivia, Plurinational State of 11.9% compare
- 56 Madagascar 11.9% compare
- 58 Guyana 11.6% compare
- 59 Tunisia 11.6% compare
- 60 Samoa 11.3% 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, most favored nation, simple mean, all products in Maldives?
- Tariff rate, most favored nation, simple mean, all products in Maldives was 11.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Maldives?
- The highest recorded value was 20.4% in 2008.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Maldives?
- The lowest recorded value was 10.1% in 2012.
- How does Maldives rank for tariff rate, most favored nation, simple mean, all products?
- Maldives ranks 57th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Maldives?
- Over the last ten years it is up 16.3%. 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, most favored nation, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.