Tariff rate, most favored nation, simple mean, all products (%) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tariff rate, most favored nation, simple mean, all products (%) was 10.0% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, all products in Saint Vincent and the Grenadines, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, simple mean, all products in Saint Vincent and the Grenadines is 10.0%, measured in 2022.
Compared with earlier readings it is down 1.2% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Saint Vincent and the Grenadines peaked at 20.8% in 1996 and was at its lowest, 4.0%, in 2006.
That places Saint Vincent and the Grenadines 74th 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 20 years of available data.
Tariff rate, most favored nation, simple mean, all products (%) in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 20.8% | — |
| 1999 | 18.3% | -12.0% |
| 2000 | 18.3% | +0.0% |
| 2001 | 9.9% | -45.9% |
| 2002 | 9.9% | +0.3% |
| 2003 | 9.9% | -0.1% |
| 2006 | 4.0% | -59.2% |
| 2007 | 9.9% | +144.3% |
| 2010 | 10.1% | +1.8% |
| 2011 | 10.1% | +0.0% |
| 2012 | 10.2% | +1.1% |
| 2013 | 10.2% | +0.0% |
| 2015 | 10.0% | -2.0% |
| 2016 | 10.0% | +0.8% |
| 2017 | 10.0% | +0.0% |
| 2018 | 10.0% | +0.0% |
| 2019 | 10.0% | +0.0% |
| 2020 | 10.0% | +0.0% |
| 2021 | 10.0% | +0.0% |
| 2022 | 10.0% | +0.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 10.0% is above the median for upper middle income countries, which is 8.0%, 1.3× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's 10.0% is above the median for Latin America & Caribbean, which is 9.9%, 1.0× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, simple mean, all products (%) in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +144.3% | 4.0% | 9.9% |
| 2006 | -59.2% | 9.9% | 4.0% |
| 2001 | -45.9% | 18.3% | 9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.5% | 18.3% | 20.8% | 2 |
| 2000s | 10.3% | 4.0% | 18.3% | 6 |
| 2010s | 10.1% | 10.0% | 10.2% | 9 |
| 2020s | 10.0% | 10.0% | 10.0% | 3 |
Countries ranked near Saint Vincent and the Grenadines
- 71 Mozambique 10.4% compare
- 72 Cambodia 10.2% compare
- 73 Cuba 10.2% compare
- 75 Sao Tome and Principe 10.0% compare
- 76 Fiji 9.9% compare
- 77 Antigua and Barbuda 9.9% compare
- 77 Paraguay 9.9% compare
More private sector data for Saint Vincent and the Grenadines
- Merchandise trade 43.5% (2025)
- Food imports 26.0% (2023)
- Manufactures imports 61.3% (2023)
- Merchandise imports 509.00 million current US$ (2025)
- Commercial service imports 209.19 million current US$ (2025)
- Food exports 72.5% (2023)
- Manufactures exports 26.6% (2023)
- Merchandise exports 37.00 million current US$ (2025)
- Commercial service exports 380.27 million current US$ (2025)
- Merchandise exports (current US$), per capita 370.28 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, all products in Saint Vincent and the Grenadines?
- Tariff rate, most favored nation, simple mean, all products in Saint Vincent and the Grenadines was 10.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 20.8% in 1996.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 4.0% in 2006.
- How does Saint Vincent and the Grenadines rank for tariff rate, most favored nation, simple mean, all products?
- Saint Vincent and the Grenadines ranks 74th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines 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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CSV · JSON — 20 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.