Tariff rate, most favored nation, simple mean … manufactured simple in Barbados
Barbados: Tariff rate, most favored nation, simple mean … manufactured simple was 10.4% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, manufactured products in Barbados, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, simple mean, manufactured products in Barbados is 10.4%, measured in 2022.
That represents a change of up 23.8% on the previous year and up 11.2% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Barbados peaked at 23.2% in 1996 and was at its lowest, 8.4%, in 2021.
That places Barbados 62nd 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 16 years of available data.
Tariff rate, most favored nation, simple mean … manufactured simple in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 23.2% | — |
| 1999 | 19.6% | -15.3% |
| 2000 | 19.4% | -1.3% |
| 2001 | 10.0% | -48.5% |
| 2002 | 10.3% | +2.8% |
| 2003 | 10.3% | +0.0% |
| 2004 | 11.5% | +12.1% |
| 2006 | 10.8% | -6.2% |
| 2007 | 11.1% | +3.0% |
| 2010 | 9.5% | -14.6% |
| 2011 | 9.5% | -0.2% |
| 2012 | 9.4% | -0.7% |
| 2013 | 9.4% | -0.2% |
| 2020 | 8.4% | -9.9% |
| 2021 | 8.4% | -0.1% |
| 2022 | 10.4% | +23.8% |
Barbados compared with similar countries
- Barbados's 10.4% is above the median for high income countries, which is 4.0%, 2.6× the median. (66 countries reporting)
- Barbados's 10.4% is above the median for Latin America & Caribbean, which is 8.7%, 1.2× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, simple mean … manufactured simple in Barbados 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 |
|---|---|---|---|
| 2001 | -48.5% | 19.4% | 10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.4% | 19.6% | 23.2% | 2 |
| 2000s | 11.9% | 10.0% | 19.4% | 7 |
| 2010s | 9.4% | 9.4% | 9.5% | 4 |
| 2020s | 9.1% | 8.4% | 10.4% | 3 |
Countries ranked near Barbados
More private sector data for Barbados
- Merchandise trade 33.1% (2025)
- Food imports 22.4% (2025)
- Manufactures imports 58.9% (2025)
- Merchandise imports 2.23 billion current US$ (2025)
- Commercial service imports 670.92 million current US$ (2017)
- Food exports 43.7% (2025)
- Manufactures exports 41.2% (2025)
- Merchandise exports 428.00 million current US$ (2025)
- Commercial service exports 1.50 billion current US$ (2017)
- Merchandise exports (current US$), per capita 1,514 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Barbados?
- Tariff rate, most favored nation, simple mean, manufactured products in Barbados was 10.4% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Barbados?
- The highest recorded value was 23.2% in 1996.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Barbados?
- The lowest recorded value was 8.4% in 2021.
- How does Barbados rank for tariff rate, most favored nation, simple mean, manufactured products?
- Barbados ranks 62nd out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Barbados?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.