Tariff rate, most favored nation, simple mean … manufactured simple in Bhutan
Bhutan: Tariff rate, most favored nation, simple mean … manufactured simple was 9.4% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, manufactured products in Bhutan, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Bhutan recorded 9.4% for tariff rate, most favored nation, simple mean, manufactured products in 2022.
That represents a change of up 0.6% on the previous year and down 48.4% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Bhutan peaked at 18.6% in 2004 and was at its lowest, 9.3%, in 2021.
Bhutan ranks 69th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Tariff rate, most favored nation, simple mean … manufactured simple in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 15.4% | — |
| 2002 | 16.4% | +6.4% |
| 2004 | 18.6% | +13.3% |
| 2005 | 18.6% | -0.1% |
| 2007 | 18.2% | -2.1% |
| 2015 | 18.1% | -0.4% |
| 2019 | 18.2% | +0.6% |
| 2020 | 18.2% | -0.1% |
| 2021 | 9.3% | -49.0% |
| 2022 | 9.4% | +0.6% |
Bhutan compared with similar countries
- Bhutan's 9.4% is below the median for lower middle income countries, which is 11.0%, 85% of the median. (46 countries reporting)
- Bhutan's 9.4% is below the median for South Asia, which is 12.1%, 78% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.4% | 15.4% | 15.4% | 1 |
| 2000s | 18.0% | 16.4% | 18.6% | 4 |
| 2010s | 18.2% | 18.1% | 18.2% | 2 |
| 2020s | 12.3% | 9.3% | 18.2% | 3 |
Countries ranked near Bhutan
- 66 French Polynesia 9.8% compare
- 67 Solomon Islands 9.8% compare
- 68 Mozambique 9.7% compare
- 70 Jordan 9.2% compare
- 71 Belize 9.1% compare
- 72 Guyana 8.9% compare
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.5% (2025)
- Manufactures imports 70.3% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Commercial service imports 220.69 million current US$ (2024)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Commercial service exports 257.09 million current US$ (2024)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Bhutan?
- Tariff rate, most favored nation, simple mean, manufactured products in Bhutan was 9.4% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Bhutan?
- The highest recorded value was 18.6% in 2004.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Bhutan?
- The lowest recorded value was 9.3% in 2021.
- How does Bhutan rank for tariff rate, most favored nation, simple mean, manufactured products?
- Bhutan ranks 69th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Bhutan?
- Over the last ten years it is down 48.4%. The long-run trend across the full record is falling.
- Where does this Bhutan 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 — 10 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.