Tariff rate, most favored nation, simple mean, manufactured products in Maldives
Maldives: Tariff rate, most favored nation, simple mean, manufactured products was 12.8% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, manufactured products in Maldives, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, manufactured products in Maldives stood at 12.8%.
The figure is up 2.8% on the previous year and up 16.6% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Maldives peaked at 20.6% in 2008 and was at its lowest, 10.9%, in 2012.
Maldives ranks 22nd of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, most favored nation, simple mean, manufactured products in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.3% | — |
| 2001 | 20.3% | +0.0% |
| 2002 | 20.3% | +0.0% |
| 2003 | 20.3% | -0.1% |
| 2004 | 20.3% | +0.1% |
| 2005 | 20.3% | -0.1% |
| 2006 | 20.3% | +0.0% |
| 2008 | 20.6% | +1.5% |
| 2009 | 20.6% | +0.0% |
| 2010 | 20.5% | -0.4% |
| 2011 | 20.6% | +0.2% |
| 2012 | 10.9% | -46.7% |
| 2013 | 10.9% | +0.0% |
| 2014 | 10.9% | +0.0% |
| 2015 | 14.4% | +31.7% |
| 2016 | 14.4% | -0.3% |
| 2017 | 14.4% | +0.1% |
| 2018 | 14.4% | +0.0% |
| 2019 | 14.4% | -0.1% |
| 2020 | 14.4% | +0.0% |
| 2021 | 12.4% | -13.6% |
| 2022 | 12.8% | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.4% | 20.3% | 20.6% | 9 |
| 2010s | 14.6% | 10.9% | 20.6% | 10 |
| 2020s | 13.2% | 12.4% | 14.4% | 3 |
Countries ranked near Maldives
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, manufactured products in Maldives?
- Tariff rate, most favored nation, simple mean, manufactured products in Maldives was 12.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Maldives?
- The highest recorded value was 20.6% in 2008.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Maldives?
- The lowest recorded value was 10.9% in 2012.
- How does Maldives rank for tariff rate, most favored nation, simple mean, manufactured products?
- Maldives ranks 22nd out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Maldives?
- Over the last ten years it is up 16.6%. 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, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.