Tariff rate, most favored nation, simple mean, manufactured products in Sri Lanka
Sri Lanka: Tariff rate, most favored nation, simple mean, manufactured products was 4.1% in 2021. ◆ Volatile
Tariff rate, most favored nation, simple mean, manufactured products in Sri Lanka, 1990–2021
Source: Staff estimates. Measured in %.
Analysis
Sri Lanka recorded 4.1% for tariff rate, most favored nation, simple mean, manufactured products in 2021. That is the lowest value across all 24 years on record.
Compared with earlier readings it is down 35.9% on the previous year and down 48.6% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Sri Lanka peaked at 27.1% in 1990 and was at its lowest, 4.1%, in 2021.
That places Sri Lanka 135th out of 186 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, simple mean, manufactured products in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 27.1% | — |
| 1993 | 23.2% | -14.3% |
| 1994 | 23.2% | +0.0% |
| 1997 | 18.6% | -19.7% |
| 1998 | 9.3% | -50.3% |
| 2000 | 8.1% | -12.7% |
| 2001 | 8.1% | -0.1% |
| 2003 | 7.7% | -4.8% |
| 2004 | 8.6% | +11.3% |
| 2005 | 9.8% | +15.2% |
| 2006 | 9.7% | -2.0% |
| 2007 | 9.5% | -1.3% |
| 2008 | 9.4% | -1.2% |
| 2009 | 9.5% | +0.6% |
| 2010 | 8.1% | -14.1% |
| 2011 | 8.0% | -1.4% |
| 2012 | 7.7% | -3.7% |
| 2014 | 7.3% | -5.2% |
| 2015 | 6.6% | -9.8% |
| 2017 | 6.9% | +4.8% |
| 2018 | 7.7% | +10.8% |
| 2019 | 7.7% | +0.0% |
| 2020 | 6.4% | -16.2% |
| 2021 | 4.1% | -35.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.3% | 9.3% | 27.1% | 5 |
| 2000s | 8.9% | 7.7% | 9.8% | 9 |
| 2010s | 7.5% | 6.6% | 8.1% | 8 |
| 2020s | 5.3% | 4.1% | 6.4% | 2 |
Countries ranked near Sri Lanka
- 132 Liechtenstein 4.5% compare
- 133 Costa Rica 4.5% compare
- 134 Palau 4.2% compare
- 136 Ukraine 4.1% compare
- 137 Austria 4.0% compare
- 137 Belgium 4.0% compare
- 137 Bulgaria 4.0% compare
- 137 Croatia 4.0% compare
- 137 Cyprus 4.0% compare
- 137 Czechia 4.0% compare
- 137 Denmark 4.0% compare
- 137 Estonia 4.0% compare
- 137 Finland 4.0% compare
- 137 France 4.0% compare
- 137 Germany 4.0% compare
- 137 Greece 4.0% compare
- 137 Hungary 4.0% compare
- 137 Ireland 4.0% compare
- 137 Italy 4.0% compare
- 137 Latvia 4.0% compare
- 137 Lithuania 4.0% compare
- 137 Malta 4.0% compare
- 137 Netherlands 4.0% compare
- 137 Poland 4.0% compare
- 137 Portugal 4.0% compare
- 137 Romania 4.0% compare
- 137 Slovakia 4.0% compare
- 137 Slovenia 4.0% compare
- 137 Spain 4.0% compare
- 137 Sweden 4.0% compare
More private sector data for Sri Lanka
- Merchandise trade 32.2% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.7% (2024)
- Merchandise imports 21.48 billion current US$ (2025)
- Food exports 27.3% (2024)
- Manufactures exports 66.0% (2024)
- Merchandise exports 13.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 624.24 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1248 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.33 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Sri Lanka?
- Tariff rate, most favored nation, simple mean, manufactured products in Sri Lanka was 4.1% in 2021, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Sri Lanka?
- The highest recorded value was 27.1% in 1990.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Sri Lanka?
- The lowest recorded value was 4.1% in 2021.
- How does Sri Lanka rank for tariff rate, most favored nation, simple mean, manufactured products?
- Sri Lanka ranks 135th out of 186 countries with data for 2021.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Sri Lanka?
- Over the last ten years it is down 48.6%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.
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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.