Tariff rate, most favored nation, simple mean, primary products in Bahamas
Bahamas: Tariff rate, most favored nation, simple mean, primary products was 25.0% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, primary products in Bahamas, 1999–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, primary products in Bahamas stood at 25.0%.
The figure is down 11.8% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, primary products in Bahamas peaked at 28.3% in 2010 and was at its lowest, 24.4%, in 2018.
That places Bahamas 10th out of 186 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 11 years of available data.
Tariff rate, most favored nation, simple mean, primary products in Bahamas, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 28.0% | — |
| 2002 | 27.4% | -2.0% |
| 2006 | 26.9% | -2.0% |
| 2010 | 28.3% | +5.4% |
| 2011 | 28.3% | +0.0% |
| 2013 | 27.5% | -2.9% |
| 2014 | 27.4% | -0.1% |
| 2015 | 26.6% | -3.2% |
| 2016 | 25.7% | -3.5% |
| 2018 | 24.4% | -4.8% |
| 2022 | 25.0% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.0% | 28.0% | 28.0% | 1 |
| 2000s | 27.1% | 26.9% | 27.4% | 2 |
| 2010s | 26.9% | 24.4% | 28.3% | 7 |
| 2020s | 25.0% | 25.0% | 25.0% | 1 |
Countries ranked near Bahamas
More private sector data for Bahamas
- Merchandise trade 35.6% (2024)
- Food imports 20.0% (2024)
- Manufactures imports 61.1% (2024)
- Merchandise imports 5.52 billion current US$ (2025)
- Food exports 52.2% (2024)
- Manufactures exports 31.2% (2024)
- Merchandise exports 711.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,764 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0435 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 3.19 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, primary products in Bahamas?
- Tariff rate, most favored nation, simple mean, primary products in Bahamas was 25.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, primary products recorded in Bahamas?
- The highest recorded value was 28.3% in 2010.
- What is the lowest tariff rate, most favored nation, simple mean, primary products recorded in Bahamas?
- The lowest recorded value was 24.4% in 2018.
- How does Bahamas rank for tariff rate, most favored nation, simple mean, primary products?
- Bahamas ranks 10th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, primary products rising or falling in Bahamas?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).