Tariff rate, most favored nation, simple mean, primary products in Guyana
Guyana: Tariff rate, most favored nation, simple mean, primary products was 19.6% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, primary products in Guyana, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, simple mean, primary products in Guyana stood at 19.6%.
Compared with earlier readings it is up 3.5% on the previous year and up 13.2% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, primary products in Guyana peaked at 26.6% in 2000 and was at its lowest, 16.3%, in 2001.
Guyana ranks 27th 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, primary products in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 26.4% | — |
| 1999 | 26.6% | +0.7% |
| 2000 | 26.6% | +0.0% |
| 2001 | 16.3% | -38.8% |
| 2002 | 16.3% | +0.0% |
| 2003 | 16.3% | +0.0% |
| 2006 | 16.7% | +2.8% |
| 2007 | 17.3% | +3.4% |
| 2008 | 17.3% | +0.2% |
| 2009 | 17.3% | -0.3% |
| 2010 | 17.3% | +0.3% |
| 2011 | 17.3% | +0.0% |
| 2012 | 17.3% | +0.0% |
| 2013 | 17.2% | -1.0% |
| 2015 | 17.3% | +1.0% |
| 2016 | 17.3% | +0.0% |
| 2017 | 17.3% | +0.0% |
| 2018 | 17.3% | +0.0% |
| 2019 | 19.0% | +9.4% |
| 2020 | 19.0% | +0.0% |
| 2021 | 19.0% | +0.0% |
| 2022 | 19.6% | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.5% | 26.4% | 26.6% | 2 |
| 2000s | 18.0% | 16.3% | 26.6% | 8 |
| 2010s | 17.5% | 17.2% | 19.0% | 9 |
| 2020s | 19.2% | 19.0% | 19.6% | 3 |
Countries ranked near Guyana
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 83.1% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Food exports 1.5% (2025)
- Manufactures exports 0.5% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6898 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -5.52 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, primary products in Guyana?
- Tariff rate, most favored nation, simple mean, primary products in Guyana was 19.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, primary products recorded in Guyana?
- The highest recorded value was 26.6% in 2000.
- What is the lowest tariff rate, most favored nation, simple mean, primary products recorded in Guyana?
- The lowest recorded value was 16.3% in 2001.
- How does Guyana rank for tariff rate, most favored nation, simple mean, primary products?
- Guyana ranks 27th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, primary products rising or falling in Guyana?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is falling.
- Where does this Guyana 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.
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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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).