Tariff rate, most favored nation, weighted mean, all products in Bangladesh
Bangladesh: Tariff rate, most favored nation, weighted mean, all products was 11.0% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, all products in Bangladesh, 1989–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, all products in Bangladesh stood at 11.0%.
That represents a change of down 3.8% on the previous year and down 14.3% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Bangladesh peaked at 88.4% in 1989 and was at its lowest, 7.7%, in 2008.
Bangladesh ranks 45th of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted mean, all products in Bangladesh, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 88.4% | — |
| 1994 | 77.2% | -12.7% |
| 1998 | 22.1% | -71.3% |
| 1999 | 18.5% | -16.4% |
| 2000 | 18.1% | -2.2% |
| 2001 | 17.9% | -1.2% |
| 2002 | 18.3% | +2.3% |
| 2003 | 19.1% | +4.1% |
| 2004 | 15.8% | -17.1% |
| 2005 | 22.7% | +43.7% |
| 2006 | 21.6% | -4.7% |
| 2007 | 9.2% | -57.3% |
| 2008 | 7.7% | -16.6% |
| 2009 | 10.7% | +38.9% |
| 2010 | 9.9% | -7.2% |
| 2011 | 9.6% | -3.1% |
| 2012 | 12.8% | +33.3% |
| 2013 | 12.1% | -5.8% |
| 2015 | 12.3% | +1.9% |
| 2016 | 11.0% | -10.5% |
| 2019 | 9.3% | -15.3% |
| 2020 | 11.5% | +22.9% |
| 2021 | 11.4% | -0.3% |
| 2022 | 11.0% | -3.8% |
Bangladesh compared with similar countries
- Bangladesh's 11.0% is above the median for lower middle income countries, which is 9.2%, 1.2× the median. (46 countries reporting)
- Bangladesh's 11.0% is above the median for South Asia, which is 10.9%, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 88.4% | 88.4% | 88.4% | 1 |
| 1990s | 39.3% | 18.5% | 77.2% | 3 |
| 2000s | 16.1% | 7.7% | 22.7% | 10 |
| 2010s | 11.0% | 9.3% | 12.8% | 7 |
| 2020s | 11.3% | 11.0% | 11.5% | 3 |
Countries ranked near Bangladesh
More private sector data for Bangladesh
- Merchandise trade 25.8% (2025)
- Food imports 13.0% (2018)
- Manufactures imports 67.0% (2018)
- Merchandise imports 69.37 billion current US$ (2025)
- Food exports 3.4% (2018)
- Manufactures exports 94.5% (2018)
- Merchandise exports 48.17 billion current US$ (2025)
- Merchandise exports (current US$), per capita 274.16 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1056 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.95 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Bangladesh?
- Tariff rate, most favored nation, weighted mean, all products in Bangladesh was 11.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Bangladesh?
- The highest recorded value was 88.4% in 1989.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Bangladesh?
- The lowest recorded value was 7.7% in 2008.
- How does Bangladesh rank for tariff rate, most favored nation, weighted mean, all products?
- Bangladesh ranks 45th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Bangladesh?
- Over the last ten years it is down 14.3%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, all products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. 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 and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.