Tariff rate, most favored nation, weighted mean, all products (%) in Belize
Belize: Tariff rate, most favored nation, weighted mean, all products (%) was 20.0% in 2022. ▲ Rising
Tariff rate, most favored nation, weighted mean, all products in Belize, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, all products in Belize stood at 20.0%.
The figure is up 1.7% on the previous year and up 125.2% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Belize peaked at 20.7% in 2020 and was at its lowest, 8.9%, in 2012.
Belize ranks 4th of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Tariff rate, most favored nation, weighted mean, all products (%) in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 15.6% | — |
| 1999 | 11.2% | -28.4% |
| 2001 | 10.7% | -4.2% |
| 2002 | 11.7% | +8.7% |
| 2003 | 11.3% | -2.6% |
| 2006 | 10.0% | -11.7% |
| 2007 | 9.7% | -3.5% |
| 2008 | 9.2% | -4.3% |
| 2009 | 12.1% | +30.4% |
| 2010 | 12.1% | -0.1% |
| 2011 | 8.9% | -26.1% |
| 2012 | 8.9% | -0.2% |
| 2013 | 11.0% | +24.0% |
| 2014 | 11.0% | +0.0% |
| 2015 | 11.2% | +1.3% |
| 2016 | 11.5% | +3.0% |
| 2017 | 11.2% | -2.2% |
| 2018 | 12.1% | +7.7% |
| 2019 | 12.0% | -0.8% |
| 2020 | 20.7% | +72.8% |
| 2021 | 19.7% | -5.2% |
| 2022 | 20.0% | +1.7% |
Belize compared with similar countries
- Belize's 20.0% is above the median for upper middle income countries, which is 7.0%, 2.8× the median. (53 countries reporting)
- Belize's 20.0% is above the median for Latin America & Caribbean, which is 9.2%, 2.2× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, all products (%) in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +72.8% | 12.0% | 20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.4% | 11.2% | 15.6% | 2 |
| 2000s | 10.7% | 9.2% | 12.1% | 7 |
| 2010s | 11.0% | 8.9% | 12.1% | 10 |
| 2020s | 20.1% | 19.7% | 20.7% | 3 |
Countries ranked near Belize
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Commercial service imports 324.25 million current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Commercial service exports 1.16 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Belize?
- Tariff rate, most favored nation, weighted mean, all products in Belize was 20.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Belize?
- The highest recorded value was 20.7% in 2020.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Belize?
- The lowest recorded value was 8.9% in 2012.
- How does Belize rank for tariff rate, most favored nation, weighted mean, all products?
- Belize ranks 4th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Belize?
- Over the last ten years it is up 125.2%. The long-run trend across the full record is rising.
- Where does this Belize 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.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.