Tariff rate, most favored nation, weighted mean, all products in Bhutan
Bhutan: Tariff rate, most favored nation, weighted mean, all products was 10.8% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, all products in Bhutan, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Bhutan recorded 10.8% for tariff rate, most favored nation, weighted mean, all products in 2022. That is the lowest value across all 10 years on record.
The figure is down 1.2% on the previous year and down 50.1% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Bhutan peaked at 27.5% in 2007 and was at its lowest, 10.8%, in 2022.
Bhutan ranks 47th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Tariff rate, most favored nation, weighted mean, all products in Bhutan, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 14.6% | — |
| 2002 | 15.5% | +6.8% |
| 2004 | 21.5% | +38.3% |
| 2005 | 21.5% | +0.2% |
| 2007 | 27.5% | +27.8% |
| 2015 | 21.7% | -21.2% |
| 2019 | 23.0% | +5.8% |
| 2020 | 23.7% | +3.1% |
| 2021 | 10.9% | -53.8% |
| 2022 | 10.8% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.6% | 14.6% | 14.6% | 1 |
| 2000s | 21.5% | 15.5% | 27.5% | 4 |
| 2010s | 22.3% | 21.7% | 23.0% | 2 |
| 2020s | 15.2% | 10.8% | 23.7% | 3 |
Countries ranked near Bhutan
- 44 Benin 11.2% compare
- 45 Bangladesh 11.0% compare
- 46 Tanzania, United Republic of 10.8% compare
- 48 Niger 10.5% compare
- 49 Syrian Arab Republic 10.4% compare
- 50 Samoa 10.4% compare
More private sector data for Bhutan
- Merchandise trade 83.3% (2025)
- Food imports 11.4% (2025)
- Manufactures imports 70.4% (2025)
- Merchandise imports 2.18 billion current US$ (2025)
- Food exports 5.9% (2025)
- Manufactures exports 58.7% (2025)
- Merchandise exports 800.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,004 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2235 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.1 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Bhutan?
- Tariff rate, most favored nation, weighted mean, all products in Bhutan was 10.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Bhutan?
- The highest recorded value was 27.5% in 2007.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Bhutan?
- The lowest recorded value was 10.8% in 2022.
- How does Bhutan rank for tariff rate, most favored nation, weighted mean, all products?
- Bhutan ranks 47th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Bhutan?
- Over the last ten years it is down 50.1%. The long-run trend across the full record is falling.
- Where does this Bhutan 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 — 10 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.