Tariff rate, most favored nation, weighted mean, all products in Cyprus
Cyprus: Tariff rate, most favored nation, weighted mean, all products was 2.7% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, all products in Cyprus, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, all products in Cyprus is 2.7%, measured in 2022. That is the lowest value across all 26 years on record.
The figure is down 6.0% on the previous year and down 5.6% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Cyprus peaked at 15.9% in 1996 and was at its lowest, 2.7%, in 2022.
That places Cyprus 148th out of 184 countries with data for 2022, putting it in the bottom 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 Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 15.9% | — |
| 1997 | 14.7% | -7.9% |
| 1998 | 15.2% | +3.4% |
| 1999 | 13.5% | -10.8% |
| 2000 | 8.8% | -34.7% |
| 2001 | 10.1% | +14.5% |
| 2002 | 8.8% | -12.7% |
| 2004 | 3.6% | -58.8% |
| 2005 | 3.5% | -2.7% |
| 2006 | 3.3% | -5.9% |
| 2007 | 3.2% | -3.0% |
| 2008 | 3.0% | -7.4% |
| 2009 | 3.2% | +8.0% |
| 2010 | 3.1% | -4.6% |
| 2011 | 3.0% | -2.6% |
| 2012 | 2.8% | -5.3% |
| 2013 | 3.0% | +3.9% |
| 2014 | 3.1% | +4.1% |
| 2015 | 3.1% | +0.7% |
| 2016 | 3.3% | +6.5% |
| 2017 | 3.3% | -0.6% |
| 2018 | 3.1% | -4.9% |
| 2019 | 3.1% | -1.0% |
| 2020 | 2.8% | -9.1% |
| 2021 | 2.9% | +1.8% |
| 2022 | 2.7% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.8% | 13.5% | 15.9% | 4 |
| 2000s | 5.3% | 3.0% | 10.1% | 9 |
| 2010s | 3.1% | 2.8% | 3.3% | 10 |
| 2020s | 2.8% | 2.7% | 2.9% | 3 |
Countries ranked near Cyprus
- 145 Australia 2.8% compare
- 146 Israel 2.8% compare
- 147 Switzerland 2.8% compare
- 148 Austria 2.7% compare
- 148 Belgium 2.7% compare
- 148 Bulgaria 2.7% compare
- 148 Croatia 2.7% compare
- 148 Czechia 2.7% compare
- 148 Denmark 2.7% compare
- 148 Estonia 2.7% compare
- 148 Finland 2.7% compare
- 148 France 2.7% compare
- 148 Germany 2.7% compare
- 148 Greece 2.7% compare
- 148 Hungary 2.7% compare
- 148 Ireland 2.7% compare
- 148 Italy 2.7% compare
- 148 Latvia 2.7% compare
- 148 Lithuania 2.7% compare
- 148 Malta 2.7% compare
- 148 Netherlands 2.7% compare
- 148 Poland 2.7% compare
- 148 Portugal 2.7% compare
- 148 Romania 2.7% compare
- 148 Slovakia 2.7% compare
- 148 Slovenia 2.7% compare
- 148 Spain 2.7% compare
- 148 Sweden 2.7% compare
More private sector data for Cyprus
- Merchandise trade 52.1% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 15.29 billion current US$ (2025)
- Food exports 22.5% (2024)
- Manufactures exports 22.2% (2024)
- Merchandise exports 6.19 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,513 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1501 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.94 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Cyprus?
- Tariff rate, most favored nation, weighted mean, all products in Cyprus was 2.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Cyprus?
- The highest recorded value was 15.9% in 1996.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Cyprus?
- The lowest recorded value was 2.7% in 2022.
- How does Cyprus rank for tariff rate, most favored nation, weighted mean, all products?
- Cyprus ranks 148th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Cyprus?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is volatile.
- Where does this Cyprus 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.