Tariff rate, most favored nation, weighted mean, all products (%) in Guyana
Guyana: Tariff rate, most favored nation, weighted mean, all products (%) was 11.8% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, all products in Guyana, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, all products in Guyana stood at 11.8%.
That represents a change of up 86.7% on the previous year and up 10.2% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Guyana peaked at 18.7% in 1996 and was at its lowest, 6.2%, in 2018.
That places Guyana 39th out of 184 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, most favored nation, weighted mean, all products (%) in Guyana, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 18.7% | — |
| 1999 | 15.2% | -18.8% |
| 2000 | 15.5% | +2.2% |
| 2001 | 11.6% | -25.3% |
| 2002 | 11.8% | +2.0% |
| 2003 | 11.5% | -2.9% |
| 2006 | 11.2% | -3.0% |
| 2007 | 11.1% | -0.6% |
| 2008 | 10.5% | -5.1% |
| 2009 | 11.6% | +10.2% |
| 2010 | 11.3% | -2.7% |
| 2011 | 11.1% | -1.2% |
| 2012 | 10.7% | -4.1% |
| 2013 | 11.9% | +11.7% |
| 2015 | 11.4% | -4.4% |
| 2016 | 11.3% | -0.6% |
| 2017 | 11.3% | -0.4% |
| 2018 | 6.2% | -44.8% |
| 2019 | 10.5% | +68.6% |
| 2020 | 9.4% | -10.7% |
| 2021 | 6.3% | -32.8% |
| 2022 | 11.8% | +86.7% |
Guyana compared with similar countries
- Guyana's 11.8% is above the median for high income countries, which is 2.7%, 4.4× the median. (64 countries reporting)
- Guyana's 11.8% is above the median for Latin America & Caribbean, which is 9.2%, 1.3× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, all products (%) in Guyana 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 |
|---|---|---|---|
| 2022 | +86.7% | 6.3% | 11.8% |
| 2019 | +68.6% | 6.2% | 10.5% |
| 2018 | -44.8% | 11.3% | 6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.0% | 15.2% | 18.7% | 2 |
| 2000s | 11.9% | 10.5% | 15.5% | 8 |
| 2010s | 10.6% | 6.2% | 11.9% | 9 |
| 2020s | 9.1% | 6.3% | 11.8% | 3 |
Countries ranked near Guyana
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.3% (2025)
- Manufactures imports 79.8% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Commercial service imports 4.92 billion current US$ (2023)
- Food exports 1.7% (2025)
- Manufactures exports 0.2% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Commercial service exports 523.75 million current US$ (2023)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Guyana?
- Tariff rate, most favored nation, weighted mean, all products in Guyana was 11.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Guyana?
- The highest recorded value was 18.7% in 1996.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Guyana?
- The lowest recorded value was 6.2% in 2018.
- How does Guyana rank for tariff rate, most favored nation, weighted mean, all products?
- Guyana ranks 39th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Guyana?
- Over the last ten years it is up 10.2%. 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, 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.