Tariff rate, most favored nation, weighted mean, all products in Maldives
Maldives: 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 Maldives, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, all products in Maldives is 11.8%, measured in 2022.
Compared with earlier readings it is up 6.4% on the previous year and up 79.6% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Maldives peaked at 21.2% in 2006 and was at its lowest, 6.6%, in 2012.
That places Maldives 38th 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 Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.4% | — |
| 2001 | 20.2% | -1.1% |
| 2002 | 19.9% | -1.7% |
| 2003 | 20.7% | +4.1% |
| 2004 | 19.8% | -4.1% |
| 2005 | 21.1% | +6.4% |
| 2006 | 21.2% | +0.7% |
| 2008 | 20.4% | -4.1% |
| 2009 | 20.1% | -1.6% |
| 2010 | 19.7% | -1.7% |
| 2011 | 20.8% | +5.3% |
| 2012 | 6.6% | -68.4% |
| 2013 | 7.1% | +8.2% |
| 2014 | 7.8% | +10.6% |
| 2015 | 11.7% | +48.5% |
| 2016 | 11.9% | +1.7% |
| 2017 | 13.2% | +11.0% |
| 2018 | 12.0% | -8.6% |
| 2019 | 19.0% | +58.2% |
| 2020 | 12.2% | -35.9% |
| 2021 | 11.1% | -9.3% |
| 2022 | 11.8% | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.4% | 19.8% | 21.2% | 9 |
| 2010s | 13.0% | 6.6% | 20.8% | 10 |
| 2020s | 11.7% | 11.1% | 12.2% | 3 |
Countries ranked near Maldives
More private sector data for Maldives
- Merchandise trade 52.5% (2025)
- Food imports 21.2% (2024)
- Manufactures imports 53.7% (2024)
- Merchandise imports 3.62 billion current US$ (2025)
- Food exports 94.4% (2024)
- Manufactures exports 1.2% (2024)
- Merchandise exports 444.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 838.25 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0574 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 15.93 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Maldives?
- Tariff rate, most favored nation, weighted mean, all products in Maldives was 11.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Maldives?
- The highest recorded value was 21.2% in 2006.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Maldives?
- The lowest recorded value was 6.6% in 2012.
- How does Maldives rank for tariff rate, most favored nation, weighted mean, all products?
- Maldives ranks 38th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Maldives?
- Over the last ten years it is up 79.6%. The long-run trend across the full record is falling.
- Where does this Maldives 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.