Tariff rate, most favored nation, weighted mean, all products in Nepal
Nepal: Tariff rate, most favored nation, weighted mean, all products was 12.4% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, all products in Nepal, 1993–2022
Source: Staff estimates. Measured in %.
Analysis
Nepal recorded 12.4% for tariff rate, most favored nation, weighted mean, all products in 2022.
That represents a change of down 3.7% on the previous year and down 3.3% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Nepal peaked at 421.5% in 2008 and was at its lowest, 11.3%, in 2014.
That places Nepal 35th out of 184 countries with data for 2022, putting it in the top 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 Nepal, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 16.0% | — |
| 1998 | 20.1% | +25.9% |
| 1999 | 14.0% | -30.3% |
| 2000 | 16.8% | +20.2% |
| 2002 | 15.4% | -8.3% |
| 2003 | 15.9% | +2.7% |
| 2004 | 15.5% | -2.3% |
| 2005 | 15.5% | +0.0% |
| 2006 | 13.3% | -14.4% |
| 2007 | 13.5% | +1.5% |
| 2008 | 421.5% | +3031.5% |
| 2009 | 12.9% | -96.9% |
| 2010 | 13.3% | +3.5% |
| 2011 | 12.8% | -4.1% |
| 2012 | 12.9% | +0.5% |
| 2013 | 15.7% | +21.6% |
| 2014 | 11.3% | -27.7% |
| 2015 | 13.1% | +15.6% |
| 2016 | 13.1% | -0.1% |
| 2018 | 13.4% | +2.7% |
| 2019 | 15.4% | +15.0% |
| 2020 | 12.7% | -18.0% |
| 2021 | 12.9% | +2.1% |
| 2022 | 12.4% | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.7% | 14.0% | 20.1% | 3 |
| 2000s | 60.0% | 12.9% | 421.5% | 9 |
| 2010s | 13.4% | 11.3% | 15.7% | 9 |
| 2020s | 12.7% | 12.4% | 12.9% | 3 |
Countries ranked near Nepal
- 32 Cape Verde 12.7% compare
- 33 Ghana 12.7% compare
- 34 Saint Vincent and the Grenadines 12.6% compare
- 36 Iran, Islamic Republic of 12.1% compare
- 37 Mali 11.9% compare
- 38 Maldives 11.8% compare
More private sector data for Nepal
- Merchandise trade 36.7% (2025)
- Food imports 18.0% (2022)
- Manufactures imports 52.5% (2022)
- Merchandise imports 14.40 billion current US$ (2025)
- Food exports 49.4% (2022)
- Manufactures exports 47.5% (2022)
- Merchandise exports 2.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 78.03 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0508 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 75.61 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Nepal?
- Tariff rate, most favored nation, weighted mean, all products in Nepal was 12.4% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Nepal?
- The highest recorded value was 421.5% in 2008.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Nepal?
- The lowest recorded value was 11.3% in 2014.
- How does Nepal rank for tariff rate, most favored nation, weighted mean, all products?
- Nepal ranks 35th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Nepal?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is volatile.
- Where does this Nepal 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.