Tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde
Cape Verde: Tariff rate, most favored nation, weighted mean, manufactured products was 10.8% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde, 2005–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde is 10.8%, measured in 2022.
That represents a change of up 28.5% on the previous year and up 10.6% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde peaked at 13.5% in 2005 and was at its lowest, 8.4%, in 2021.
Cape Verde ranks 45th of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 13.5% | — |
| 2006 | 12.8% | -5.0% |
| 2007 | 11.9% | -6.9% |
| 2008 | 11.9% | +0.0% |
| 2009 | 11.8% | -1.2% |
| 2010 | 10.2% | -13.2% |
| 2011 | 9.8% | -3.6% |
| 2012 | 9.8% | -0.6% |
| 2013 | 11.2% | +14.6% |
| 2015 | 10.4% | -7.3% |
| 2019 | 10.6% | +1.8% |
| 2020 | 10.2% | -4.1% |
| 2021 | 8.4% | -17.0% |
| 2022 | 10.8% | +28.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 11.8% | 13.5% | 5 |
| 2010s | 10.3% | 9.8% | 11.2% | 6 |
| 2020s | 9.8% | 8.4% | 10.8% | 3 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise trade 70.0% (2025)
- Food imports 32.6% (2024)
- Manufactures imports 50.8% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Food exports 86.4% (2024)
- Manufactures exports 13.6% (2024)
- Merchandise exports 96.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 182.05 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0314 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde?
- Tariff rate, most favored nation, weighted mean, manufactured products in Cape Verde was 10.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Cape Verde?
- The highest recorded value was 13.5% in 2005.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Cape Verde?
- The lowest recorded value was 8.4% in 2021.
- How does Cape Verde rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Cape Verde ranks 45th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Cape Verde?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.