Tariff rate, most favored nation, weighted … manufactured weighted in Cyprus
Cyprus: Tariff rate, most favored nation, weighted … manufactured weighted was 3.2% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, manufactured products in Cyprus, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Cyprus recorded 3.2% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
That represents a change of up 11.7% on the previous year and down 3.6% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Cyprus peaked at 13.6% in 1996 and was at its lowest, 2.9%, in 2021.
That places Cyprus 134th out of 184 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted … manufactured weighted in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 13.6% | — |
| 1997 | 10.4% | -23.9% |
| 1998 | 5.7% | -44.7% |
| 1999 | 5.3% | -8.0% |
| 2000 | 5.1% | -3.0% |
| 2001 | 5.1% | -0.2% |
| 2002 | 5.0% | -2.0% |
| 2004 | 3.6% | -28.8% |
| 2005 | 3.5% | -0.8% |
| 2006 | 3.5% | -1.1% |
| 2007 | 3.4% | -3.7% |
| 2008 | 3.4% | +0.0% |
| 2009 | 3.4% | +0.9% |
| 2010 | 3.4% | -0.3% |
| 2011 | 3.4% | +1.2% |
| 2012 | 3.4% | -1.8% |
| 2013 | 3.4% | +0.9% |
| 2014 | 3.4% | +0.9% |
| 2015 | 3.4% | +0.3% |
| 2016 | 3.4% | -1.2% |
| 2017 | 3.5% | +2.4% |
| 2018 | 3.4% | -1.4% |
| 2019 | 3.4% | -0.9% |
| 2020 | 3.2% | -4.7% |
| 2021 | 2.9% | -10.2% |
| 2022 | 3.2% | +11.7% |
Cyprus compared with similar countries
- Cyprus's 3.2% is above the median for high income countries, which is 3.2%, 1.0× the median. (64 countries reporting)
- Cyprus's 3.2% is above the median for Europe & Central Asia, which is 3.2%, 1.0× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted … manufactured weighted in Cyprus 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 |
|---|---|---|---|
| 1998 | -44.7% | 10.4% | 5.7% |
| 2004 | -28.8% | 5.0% | 3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.7% | 5.3% | 13.6% | 4 |
| 2000s | 4.0% | 3.4% | 5.1% | 9 |
| 2010s | 3.4% | 3.4% | 3.5% | 10 |
| 2020s | 3.1% | 2.9% | 3.2% | 3 |
Countries ranked near Cyprus
- 131 Ukraine 3.9% compare
- 132 Malaysia 3.6% compare
- 133 Palestine 3.6% compare
- 134 Albania 3.2% compare
- 134 Austria 3.2% compare
- 134 Belgium 3.2% compare
- 134 Bulgaria 3.2% compare
- 134 Croatia 3.2% compare
- 134 Czechia 3.2% compare
- 134 Denmark 3.2% compare
- 134 Estonia 3.2% compare
- 134 Finland 3.2% compare
- 134 France 3.2% compare
- 134 Germany 3.2% compare
- 134 Greece 3.2% compare
- 134 Hungary 3.2% compare
- 134 Ireland 3.2% compare
- 134 Italy 3.2% compare
- 134 Latvia 3.2% compare
- 134 Lithuania 3.2% compare
- 134 Malta 3.2% compare
- 134 Netherlands 3.2% compare
- 134 Poland 3.2% compare
- 134 Portugal 3.2% compare
- 134 Romania 3.2% compare
- 134 Slovakia 3.2% compare
- 134 Slovenia 3.2% compare
- 134 Spain 3.2% compare
- 134 Sweden 3.2% compare
More private sector data for Cyprus
- Merchandise trade 52.1% (2025)
- Food imports 15.0% (2025)
- Manufactures imports 56.5% (2025)
- Merchandise imports 15.29 billion current US$ (2025)
- Commercial service imports 25.20 billion current US$ (2025)
- Food exports 15.9% (2025)
- Manufactures exports 16.5% (2025)
- Merchandise exports 6.19 billion current US$ (2025)
- Commercial service exports 35.55 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,513 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Cyprus?
- Tariff rate, most favored nation, weighted mean, manufactured products in Cyprus was 3.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Cyprus?
- The highest recorded value was 13.6% in 1996.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Cyprus?
- The lowest recorded value was 2.9% in 2021.
- How does Cyprus rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Cyprus ranks 134th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Cyprus?
- Over the last ten years it is down 3.6%. 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, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.