Tariff rate, most favored nation, weighted mean, manufactured products in Maldives
Maldives: Tariff rate, most favored nation, weighted mean, manufactured products was 13.5% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Maldives, 2000–2022
Source: Staff estimates. Measured in %.
Analysis
Maldives recorded 13.5% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
The figure is up 7.2% on the previous year and up 7.8% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Maldives peaked at 23.1% in 2011 and was at its lowest, 12.5%, in 2012.
That places Maldives 18th out of 184 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 22 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 21.5% | — |
| 2001 | 21.5% | +0.0% |
| 2002 | 21.7% | +0.8% |
| 2003 | 21.9% | +1.2% |
| 2004 | 21.5% | -1.8% |
| 2005 | 21.9% | +1.9% |
| 2006 | 22.2% | +1.3% |
| 2008 | 21.9% | -1.5% |
| 2009 | 22.0% | +0.5% |
| 2010 | 21.4% | -2.6% |
| 2011 | 23.1% | +7.5% |
| 2012 | 12.5% | -45.8% |
| 2013 | 13.3% | +6.5% |
| 2014 | 14.4% | +8.0% |
| 2015 | 16.1% | +12.3% |
| 2016 | 15.8% | -2.4% |
| 2017 | 15.9% | +1.3% |
| 2018 | 15.1% | -5.6% |
| 2019 | 15.1% | +0.2% |
| 2020 | 15.1% | +0.2% |
| 2021 | 12.6% | -16.9% |
| 2022 | 13.5% | +7.2% |
Maldives compared with similar countries
- Maldives's 13.5% is above the median for upper middle income countries, which is 6.6%, 2.0× the median. (53 countries reporting)
- Maldives's 13.5% is above the median for South Asia, which is 10.5%, 1.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, manufactured products in Maldives 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 |
|---|---|---|---|
| 2012 | -45.8% | 23.1% | 12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.8% | 21.5% | 22.2% | 9 |
| 2010s | 16.3% | 12.5% | 23.1% | 10 |
| 2020s | 13.7% | 12.6% | 15.1% | 3 |
Countries ranked near Maldives
- 15 Guinea-Bissau 14.7% compare
- 16 Burundi 13.9% compare
- 17 Antigua and Barbuda 13.7% compare
- 19 Bangladesh 13.5% compare
- 20 Morocco 13.3% compare
- 21 Naoero 13.3% compare
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, manufactured products in Maldives?
- Tariff rate, most favored nation, weighted mean, manufactured products in Maldives was 13.5% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Maldives?
- The highest recorded value was 23.1% in 2011.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Maldives?
- The lowest recorded value was 12.5% in 2012.
- How does Maldives rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Maldives ranks 18th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Maldives?
- Over the last ten years it is up 7.8%. 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, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.