Tariff rate, most favored nation, weighted mean, manufactured products in Nepal
Nepal: Tariff rate, most favored nation, weighted mean, manufactured products was 12.6% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, manufactured products in Nepal, 1993–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, manufactured products in Nepal stood at 12.6%.
The figure is down 4.3% on the previous year and down 12.2% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Nepal peaked at 150.9% in 2008 and was at its lowest, 12.3%, in 2020.
Nepal ranks 27th of 184 countries on this measure, 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, manufactured products in Nepal, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 22.1% | — |
| 1998 | 30.4% | +37.3% |
| 1999 | 16.4% | -45.9% |
| 2000 | 20.9% | +27.2% |
| 2002 | 18.6% | -10.9% |
| 2003 | 19.0% | +2.2% |
| 2004 | 18.4% | -3.2% |
| 2005 | 18.4% | +0.2% |
| 2006 | 14.5% | -21.2% |
| 2007 | 14.8% | +1.9% |
| 2008 | 150.9% | +921.1% |
| 2009 | 14.1% | -90.7% |
| 2010 | 14.6% | +3.6% |
| 2011 | 14.2% | -3.2% |
| 2012 | 14.3% | +1.1% |
| 2013 | 16.2% | +13.0% |
| 2014 | 14.1% | -12.7% |
| 2015 | 14.1% | -0.1% |
| 2016 | 13.2% | -6.5% |
| 2018 | 13.8% | +4.9% |
| 2019 | 16.0% | +15.7% |
| 2020 | 12.3% | -23.1% |
| 2021 | 13.1% | +6.8% |
| 2022 | 12.6% | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.0% | 16.4% | 30.4% | 3 |
| 2000s | 32.2% | 14.1% | 150.9% | 9 |
| 2010s | 14.5% | 13.2% | 16.2% | 9 |
| 2020s | 12.7% | 12.3% | 13.1% | 3 |
Countries ranked near Nepal
- 24 Iran, Islamic Republic of 12.8% compare
- 25 Lesotho 12.8% compare
- 26 Central African Republic 12.6% compare
- 28 Zimbabwe 12.4% compare
- 29 Dominica 12.3% compare
- 30 Solomon Islands 12.2% 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, manufactured products in Nepal?
- Tariff rate, most favored nation, weighted mean, manufactured products in Nepal was 12.6% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Nepal?
- The highest recorded value was 150.9% in 2008.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Nepal?
- The lowest recorded value was 12.3% in 2020.
- How does Nepal rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Nepal ranks 27th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Nepal?
- Over the last ten years it is down 12.2%. 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, 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.