Tariff rate, most favored nation, weighted mean, primary products (%) in Belize
Belize: Tariff rate, most favored nation, weighted mean, primary products (%) was 44.9% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, primary products in Belize, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, primary products in Belize is 44.9%, measured in 2022. That is the highest value across all 22 years on record.
The figure is up 6.1% on the previous year and up 541.0% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Belize peaked at 44.9% in 2022 and was at its lowest, 6.4%, in 2008.
Belize ranks 3rd of 184 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted mean, primary products (%) in Belize, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 10.5% | — |
| 1999 | 9.8% | -6.6% |
| 2001 | 9.9% | +0.6% |
| 2002 | 14.1% | +43.0% |
| 2003 | 13.2% | -6.3% |
| 2006 | 6.7% | -49.3% |
| 2007 | 6.7% | +0.1% |
| 2008 | 6.4% | -5.3% |
| 2009 | 9.3% | +46.5% |
| 2010 | 9.3% | +0.0% |
| 2011 | 6.5% | -30.4% |
| 2012 | 7.0% | +7.9% |
| 2013 | 9.2% | +31.4% |
| 2014 | 9.2% | +0.0% |
| 2015 | 9.4% | +2.5% |
| 2016 | 10.5% | +11.3% |
| 2017 | 9.6% | -8.4% |
| 2018 | 12.7% | +31.7% |
| 2019 | 12.1% | -4.2% |
| 2020 | 41.6% | +242.3% |
| 2021 | 42.3% | +1.8% |
| 2022 | 44.9% | +6.1% |
Belize compared with similar countries
- Belize's 44.9% is above the median for upper middle income countries, which is 8.4%, 5.4× the median. (53 countries reporting)
- Belize's 44.9% is above the median for Latin America & Caribbean, which is 10.9%, 4.1× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, primary products (%) in Belize 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 |
|---|---|---|---|
| 2020 | +242.3% | 12.1% | 41.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.2% | 9.8% | 10.5% | 2 |
| 2000s | 9.5% | 6.4% | 14.1% | 7 |
| 2010s | 9.6% | 6.5% | 12.7% | 10 |
| 2020s | 42.9% | 41.6% | 44.9% | 3 |
Countries ranked near Belize
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Commercial service imports 324.25 million current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Commercial service exports 1.16 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,050 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, primary products in Belize?
- Tariff rate, most favored nation, weighted mean, primary products in Belize was 44.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Belize?
- The highest recorded value was 44.9% in 2022.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Belize?
- The lowest recorded value was 6.4% in 2008.
- How does Belize rank for tariff rate, most favored nation, weighted mean, primary products?
- Belize ranks 3rd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Belize?
- Over the last ten years it is up 541.0%. The long-run trend across the full record is volatile.
- Where does this Belize data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).