Tariff rate, most favored nation, weighted mean, primary products in Cape Verde
Cape Verde: Tariff rate, most favored nation, weighted mean, primary products was 14.9% in 2022. ▲ Rising
Tariff rate, most favored nation, weighted mean, primary products in Cape Verde, 2005–2022
Source: Staff estimates. Measured in %.
Analysis
Cape Verde recorded 14.9% for tariff rate, most favored nation, weighted mean, primary products in 2022.
The figure is down 1.1% on the previous year and up 29.1% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Cape Verde peaked at 15.7% in 2020 and was at its lowest, 10.6%, in 2013.
Cape Verde ranks 38th of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Tariff rate, most favored nation, weighted mean, primary products in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 14.1% | — |
| 2006 | 13.8% | -2.6% |
| 2007 | 12.7% | -8.1% |
| 2008 | 12.7% | +0.0% |
| 2009 | 12.1% | -4.1% |
| 2010 | 12.2% | +0.6% |
| 2011 | 10.8% | -11.2% |
| 2012 | 11.6% | +6.6% |
| 2013 | 10.6% | -8.2% |
| 2015 | 11.5% | +8.1% |
| 2019 | 12.7% | +11.1% |
| 2020 | 15.7% | +23.0% |
| 2021 | 15.1% | -3.8% |
| 2022 | 14.9% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.1% | 12.1% | 14.1% | 5 |
| 2010s | 11.6% | 10.6% | 12.7% | 6 |
| 2020s | 15.2% | 14.9% | 15.7% | 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, primary products in Cape Verde?
- Tariff rate, most favored nation, weighted mean, primary products in Cape Verde was 14.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Cape Verde?
- The highest recorded value was 15.7% in 2020.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Cape Verde?
- The lowest recorded value was 10.6% in 2013.
- How does Cape Verde rank for tariff rate, most favored nation, weighted mean, primary products?
- Cape Verde ranks 38th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Cape Verde?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- 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, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).