Tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tariff rate, most favored nation, weighted mean, primary products was 13.8% in 2022. ▲ Rising
Tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines stood at 13.8%.
Compared with earlier readings it is down 8.7% on the previous year and up 18.6% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines peaked at 15.3% in 2017 and was at its lowest, 9.1%, in 2011.
Saint Vincent and the Grenadines ranks 43rd of 184 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 13.8% | — |
| 1999 | 14.8% | +7.0% |
| 2000 | 13.3% | -10.2% |
| 2001 | 12.9% | -3.0% |
| 2002 | 12.3% | -4.7% |
| 2003 | 13.1% | +6.6% |
| 2006 | 12.1% | -7.9% |
| 2007 | 13.7% | +13.7% |
| 2010 | 9.7% | -29.1% |
| 2011 | 9.1% | -6.9% |
| 2012 | 11.7% | +28.7% |
| 2013 | 11.7% | +0.0% |
| 2015 | 10.5% | -9.6% |
| 2016 | 14.3% | +36.2% |
| 2017 | 15.3% | +7.0% |
| 2018 | 14.5% | -5.4% |
| 2019 | 14.5% | +0.0% |
| 2020 | 15.0% | +3.4% |
| 2021 | 15.1% | +0.9% |
| 2022 | 13.8% | -8.7% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 13.8% is above the median for upper middle income countries, which is 8.4%, 1.6× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's 13.8% is above the median for Latin America & Caribbean, which is 10.9%, 1.3× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.3% | 13.8% | 14.8% | 2 |
| 2000s | 12.9% | 12.1% | 13.7% | 6 |
| 2010s | 12.4% | 9.1% | 15.3% | 9 |
| 2020s | 14.7% | 13.8% | 15.1% | 3 |
Countries ranked near Saint Vincent and the Grenadines
More private sector data for Saint Vincent and the Grenadines
- Merchandise trade 43.5% (2025)
- Food imports 26.0% (2023)
- Manufactures imports 61.3% (2023)
- Merchandise imports 509.00 million current US$ (2025)
- Food exports 72.5% (2023)
- Manufactures exports 26.6% (2023)
- Merchandise exports 37.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 370.28 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0295 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.09 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines?
- Tariff rate, most favored nation, weighted mean, primary products in Saint Vincent and the Grenadines was 13.8% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 15.3% in 2017.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 9.1% in 2011.
- How does Saint Vincent and the Grenadines rank for tariff rate, most favored nation, weighted mean, primary products?
- Saint Vincent and the Grenadines ranks 43rd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines 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.
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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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).