Belize - Tariff rate, most favored nation, simple mean, primary products (%)

Tariff rate, most favored nation, simple mean, primary products (%) in Belize was 19.88 as of 2020. Its highest value over the past 24 years was 24.16 in 1996, while its lowest value was 14.74 in 2007.

Definition: Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1996 24.16
1999 23.91
2001 14.75
2002 14.76
2003 14.76
2006 14.75
2007 14.74
2008 14.74
2009 15.67
2010 15.67
2011 14.94
2012 14.94
2013 17.65
2014 17.65
2015 17.65
2016 17.65
2017 17.65
2018 17.72
2019 17.72
2020 19.88

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs