Tariff rate across all products in Peru
Peru: Tariff rate across all products was 0.7% in 2022. ◆ Volatile
Tariff rate across all products in Peru, 1993–2022
Source: World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data. Measured in %.
Analysis
Peru recorded 0.7% for tariff rate across all products in 2022.
Compared with earlier readings it is up 1.5% on the previous year and down 56.3% over ten years.
Over the whole period, tariff rate across all products in Peru peaked at 16.4% in 1993 and was at its lowest, 0.7%, in 2021.
That places Peru 176th out of 184 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate across all products in Peru, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 16.4% | — |
| 1995 | 15.3% | -6.4% |
| 1997 | 12.7% | -17.2% |
| 1998 | 12.7% | +0.1% |
| 1999 | 12.7% | -0.5% |
| 2000 | 12.8% | +1.3% |
| 2001 | 11.3% | -11.7% |
| 2002 | 9.9% | -12.4% |
| 2003 | 9.5% | -4.2% |
| 2004 | 8.7% | -8.4% |
| 2005 | 8.3% | -4.3% |
| 2006 | 5.2% | -37.0% |
| 2007 | 5.2% | -1.3% |
| 2008 | 2.1% | -59.7% |
| 2009 | 2.2% | +7.2% |
| 2010 | 2.5% | +12.5% |
| 2011 | 1.5% | -40.1% |
| 2013 | 1.5% | +0.7% |
| 2014 | 1.4% | -5.9% |
| 2015 | 1.8% | +25.9% |
| 2017 | 0.8% | -55.6% |
| 2018 | 0.7% | -11.3% |
| 2019 | 0.7% | +2.8% |
| 2020 | 0.7% | -9.6% |
| 2021 | 0.7% | -1.5% |
| 2022 | 0.7% | +1.5% |
Peru compared with similar countries
- Peru's 0.7% is below the median for upper middle income countries, which is 4.0%, 16% of the median. (53 countries reporting)
- Peru's 0.7% is below the median for Latin America & Caribbean, which is 7.0%, 9% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate across all products in Peru 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 |
|---|---|---|---|
| 2008 | -59.7% | 5.2% | 2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.0% | 12.7% | 16.4% | 5 |
| 2000s | 7.5% | 2.1% | 12.8% | 10 |
| 2010s | 1.4% | 0.7% | 2.5% | 8 |
| 2020s | 0.7% | 0.7% | 0.7% | 3 |
Countries ranked near Peru
More reference data data for Peru
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.15 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.39 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3808 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.94 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.84 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.94 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.98 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 35.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.07 (2050)
Frequently asked questions
- What is tariff rate across all products in Peru?
- Tariff rate across all products in Peru was 0.7% in 2022, according to World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data.
- What is the highest tariff rate across all products recorded in Peru?
- The highest recorded value was 16.4% in 1993.
- What is the lowest tariff rate across all products recorded in Peru?
- The lowest recorded value was 0.7% in 2021.
- How does Peru rank for tariff rate across all products?
- Peru ranks 176th out of 184 countries with data for 2022.
- Is tariff rate across all products rising or falling in Peru?
- Over the last ten years it is down 56.3%. The long-run trend across the full record is volatile.
- Where does this Peru data come from?
- The figures come from World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data, published as part of Tariff rate across all products. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.