Tariff rate applied weighted mean all products in Peru

Peru: Tariff rate applied weighted mean all products was 0.66 in 2022. ◆ Volatile

Latest (2022)
0.66
Change on year
up 1.5%
World rank
176th
of 184 countries
All-time high
16.39
in 1993
All-time low
0.65
in 2021
Years of data
26
1993–2022

Tariff rate applied weighted mean all products in Peru, 1993–2022

0510151993200720221993: 16.41995: 15.31997: 12.71998: 12.71999: 12.72000: 12.82001: 11.32002: 9.92003: 9.52004: 8.72005: 8.32006: 5.22007: 5.22008: 2.12009: 2.22010: 2.52011: 1.52013: 1.52014: 1.42015: 1.82017: 0.82018: 0.712019: 0.732020: 0.662021: 0.652022: 0.66

Source: Our World in Data.

Analysis

Peru recorded 0.66 for tariff rate applied weighted mean 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 applied weighted mean all products in Peru peaked at 16.39 in 1993 and was at its lowest, 0.65, 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 applied weighted mean all products in Peru, year by year

Annual values for Tariff rate applied weighted mean all products in Peru, 1993 to 2022.
Year Value Change
1993 16.39 —
1995 15.34 -6.4%
1997 12.7 -17.2%
1998 12.71 +0.1%
1999 12.65 -0.5%
2000 12.82 +1.3%
2001 11.32 -11.7%
2002 9.92 -12.4%
2003 9.5 -4.2%
2004 8.7 -8.4%
2005 8.33 -4.3%
2006 5.25 -37.0%
2007 5.18 -1.3%
2008 2.09 -59.7%
2009 2.24 +7.2%
2010 2.52 +12.5%
2011 1.51 -40.1%
2013 1.52 +0.7%
2014 1.43 -5.9%
2015 1.8 +25.9%
2017 0.8 -55.6%
2018 0.71 -11.3%
2019 0.73 +2.8%
2020 0.66 -9.6%
2021 0.65 -1.5%
2022 0.66 +1.5%

Peru compared with similar countries

  • Peru's 0.66 is below the median for upper middle income countries, which is 4.04, 16% of the median. (53 countries reporting)
  • Peru's 0.66 is below the median for Latin America & Caribbean, which is 7.01, 9% of the median. (34 countries reporting)

Biggest year-on-year movements

Years where Tariff rate applied weighted mean 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.

YearChange FromTo
2008 -59.7% 5.18 2.09

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.96 12.65 16.39 5
2000s 7.53 2.09 12.82 10
2010s 1.38 0.71 2.52 8
2020s 0.6567 0.65 0.66 3

Countries ranked near Peru

  1. 173 United Kingdom 1 compare
  2. 174 Australia 0.99 compare
  3. 175 Myanmar 0.82 compare
  4. 177 Chile 0.46 compare
  5. 178 Georgia 0.42 compare
  6. 179 Albania 0.26 compare

See the full ranking of 184 places →

More reference data data for Peru

All data for Peru →

Frequently asked questions

What is tariff rate applied weighted mean all products in Peru?
Tariff rate applied weighted mean all products in Peru was 0.66 in 2022, according to Our World in Data.
What is the highest tariff rate applied weighted mean all products recorded in Peru?
The highest recorded value was 16.39 in 1993.
What is the lowest tariff rate applied weighted mean all products recorded in Peru?
The lowest recorded value was 0.65 in 2021.
How does Peru rank for tariff rate applied weighted mean all products?
Peru ranks 176th out of 184 countries with data for 2022.
Is tariff rate applied weighted mean 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 Our World in Data, published as part of Tariff rate applied weighted mean all products. Statizoid updates them automatically from the source API.

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Tariff rate applied weighted mean all products in Peru. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/tariff-rate-applied-weighted-mean-all-products/peru/

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About this data

Indicator
Tariff rate applied weighted mean all products
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,763 data points, 1988–2022
Last refreshed