Tariff rates in Barbados
Barbados: Tariff rates was 14.58 in 2022. ▼ Falling
Latest (2022)
14.58
Change on year
up 19.1%
World rank
12th
of 184 countries
All-time high
22.93
in 1996
All-time low
8.42
in 2012
Years of data
16
1996–2022
Tariff rates in Barbados, 1996–2022
Source: Our World in Data.
Analysis
In 2022, tariff rates in Barbados stood at 14.58.
The figure is up 19.1% on the previous year and up 73.2% over ten years.
Over the whole period, tariff rates in Barbados peaked at 22.93 in 1996 and was at its lowest, 8.42, in 2012.
That places Barbados 12th out of 184 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
Tariff rates in Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 22.93 | — |
| 1999 | 22.77 | -0.7% |
| 2000 | 21.01 | -7.7% |
| 2001 | 20.34 | -3.2% |
| 2002 | 20.78 | +2.2% |
| 2003 | 21.45 | +3.2% |
| 2004 | 15.48 | -27.8% |
| 2006 | 12.66 | -18.2% |
| 2007 | 14.79 | +16.8% |
| 2010 | 15.77 | +6.6% |
| 2011 | 13.15 | -16.6% |
| 2012 | 8.42 | -36.0% |
| 2013 | 14.21 | +68.8% |
| 2020 | 11.82 | -16.8% |
| 2021 | 12.24 | +3.6% |
| 2022 | 14.58 | +19.1% |
Barbados compared with similar countries
- Barbados's 14.58 is above the median for high income countries, which is 1.33, 11.0× the median. (64 countries reporting)
- Barbados's 14.58 is above the median for Latin America & Caribbean, which is 7.01, 2.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.85 | 22.77 | 22.93 | 2 |
| 2000s | 18.07 | 12.66 | 21.45 | 7 |
| 2010s | 12.89 | 8.42 | 15.77 | 4 |
| 2020s | 12.88 | 11.82 | 14.58 | 3 |
Countries ranked near Barbados
More reference data data for Barbados
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0217 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0558 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0558 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.09 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0377 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.118 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2758 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
Frequently asked questions
- What is tariff rates in Barbados?
- Tariff rates in Barbados was 14.58 in 2022, according to Our World in Data.
- What is the highest tariff rates recorded in Barbados?
- The highest recorded value was 22.93 in 1996.
- What is the lowest tariff rates recorded in Barbados?
- The lowest recorded value was 8.42 in 2012.
- How does Barbados rank for tariff rates?
- Barbados ranks 12th out of 184 countries with data for 2022.
- Is tariff rates rising or falling in Barbados?
- Over the last ten years it is up 73.2%. The long-run trend across the full record is falling.
- Where does this Barbados data come from?
- The figures come from Our World in Data, published as part of Tariff rates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).