Tariff rates in Bermuda
Bermuda: Tariff rates was 29.52 in 2022. ◆ Volatile
Tariff rates in Bermuda, 2007–2022
Source: Our World in Data.
Analysis
Bermuda recorded 29.52 for tariff rates in 2022.
That represents a change of up 23.8% on the previous year and up 69.3% over ten years.
Over the whole period, tariff rates in Bermuda peaked at 103.17 in 2019 and was at its lowest, 15.27, in 2014.
That places Bermuda 1st out of 184 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rates in Bermuda, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 18.75 | — |
| 2008 | 18.98 | +1.2% |
| 2009 | 18.68 | -1.6% |
| 2010 | 18.61 | -0.4% |
| 2011 | 17.06 | -8.3% |
| 2012 | 17.44 | +2.2% |
| 2013 | 17.23 | -1.2% |
| 2014 | 15.27 | -11.4% |
| 2015 | 18.67 | +22.3% |
| 2016 | 18.73 | +0.3% |
| 2017 | 20.85 | +11.3% |
| 2018 | 27.59 | +32.3% |
| 2019 | 103.17 | +273.9% |
| 2020 | 24.07 | -76.7% |
| 2021 | 23.84 | -1.0% |
| 2022 | 29.52 | +23.8% |
Bermuda compared with similar countries
- Bermuda's 29.52 is above the median for high income countries, which is 1.33, 22.2× the median. (64 countries reporting)
Biggest year-on-year movements
Years where Tariff rates in Bermuda 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 |
|---|---|---|---|
| 2019 | +273.9% | 27.59 | 103.17 |
| 2020 | -76.7% | 103.17 | 24.07 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.8 | 18.68 | 18.98 | 3 |
| 2010s | 27.46 | 15.27 | 103.17 | 10 |
| 2020s | 25.81 | 23.84 | 29.52 | 3 |
Countries ranked near Bermuda
- 2 Solomon Islands 20.66 compare
- 3 Congo 18.18 compare
- 3 Equatorial Guinea 18.18 compare
More reference data data for Bermuda
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Direct emissions (N2O) - IPCC Agriculture 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 0.0126 (2050)
- Emission Totals - Direct emissions (N2O) - Crop Residues 0 (2050)
Frequently asked questions
- What is tariff rates in Bermuda?
- Tariff rates in Bermuda was 29.52 in 2022, according to Our World in Data.
- What is the highest tariff rates recorded in Bermuda?
- The highest recorded value was 103.17 in 2019.
- What is the lowest tariff rates recorded in Bermuda?
- The lowest recorded value was 15.27 in 2014.
- How does Bermuda rank for tariff rates?
- Bermuda ranks 1st out of 184 countries with data for 2022.
- Is tariff rates rising or falling in Bermuda?
- Over the last ten years it is up 69.3%. The long-run trend across the full record is volatile.
- Where does this Bermuda 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).