Tariff rates in Bhutan

Bhutan: Tariff rates was 4.79 in 2022. ◆ Volatile

Latest (2022)
4.79
Change on year
up 43.8%
World rank
84th
of 184 countries
All-time high
21.51
in 2005
All-time low
2.82
in 2015
Years of data
10
1996–2022

Tariff rates in Bhutan, 1996–2022

51015201996200920221996: 14.62002: 15.52004: 21.52005: 21.52007: 102015: 2.82019: 4.12020: 6.62021: 3.32022: 4.8

Source: Our World in Data.

Analysis

Bhutan recorded 4.79 for tariff rates in 2022.

The figure is up 43.8% on the previous year and up 69.9% over ten years.

Over the whole period, tariff rates in Bhutan peaked at 21.51 in 2005 and was at its lowest, 2.82, in 2015.

Bhutan ranks 84th of 184 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Tariff rates in Bhutan, year by year

Annual values for Tariff rates in Bhutan, 1996 to 2022.
Year Value Change
1996 14.55 —
2002 15.54 +6.8%
2004 21.49 +38.3%
2005 21.51 +0.1%
2007 9.97 -53.6%
2015 2.82 -71.7%
2019 4.13 +46.5%
2020 6.6 +59.8%
2021 3.33 -49.5%
2022 4.79 +43.8%

Bhutan compared with similar countries

  • Bhutan's 4.79 is below the median for lower middle income countries, which is 7.43, 64% of the median. (46 countries reporting)
  • Bhutan's 4.79 is below the median for South Asia, which is 7.68, 62% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 14.55 14.55 14.55 1
2000s 17.13 9.97 21.51 4
2010s 3.47 2.82 4.13 2
2020s 4.91 3.33 6.6 3

Countries ranked near Bhutan

  1. 81 Bolivia 5.08 compare
  2. 82 Yemen 5.03 compare
  3. 83 Uruguay 4.85 compare
  4. 85 South Africa 4.66 compare
  5. 86 Paraguay 4.63 compare
  6. 87 India 4.59 compare

See the full ranking of 184 places →

More reference data data for Bhutan

All data for Bhutan →

Frequently asked questions

What is tariff rates in Bhutan?
Tariff rates in Bhutan was 4.79 in 2022, according to Our World in Data.
What is the highest tariff rates recorded in Bhutan?
The highest recorded value was 21.51 in 2005.
What is the lowest tariff rates recorded in Bhutan?
The lowest recorded value was 2.82 in 2015.
How does Bhutan rank for tariff rates?
Bhutan ranks 84th out of 184 countries with data for 2022.
Is tariff rates rising or falling in Bhutan?
Over the last ten years it is up 69.9%. The long-run trend across the full record is volatile.
Where does this Bhutan 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.

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Tariff rates in Bhutan. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/tariff-rates/bhutan/

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About this data

Indicator
Tariff rates
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