Tariff rates in Sri Lanka
Sri Lanka: Tariff rates was 4.36 in 2021. ◆ Volatile
Tariff rates in Sri Lanka, 1990–2021
Source: Our World in Data.
Analysis
The most recent figure for tariff rates in Sri Lanka is 4.36, measured in 2021. That is the lowest value across all 24 years on record.
The figure is down 30.6% on the previous year and down 43.2% over ten years.
Over the whole period, tariff rates in Sri Lanka peaked at 31.22 in 1993 and was at its lowest, 4.36, in 2021.
That places Sri Lanka 88th out of 184 countries with data for 2021, putting it 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 Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 28.96 | — |
| 1993 | 31.22 | +7.8% |
| 1994 | 31.16 | -0.2% |
| 1997 | 25.88 | -16.9% |
| 1998 | 9.89 | -61.8% |
| 2000 | 6.78 | -31.4% |
| 2001 | 6.55 | -3.4% |
| 2003 | 6.27 | -4.3% |
| 2004 | 6.73 | +7.3% |
| 2005 | 7.56 | +12.3% |
| 2006 | 7.23 | -4.4% |
| 2007 | 7.19 | -0.6% |
| 2008 | 7.12 | -1.0% |
| 2009 | 7.21 | +1.3% |
| 2010 | 8.04 | +11.5% |
| 2011 | 7.68 | -4.5% |
| 2012 | 7.05 | -8.2% |
| 2014 | 7.09 | +0.6% |
| 2015 | 4.43 | -37.5% |
| 2017 | 8.72 | +96.8% |
| 2018 | 12.08 | +38.5% |
| 2019 | 13.3 | +10.1% |
| 2020 | 6.28 | -52.8% |
| 2021 | 4.36 | -30.6% |
Sri Lanka compared with similar countries
- Sri Lanka's 4.36 is above the median for upper middle income countries, which is 4.04, 1.1× the median. (53 countries reporting)
- Sri Lanka's 4.36 is below the median for South Asia, which is 7.68, 57% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Tariff rates in Sri Lanka 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 |
|---|---|---|---|
| 2017 | +96.8% | 4.43 | 8.72 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.42 | 9.89 | 31.22 | 5 |
| 2000s | 6.96 | 6.27 | 7.56 | 9 |
| 2010s | 8.55 | 4.43 | 13.3 | 8 |
| 2020s | 5.32 | 4.36 | 6.28 | 2 |
Countries ranked near Sri Lanka
More reference data data for Sri Lanka
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1608 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.316 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1784 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.539 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1604 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.15 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9713 (2050)
Frequently asked questions
- What is tariff rates in Sri Lanka?
- Tariff rates in Sri Lanka was 4.36 in 2021, according to Our World in Data.
- What is the highest tariff rates recorded in Sri Lanka?
- The highest recorded value was 31.22 in 1993.
- What is the lowest tariff rates recorded in Sri Lanka?
- The lowest recorded value was 4.36 in 2021.
- How does Sri Lanka rank for tariff rates?
- Sri Lanka ranks 88th out of 184 countries with data for 2021.
- Is tariff rates rising or falling in Sri Lanka?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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 — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).