Tariff rates in Vietnam

Vietnam: Tariff rates was 1.07 in 2022. ◆ Volatile

Latest (2022)
1.07
Change on year
down 8.5%
World rank
172nd
of 184 countries
All-time high
19.2
in 1999
All-time low
1.07
in 2022
Years of data
23
1994–2022

Tariff rates in Vietnam, 1994–2022

051015201994200820221994: 15.21999: 19.22001: 15.32002: 14.72003: 11.82004: 11.72005: 11.32006: 10.22007: 9.12008: 52009: 6.82010: 52012: 3.62013: 3.52014: 3.42015: 3.12016: 2.92017: 2.72018: 4.42019: 1.72020: 1.32021: 1.22022: 1.1

Source: Our World in Data.

Analysis

Vietnam recorded 1.07 for tariff rates in 2022. That is the lowest value across all 23 years on record.

Compared with earlier readings it is down 8.5% on the previous year and down 70.7% over ten years.

Over the whole period, tariff rates in Vietnam peaked at 19.2 in 1999 and was at its lowest, 1.07, in 2022.

Vietnam ranks 172nd of 184 countries on this measure, in the bottom quarter.

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

Tariff rates in Vietnam, year by year

Annual values for Tariff rates in Vietnam, 1994 to 2022.
Year Value Change
1994 15.19 —
1999 19.2 +26.4%
2001 15.29 -20.4%
2002 14.73 -3.7%
2003 11.79 -20.0%
2004 11.69 -0.8%
2005 11.35 -2.9%
2006 10.21 -10.0%
2007 9.13 -10.6%
2008 5.03 -44.9%
2009 6.76 +34.4%
2010 5.02 -25.7%
2012 3.65 -27.3%
2013 3.54 -3.0%
2014 3.43 -3.1%
2015 3.14 -8.5%
2016 2.86 -8.9%
2017 2.69 -5.9%
2018 4.39 +63.2%
2019 1.66 -62.2%
2020 1.34 -19.3%
2021 1.17 -12.7%
2022 1.07 -8.5%

Vietnam compared with similar countries

  • Vietnam's 1.07 is below the median for upper middle income countries, which is 4.04, 26% of the median. (53 countries reporting)
  • Vietnam's 1.07 is below the median for East Asia & Pacific, which is 2.97, 36% of the median. (28 countries reporting)

Biggest year-on-year movements

Years where Tariff rates in Vietnam 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
2018 +63.2% 2.69 4.39

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.2 15.19 19.2 2
2000s 10.66 5.03 15.29 9
2010s 3.38 1.66 5.02 9
2020s 1.19 1.07 1.34 3

Countries ranked near Vietnam

  1. 169 Seychelles 1.27 compare
  2. 170 Mauritius 1.2 compare
  3. 171 Moldova 1.16 compare
  4. 173 United Kingdom 1 compare
  5. 174 Australia 0.99 compare
  6. 175 Myanmar 0.82 compare

See the full ranking of 184 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is tariff rates in Vietnam?
Tariff rates in Vietnam was 1.07 in 2022, according to Our World in Data.
What is the highest tariff rates recorded in Vietnam?
The highest recorded value was 19.2 in 1999.
What is the lowest tariff rates recorded in Vietnam?
The lowest recorded value was 1.07 in 2022.
How does Vietnam rank for tariff rates?
Vietnam ranks 172nd out of 184 countries with data for 2022.
Is tariff rates rising or falling in Vietnam?
Over the last ten years it is down 70.7%. The long-run trend across the full record is volatile.
Where does this Vietnam 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 Vietnam. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/tariff-rates/viet-nam/

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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