Average tariff applied by developed countries … most-favored in Bahamas

Bahamas: Average tariff applied by developed countries … most-favored was 1.0% in 2024. ◆ Volatile

Latest (2024)
1.0%
Change on year
up 0.0%
World rank
224th
of 236 countries
All-time high
7.6%
in 2000
All-time low
0.6%
in 2015
Years of data
17
2000–2024

Average tariff applied by developed countries, most-favored nation in Bahamas, 2000–2024

024682000201220242000: 7.62005: 12010: 12011: 12012: 0.5982013: 0.5992014: 0.5962015: 0.5932016: 0.6162017: 0.6152018: 0.6122019: 12020: 12021: 12022: 12023: 12024: 1

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, average tariff applied by developed countries, most-favored nation in Bahamas stood at 1.0%.

That represents a change of up 70.4% over ten years.

Over the whole period, average tariff applied by developed countries, most-favored nation in Bahamas peaked at 7.6% in 2000 and was at its lowest, 0.6%, in 2015.

That places Bahamas 224th out of 236 countries with data for 2024, putting it in the bottom quarter.

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

Average tariff applied by developed countries … most-favored in Bahamas, year by year

Annual values for Average tariff applied by developed countries, most-favored nation status, by type of product (%) in Bahamas, 2000 to 2024.
Year Value Change
2000 7.6% —
2005 1.0% -86.3%
2010 1.0% -2.5%
2011 1.0% -0.4%
2012 0.6% -41.0%
2013 0.6% +0.2%
2014 0.6% -0.5%
2015 0.6% -0.5%
2016 0.6% +3.7%
2017 0.6% -0.1%
2018 0.6% -0.4%
2019 1.0% +67.3%
2020 1.0% -0.1%
2021 1.0% +0.1%
2022 1.0% -0.7%
2023 1.0% -0.2%
2024 1.0% +0.0%

Bahamas compared with similar countries

  • Bahamas's 1.0% is below the median for high income countries, which is 9.1%, 11% of the median. (75 countries reporting)
  • Bahamas's 1.0% is below the median for Latin America & Caribbean, which is 6.5%, 16% of the median. (37 countries reporting)

Biggest year-on-year movements

Years where Average tariff applied by developed countries … most-favored in Bahamas 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
2005 -86.3% 7.6% 1.0%
2019 +67.3% 0.6% 1.0%
2012 -41.0% 1.0% 0.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.3% 1.0% 7.6% 2
2010s 0.7% 0.6% 1.0% 10
2020s 1.0% 1.0% 1.0% 5

Countries ranked near Bahamas

  1. 222 Benin 1.1% compare
  2. 223 Mongolia 1.0% compare
  3. 225 Liberia 1.0% compare
  4. 226 Sao Tome and Principe 0.9% compare
  5. 227 Chad 0.9% compare

See the full ranking of 243 places →

More development goals data for Bahamas

All data for Bahamas →

Frequently asked questions

What is average tariff applied by developed countries, most-favored nation in Bahamas?
Average tariff applied by developed countries, most-favored nation in Bahamas was 1.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest average tariff applied by developed countries, most-favored nation recorded in Bahamas?
The highest recorded value was 7.6% in 2000.
What is the lowest average tariff applied by developed countries, most-favored nation recorded in Bahamas?
The lowest recorded value was 0.6% in 2015.
How does Bahamas rank for average tariff applied by developed countries, most-favored nation?
Bahamas ranks 224th out of 236 countries with data for 2024.
Is average tariff applied by developed countries, most-favored nation rising or falling in Bahamas?
Over the last ten years it is up 70.4%. The long-run trend across the full record is volatile.
Where does this Bahamas data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average tariff applied by developed countries, most-favored nation status, by type of product (%). Statizoid updates them automatically from the source API.

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Average tariff applied by developed countries, most-favored nation in Bahamas. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 October 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-most-favored-nation-status-by-type-of/bahamas-the/

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About this data

Indicator
Average tariff applied by developed countries, most-favored nation status, by type of product (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
243 places, 4,131 data points, 2000–2024
Last refreshed