Average tariff applied by developed countries … most-favored in Barbados
Barbados: Average tariff applied by developed countries … most-favored was 2.6% in 2024. ◆ Volatile
Average tariff applied by developed countries, most-favored nation in Barbados, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, average tariff applied by developed countries, most-favored nation in Barbados stood at 2.6%.
Compared with earlier readings it is up 0.2% on the previous year and down 12.2% over ten years.
Over the whole period, average tariff applied by developed countries, most-favored nation in Barbados peaked at 25.7% in 2000 and was at its lowest, 2.5%, in 2019.
Barbados ranks 185th of 236 countries on this measure, 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 Barbados, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 25.7% | — |
| 2005 | 24.0% | -6.6% |
| 2010 | 24.0% | -0.1% |
| 2011 | 24.0% | -0.0% |
| 2012 | 2.9% | -87.9% |
| 2013 | 2.9% | +0.4% |
| 2014 | 2.9% | +0.0% |
| 2015 | 2.9% | -0.0% |
| 2016 | 2.9% | +1.4% |
| 2017 | 2.9% | -1.2% |
| 2018 | 2.9% | -1.7% |
| 2019 | 2.5% | -11.5% |
| 2020 | 2.5% | +0.2% |
| 2021 | 2.5% | +0.1% |
| 2022 | 2.6% | +0.5% |
| 2023 | 2.6% | -0.2% |
| 2024 | 2.6% | +0.2% |
Barbados compared with similar countries
- Barbados's 2.6% is below the median for high income countries, which is 9.1%, 28% of the median. (75 countries reporting)
- Barbados's 2.6% is below the median for Latin America & Caribbean, which is 6.5%, 39% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Average tariff applied by developed countries … most-favored in Barbados 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 |
|---|---|---|---|
| 2012 | -87.9% | 24.0% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.8% | 24.0% | 25.7% | 2 |
| 2010s | 7.1% | 2.5% | 24.0% | 10 |
| 2020s | 2.6% | 2.5% | 2.6% | 5 |
Countries ranked near Barbados
- 182 Ethiopia 2.9% compare
- 183 Bolivia (Plurinational State of) 2.9% compare
- 184 Martinique 2.8% compare
- 186 Guinea 2.5% compare
- 187 Nigeria 2.5% compare
- 188 Iran (Islamic Republic of) 2.4% compare
More development goals data for Barbados
- Red List Index 0.7762 (2025)
- Number of refugees per 100,000 population, by country of origin 130.75 (2025)
- Manufacturing value added per capita 1,176 (2025)
- Number of transboundary breeds 23 (2025)
- Number of transboundary breeds (not extinct) 21 (2025)
- Number of transboundary breeds with unknown risk status 21 (2025)
- Number of local breeds with unknown risk status 6 (2025)
- Number of local breeds (not extinct) 6 (2025)
- Number of local breeds kept in the country 6 (2025)
- Infant deaths 28 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, most-favored nation in Barbados?
- Average tariff applied by developed countries, most-favored nation in Barbados was 2.6% 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 Barbados?
- The highest recorded value was 25.7% in 2000.
- What is the lowest average tariff applied by developed countries, most-favored nation recorded in Barbados?
- The lowest recorded value was 2.5% in 2019.
- How does Barbados rank for average tariff applied by developed countries, most-favored nation?
- Barbados ranks 185th out of 236 countries with data for 2024.
- Is average tariff applied by developed countries, most-favored nation rising or falling in Barbados?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is volatile.
- Where does this Barbados 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.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).