Average tariff applied by developed countries … preferential in Bahamas
Bahamas: Average tariff applied by developed countries … preferential was 0.5% in 2024. ◆ Volatile
Average tariff applied by developed countries, preferential status in Bahamas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, average tariff applied by developed countries, preferential status in Bahamas stood at 0.5%.
The figure is up 111.6% over ten years.
Over the whole period, average tariff applied by developed countries, preferential status in Bahamas peaked at 2.1% in 2000 and was at its lowest, 0.2%, in 2015.
That places Bahamas 199th 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 … preferential in Bahamas, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.1% | — |
| 2005 | 0.7% | -68.4% |
| 2010 | 0.3% | -47.3% |
| 2011 | 0.3% | +0.0% |
| 2012 | 0.2% | -35.1% |
| 2013 | 0.2% | +0.1% |
| 2014 | 0.2% | -1.4% |
| 2015 | 0.2% | -0.0% |
| 2016 | 0.2% | +1.1% |
| 2017 | 0.2% | +1.2% |
| 2018 | 0.2% | -1.2% |
| 2019 | 0.5% | +111.5% |
| 2020 | 0.5% | -0.0% |
| 2021 | 0.5% | +0.1% |
| 2022 | 0.5% | -0.7% |
| 2023 | 0.5% | -0.3% |
| 2024 | 0.5% | +0.0% |
Bahamas compared with similar countries
- Bahamas's 0.5% is below the median for high income countries, which is 5.3%, 9% of the median. (75 countries reporting)
- Bahamas's 0.5% is below the median for Latin America & Caribbean, which is 2.5%, 19% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Average tariff applied by developed countries … preferential 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.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +111.5% | 0.2% | 0.5% |
| 2005 | -68.4% | 2.1% | 0.7% |
| 2010 | -47.3% | 0.7% | 0.3% |
| 2012 | -35.1% | 0.3% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | 0.7% | 2.1% | 2 |
| 2010s | 0.3% | 0.2% | 0.5% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 5 |
Countries ranked near Bahamas
More development goals data for Bahamas
- Red List Index 0.7348 (2025)
- Number of refugees per 100,000 population, by country of origin 310.18 (2025)
- Manufacturing value added per capita 81.32 (2025)
- Number of transboundary breeds 1 (2025)
- Number of transboundary breeds (not extinct) 1 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 1 (2025)
- Number of local breeds (not extinct) 1 (2025)
- Number of local breeds kept in the country 1 (2025)
- Infant deaths 48 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, preferential status in Bahamas?
- Average tariff applied by developed countries, preferential status in Bahamas was 0.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average tariff applied by developed countries, preferential status recorded in Bahamas?
- The highest recorded value was 2.1% in 2000.
- What is the lowest average tariff applied by developed countries, preferential status recorded in Bahamas?
- The lowest recorded value was 0.2% in 2015.
- How does Bahamas rank for average tariff applied by developed countries, preferential status?
- Bahamas ranks 199th out of 236 countries with data for 2024.
- Is average tariff applied by developed countries, preferential status rising or falling in Bahamas?
- Over the last ten years it is up 111.6%. 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, preferential status, by type of product (%). Statizoid updates them automatically from the source API.
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