Average tariff applied by developed countries, preferential status in Bermuda
Bermuda: Average tariff applied by developed countries, preferential status was 4.5% in 2024. ▼ Falling
Average tariff applied by developed countries, preferential status in Bermuda, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, average tariff applied by developed countries, preferential status in Bermuda stood at 4.5%.
Compared with earlier readings it is up 0.1% on the previous year and down 0.5% over ten years.
Over the whole period, average tariff applied by developed countries, preferential status in Bermuda peaked at 11.0% in 2000 and was at its lowest, 1.4%, in 2019.
That places Bermuda 89th out of 236 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Average tariff applied by developed countries, preferential status in Bermuda, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.0% | — |
| 2005 | 5.8% | -46.9% |
| 2010 | 5.4% | -7.4% |
| 2011 | 5.4% | -0.1% |
| 2012 | 4.5% | -16.4% |
| 2013 | 4.5% | -0.5% |
| 2014 | 4.6% | +1.5% |
| 2015 | 4.5% | -0.9% |
| 2016 | 4.6% | +1.3% |
| 2017 | 4.6% | +0.6% |
| 2018 | 1.4% | -69.8% |
| 2019 | 1.4% | -1.1% |
| 2020 | 1.4% | +0.9% |
| 2021 | 4.6% | +228.4% |
| 2022 | 4.5% | -0.6% |
| 2023 | 4.5% | +0.0% |
| 2024 | 4.5% | +0.1% |
Bermuda compared with similar countries
- Bermuda's 4.5% is below the median for high income countries, which is 5.3%, 85% of the median. (75 countries reporting)
Biggest year-on-year movements
Years where Average tariff applied by developed countries, preferential status in Bermuda 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 |
|---|---|---|---|
| 2021 | +228.4% | 1.4% | 4.6% |
| 2018 | -69.8% | 4.6% | 1.4% |
| 2005 | -46.9% | 11.0% | 5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 5.8% | 11.0% | 2 |
| 2010s | 4.1% | 1.4% | 5.4% | 10 |
| 2020s | 3.9% | 1.4% | 4.6% | 5 |
Countries ranked near Bermuda
More development goals data for Bermuda
- Red List Index 0.5764 index (2025)
- Number of refugees per 100,000 population, by country of origin 7.74 per 100,000 people (2025)
- Manufacturing value added per capita 384.98 constant US$ (2025)
- Number of transboundary breeds 3 (2025)
- Number of transboundary breeds (not extinct) 3 (2025)
- Number of transboundary breeds with unknown risk status 3 (2025)
- Number of local breeds with unknown risk status 2 (2025)
- Number of local breeds (not extinct) 2 (2025)
- Number of local breeds kept in the country 2 (2025)
- Alcohol consumption per capita (aged 15 years and older) within a 11 ltpureal (2024)
Frequently asked questions
- What is average tariff applied by developed countries, preferential status in Bermuda?
- Average tariff applied by developed countries, preferential status in Bermuda was 4.5% 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 Bermuda?
- The highest recorded value was 11.0% in 2000.
- What is the lowest average tariff applied by developed countries, preferential status recorded in Bermuda?
- The lowest recorded value was 1.4% in 2019.
- How does Bermuda rank for average tariff applied by developed countries, preferential status?
- Bermuda ranks 89th out of 236 countries with data for 2024.
- Is average tariff applied by developed countries, preferential status rising or falling in Bermuda?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is falling.
- Where does this Bermuda 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.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).