Average tariff applied by developed countries, preferential status in Bermuda

Bermuda: Average tariff applied by developed countries, preferential status was 4.5% in 2024. β–Ό Falling

Latest (2024)
4.5%
Change on year
up 0.1%
World rank
81st
of 219 countries
All-time high
11.0%
in 2000
All-time low
1.4%
in 2019
Years of data
17
2000–2024

Average tariff applied by developed countries, preferential status in Bermuda, 2000–2024

2468102000201220242000: 11 %2005: 5.8 %2010: 5.4 %2011: 5.4 %2012: 4.5 %2013: 4.5 %2014: 4.6 %2015: 4.5 %2016: 4.6 %2017: 4.6 %2018: 1.4 %2019: 1.4 %2020: 1.4 %2021: 4.6 %2022: 4.5 %2023: 4.5 %2024: 4.5 %

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 81st out of 219 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 78 Georgia 4.8% compare
  2. 79 Poland 4.8% compare
  3. 80 Andorra 4.6% compare
  4. 82 Hungary 4.5% compare
  5. 83 Russian Federation 4.5% compare
  6. 84 Tonga 4.3% compare

See the full ranking of 229 places β†’

More development goals data for Bermuda

All data for Bermuda β†’

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 81st out of 219 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.

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Average tariff applied by developed countries, preferential status in Bermuda. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-preferential-status-by-type-of-product/bermuda/

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About this data

Indicator
Average tariff applied by developed countries, preferential status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
229 places, 3,893 data points, 2000–2024
Last refreshed