Worldwide weighted tariff-average, preferential status, by type of in Bermuda

Bermuda: Worldwide weighted tariff-average, preferential status, by type of was 31.4% in 2024. ▲ Rising

Latest (2024)
31.4%
Change on year
up 2.1%
World rank
3rd
of 138 countries
All-time high
40.4%
in 2021
All-time low
22.4%
in 2010
Years of data
12
2005–2024

Worldwide weighted tariff-average, preferential status, by type of in Bermuda, 2005–2024

0102030402005201420242005: 27.52010: 22.42015: 242016: 29.72017: 30.32018: 402019: 37.62020: 36.52021: 40.42022: 25.42023: 30.82024: 31.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for worldwide weighted tariff-average, preferential status, by type of in Bermuda is 31.4%, measured in 2024.

The figure is up 2.1% on the previous year and up 30.8% over ten years.

Over the whole period, worldwide weighted tariff-average, preferential status, by type of in Bermuda peaked at 40.4% in 2021 and was at its lowest, 22.4%, in 2010.

That places Bermuda 3rd out of 138 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 12 years of available data.

Worldwide weighted tariff-average, preferential status, by type of in Bermuda, year by year

Annual values for Worldwide weighted tariff-average, preferential status, by type of product (%) in Bermuda, 2005 to 2024.
Year Value Change
2005 27.5%
2010 22.4% -18.6%
2015 24.0% +7.4%
2016 29.7% +23.6%
2017 30.3% +2.1%
2018 40.0% +32.0%
2019 37.6% -6.0%
2020 36.5% -2.9%
2021 40.4% +10.7%
2022 25.4% -37.1%
2023 30.8% +21.0%
2024 31.4% +2.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.5% 27.5% 27.5% 1
2010s 30.7% 22.4% 40.0% 6
2020s 32.9% 25.4% 40.4% 5

Countries ranked near Bermuda

  1. 1 Belize 185.8% compare
  2. 2 Republic of Korea 62.1% compare
  3. 4 Morocco 30.5% compare
  4. 5 Thailand 29.8% compare
  5. 6 Kenya 25.4% compare

See the full ranking of 188 places →

More development goals data for Bermuda

All data for Bermuda →

Frequently asked questions

What is worldwide weighted tariff-average, preferential status, by type of in Bermuda?
Worldwide weighted tariff-average, preferential status, by type of in Bermuda was 31.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest worldwide weighted tariff-average, preferential status, by type of recorded in Bermuda?
The highest recorded value was 40.4% in 2021.
What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in Bermuda?
The lowest recorded value was 22.4% in 2010.
How does Bermuda rank for worldwide weighted tariff-average, preferential status, by type of?
Bermuda ranks 3rd out of 138 countries with data for 2024.
Is worldwide weighted tariff-average, preferential status, by type of rising or falling in Bermuda?
Over the last ten years it is up 30.8%. The long-run trend across the full record is rising.
Where does this Bermuda data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Worldwide weighted tariff-average, preferential status, by type of product (%). Statizoid updates them automatically from the source API.

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Worldwide weighted tariff-average, preferential status, by type of in Bermuda. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 22 August 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-preferential-status-by-type-of-product-percent/bermuda/

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About this data

Indicator
Worldwide weighted tariff-average, preferential status, by type of product (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
188 places, 2,110 data points, 2005–2024
Last refreshed