Bolivia Lowest Average Tariff Rate 2022: 5.08 %
Bolivia's lowest average tariff rate in 2022 is 5.08 %, down 0.8% from 2021. It ranks #59 of 142 countries.
Explore countries with the lowest average applied tariff rates, indicating open trade policies and fewer trade barriers.
Source (2022): Tariff rate, applied, weighted mean, all products (%) | Data
Lowest Average Tariff Rate over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2022 | 5.08 % | 0.04 % | -0.78% | |
| 2021 | 5.12 % | 0.06 % | -1.16% | |
| 2020 | 5.18 % | +0.45 % | +9.51% | |
| 2019 | 4.73 % | 0 % | 0.00% | |
| 2018 | 4.73 % | 1.37 % | -22.46% | |
| 2017 | 6.1 % | +1.35 % | +28.42% | |
| 2016 | 4.75 % | 0 % | 0.00% | |
| 2015 | 4.75 % | +0.26 % | +5.79% | |
| 2014 | 4.49 % | +0.26 % | +6.15% | |
| 2013 | 4.23 % | +0.37 % | +9.59% | |
| 2012 | 3.86 % | 0.19 % | -4.69% | |
| 2011 | 4.05 % | 1.52 % | -27.29% | |
| 2010 | 5.57 % | +1.78 % | +46.97% | |
| 2009 | 3.79 % | 0.25 % | -6.19% | |
| 2008 | 4.04 % | 0.29 % | -6.70% | |
| 2007 | 4.33 % | +0.16 % | +3.84% | |
| 2006 | 4.17 % | 1.4 % | -25.13% | |
| 2005 | 5.57 % | +0.09 % | +1.64% | |
| 2004 | 5.48 % | 3.08 % | -35.98% | |
| 2003 | 8.56 % | 0.69 % | -7.46% | |
| 2002 | 9.25 % | +0.54 % | +6.20% | |
| 2001 | 8.71 % | — | — |
Frequently Asked Questions About Bolivia Lowest Average Tariff Rate
What is Bolivia's lowest average tariff rate in 2022?▾
Bolivia's lowest average tariff rate is 5.08 % in 2022, according to Tariff rate, applied, weighted mean, all products (%) | Data.
Is Bolivia's lowest average tariff rate increasing or decreasing?▾
Bolivia's lowest average tariff rate fell by 0.8% from 2021 (5.12 %) to 2022 (5.08 %). Over the past decade (2012–2022) it rose by 31.6%.
How does Bolivia rank for lowest average tariff rate?▾
In 2022, Bolivia has the 59th highest lowest average tariff rate out of 142 countries with data.
What was Bolivia's lowest average tariff rate in 2001?▾
In 2001, Bolivia's lowest average tariff rate was 8.71 %. By 2022 it fell by 41.7%.
Explore additional statistical insights
Agriculture Value Added as a Share of GDP by Country in Bolivia
Explore the agriculture value added as a share of GDP by country, measuring the economic impact of farming sectors. This statistic highlights the importance of agriculture in national economies and informs investment decisions.
Currently married (Percent) in Bolivia
The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.
Gross Domestic Product (GDP) by Country in Current US Dollars in Bolivia
Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.
Life expectancy at birth in Bolivia
Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.
Median age of population in Bolivia
The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.
Percentage of land area by degree of urbanization in Bolivia
Explore the percentage of land area by degree of urbanization, highlighting how urban development shapes countries' landscapes and influences economic growth. Understanding this statistic reveals the balance between urban and rural spaces, essential for sustainable planning.