Cayman Islands Lowest Average Tariff Rate 2021: 20.39 %
Cayman Islands's lowest average tariff rate in 2021 is 20.39 %, up 21.9% from 2016. It ranks #2 of 156 countries.
Explore countries with the lowest average applied tariff rates, indicating open trade policies and fewer trade barriers.
Source (2021): Tariff rate, applied, weighted mean, all products (%) | Data
Lowest Average Tariff Rate over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2021 | 20.39 % | +3.67 % | +21.95% | |
| 2016 | 16.72 % | — | — |
Frequently Asked Questions About Cayman Islands Lowest Average Tariff Rate
What is Cayman Islands's lowest average tariff rate in 2021?▾
Cayman Islands's lowest average tariff rate is 20.39 % in 2021, according to Tariff rate, applied, weighted mean, all products (%) | Data.
Is Cayman Islands's lowest average tariff rate increasing or decreasing?▾
Cayman Islands's lowest average tariff rate rose by 21.9% from 2016 (16.72 %) to 2021 (20.39 %).
How does Cayman Islands rank for lowest average tariff rate?▾
In 2021, Cayman Islands has the 2nd highest lowest average tariff rate out of 156 countries with data.
What was Cayman Islands's lowest average tariff rate in 2016?▾
In 2016, Cayman Islands's lowest average tariff rate was 16.72 %. By 2021 it rose by 21.9%.
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