Papua New Guinea's tariff rate, applied, weighted mean, primary products (%) was 7.73% in 2021, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 7.73% | 2021 |
| Highest | 24.56% | 2019 |
| Lowest | 2.54% | 2007 |
| Average since 2012 | 10.04% | 2012–2021 |
| First recorded | 19.42% | 1997 |
Since 1997 it is down 11.69 percentage points from 19.42% in 1997. The World Bank has no value for 6 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2021, Papua New Guinea's tariff rate, applied, weighted mean, primary products (%) fell 0.16 percentage points on 2020 (from 7.89% to 7.73%).
Across the 14 yearly changes before that (2000 to 2020), the average change was −1.33 percentage points and a typical year strayed about 7.04 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 12.74 percentage points in 2019 and the biggest yearly fall was 16.67 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Papua New Guinea had the 8th highest value of the 21 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Papua New Guinea in the 2021 ranking
- Sri Lanka — 5th of 21: 11.03%
- Malawi — 6th of 21: 9.04%
- Zimbabwe — 7th of 21: 9%
- Morocco — 9th of 21: 7.37%
- United Arab Emirates — 10th of 21: 5.13%
- Russian Federation — 11th of 21: 4.23%
What this measures
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
All 19 values
| Year | Tariff rate, applied, weighted mean, primary products (%) |
|---|---|
| 2021 | 7.73 |
| 2020 | 7.89 |
| 2019 | 24.56 |
| 2018 | 11.82 |
| 2017 | no data |
| 2016 | no data |
| 2015 | no data |
| 2014 | no data |
| 2013 | 4.16 |
| 2012 | 4.07 |
| 2011 |
Tariff rate, applied, weighted mean, primary products (%) in nearby economies
- Australia — 0.8% (2022)
- Brunei Darussalam — 0% (2022)
- Cambodia — 6.44% (2022)
- China — 2% (2022)
- Fiji — 17.59% (2021)
- French Polynesia — 3.41% (2021)
- Hong Kong SAR, China — 0% (2022)
- Indonesia — 2.13% (2022)
- Japan — 2.53% (2022)
More trade data for Papua New Guinea
- Import volume index (2015 = 100) — 145.8 (2024)
- Import value index (2015 = 100) — 183.6 (2024)
- Net barter terms of trade index (2015 = 100) — 131.2 (2024)
- Export volume index (2015 = 100) — 95.9 (2024)
- Export value index (2015 = 100) — 158.6 (2024)
- Binding coverage, manufactured products (%) — 100% (2021)
- Bound rate, simple mean, manufactured products (%) — 29.45% (2021)
- Tariff rate, applied, simple mean, manufactured products (%) — 2.62% (2021)
- Tariff rate, most favored nation, simple mean, manufactured products (%)
Reading data like this
Questions people ask
- What is Papua New Guinea's tariff rate, applied, weighted mean, primary products (%)?
- 7.73% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1997?
- It is down 11.69 percentage points from 19.42% in 1997. The highest value was 24.56% in 2019 and the lowest 2.54% in 2007.
- How does Papua New Guinea rank?
- 8th highest of 21 economies with data for 2021.
- Is the latest change in tariff rate, applied, weighted mean, primary products (%) unusual for Papua New Guinea?
Source
World Bank, World Development Indicators, indicator TM.TAX.TCOM.WM.AR.ZS, licensed CC BY 4.0. Original source: Staff estimates; World Integrated Trade Solution system (WITS), World Bank (WB); Trade Analysis and Information System (TRAINS), UN Conference on Trade and Development (UNCTAD); Integrated Data Base (IDB), World Trade Organization (WTO); Consolidated Tariff Schedules (CTS), World Trade Organization… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in