Seychelles's tariff rate, applied, simple mean, primary products (%) was 6.83% in 2022, the latest year in the World Bank's World Development Indicators. That is up 0.77 percentage points from 6.06% in 2017.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 6.83% | 2022 |
| Five years earlier | 6.06% | 2017 |
| Highest | 46.08% | 2000 |
| Lowest | 5.59% | 2015 |
| Average since 2015 | 11.22% | 2015–2022 |
| First recorded | 46.08% | 2000 |
Over five years it is up 0.77 percentage points from 6.06% in 2017. Since 2000 it is down 39.25 percentage points from 46.08% in 2000. The World Bank has no value for 10 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2022, Seychelles' tariff rate, applied, simple mean, primary products (%) rose 0.67 percentage points on 2021 (from 6.16% to 6.83%).
Across the 9 yearly changes before that (2001 to 2021), the average change was −0.38 percentage points and a typical year strayed about 18.33 percentage points from that (the standard deviation). This year's change was 0.1 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 34.84 percentage points in 2019 and the biggest yearly fall was 37.77 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.
From 2015 to 2022 there is no clear straight-line trend: a straight line explains 1% of the movement over 8 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2022, Seychelles had the 65th highest value of the 139 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 Seychelles in the 2022 ranking
What this measures
Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
All 13 values
| Year | Tariff rate, applied, simple mean, primary products (%) |
|---|---|
| 2022 | 6.83 |
| 2021 | 6.16 |
| 2020 | 6.11 |
| 2019 | 43.88 |
| 2018 | 9.04 |
| 2017 | 6.06 |
| 2016 | 6.11 |
| 2015 | 5.59 |
| 2014 | no data |
| 2013 | no data |
| 2012 |
Tariff rate, applied, simple mean, primary products (%) in nearby economies
- Angola — 21.9% (2022)
- Benin — 14.48% (2022)
- Botswana — 4.85% (2022)
- Burkina Faso — 11.58% (2022)
- Burundi — 18.6% (2022)
- Cabo Verde — 16.75% (2022)
- Cameroon — 22.96% (2022)
- Central African Republic — 25.47% (2022)
- Chad — 24.11% (2022)
- Comoros
More trade data for Seychelles
- Import volume index (2015 = 100) — 126.4 (2024)
- Import value index (2015 = 100) — 148.8 (2024)
- Net barter terms of trade index (2015 = 100) — 90.3 (2024)
- Export volume index (2015 = 100) — 134.1 (2024)
- Export value index (2015 = 100) — 142.6 (2024)
- Tariff rate, applied, simple mean, manufactured products (%) — 0.7% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 0.87% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 0.17% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%)
Reading data like this
Questions people ask
- What is Seychelles's tariff rate, applied, simple mean, primary products (%)?
- 6.83% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 39.25 percentage points from 46.08% in 2000. The highest value was 46.08% in 2000 and the lowest 5.59% in 2015.
- How does Seychelles rank?
- 65th highest of 139 economies with data for 2022.
- Is the latest change in tariff rate, applied, simple mean, primary products (%) unusual for Seychelles?
- In 2022, Seychelles' tariff rate, applied, simple mean, primary products (%) rose 0.67 percentage points on 2021 (from 6.16% to 6.83%). Across the 9 yearly changes before that (2001 to 2021), the average change was −0.38 percentage points and a typical year strayed about 18.33 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TM.TAX.TCOM.SM.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.
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