Vanuatu: Tariff rate, applied, simple mean, manufactured products (%)

Key figures

What the numbers say

In 2022, Vanuatu's tariff rate, applied, simple mean, manufactured products (%) rose 0.21 percentage points on 2021 (from 9.13% to 9.34%).

Across the 10 yearly changes before that (2003 to 2021), the average change was −0.1 percentage points and a typical year strayed about 0.4 percentage points from that (the standard deviation). This year's change was 0.8 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 0.72 percentage points in 2007 and the biggest yearly fall was 0.82 percentage points in 2021. 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 2022, Vanuatu had the 46th 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 Vanuatu in the 2022 ranking

• Belize — 43rd of 139: 10.04%
• Bolivia — 44th of 139: 9.97%
• Madagascar — 45th of 139: 9.69%
• India — 47th of 139: 9%
• Suriname — 48th of 139: 8.94%
• Azerbaijan — 49th of 139: 8.79%

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

All 15 values

Tariff rate, applied, simple mean, manufactured products (%) in nearby economies

• Australia — 2.12% (2022)
• Brunei Darussalam — 0.19% (2022)
• Cambodia — 11.99% (2022)
• China — 5.21% (2022)
• Fiji — 6.24% (2021)
• French Polynesia — 8.08% (2021)
• Hong Kong SAR, China — 0% (2022)
• Indonesia — 5.78% (2022)
• Japan — 0.97% (2022)

More trade data for Vanuatu

• Import volume index (2015 = 100) — 131.3 (2024)
• Import value index (2015 = 100) — 164.1 (2024)
• Net barter terms of trade index (2015 = 100) — 107.7 (2024)
• Export volume index (2015 = 100) — 116.8 (2024)
• Export value index (2015 = 100) — 157.2 (2024)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 7.62% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 9.11% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 9.11% (2022)
• Tariff rate, applied, simple mean, all products (%) — 11.47% (2022)

Reading data like this

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Questions people ask

What is Vanuatu's tariff rate, applied, simple mean, manufactured products (%)?

9.34% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is down 7.12 percentage points from 16.46% in 2002. The highest value was 16.7% in 2008 and the lowest 8.66% in 2017.

How does Vanuatu rank?

46th highest of 139 economies with data for 2022.

Is the latest change in tariff rate, applied, simple mean, manufactured products (%) unusual for Vanuatu?

In 2022, Vanuatu's tariff rate, applied, simple mean, manufactured products (%) rose 0.21 percentage points on 2021 (from 9.13% to 9.34%). Across the 10 yearly changes before that (2003 to 2021), the average change was −0.1 percentage points and a typical year strayed about 0.4 percentage points from that (the standard deviation). This year's change was 0.8 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.MANF.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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