24Peaks / Asia / Japan / MFN Simple Average Tariff (%)

Japan - MFN Simple Average Tariff (%) 4.25

World Bank WITS · updated 2026-10-03 · 180 economies tracked

Latest value

4.25 (2023)

Global rank

##11 of 180 economies

vs global median

0.6×

Growth since 1988

0.74×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#1#112010 overtook Canada2021 overtook Bahrain
JapanMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Japan climbed from #1 to #11 (overtook Canada). Gaps in a lane = missing data that year.

Key events for Japan ↓

Key Events — Japan

Auto-detected from rank data + curated milestones

1991
Asset bubble bursts curated

Equity and land prices collapse, opening the lost decades.

2002
Fell 16 places in global rank auto
2003
Climbed 16 places in global rank auto
2010
Overtook Canada in global rank auto
2011
Earthquake, tsunami, nuclear crisis curated

Triple disaster disrupts supply chains and energy supply.

2014
Fell 15 places in global rank auto
2021
Overtook Bahrain in global rank auto

MFN Simple Average Tariff (%), 1988-2023

World Bank WITS · % · linear scale · ranking in the race above
19881998200820233.084.185.296.39
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