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

Mongolia - MFN Simple Average Tariff (%) 5.21

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

Latest value

5.21 (2021)

Global rank

##23 of 180 economies

vs global median

0.7×

Growth since 1997

0.35×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#36#232015 overtook Saudi Arabia2018 overtook Bahrain
MongoliaMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Mongolia climbed from #36 to #23 (overtook Saudi Arabia). Gaps in a lane = missing data that year.

Key events for Mongolia ↓

Key Events — Mongolia

Auto-detected from rank data + curated milestones

1998
Climbed 34 places in global rank auto
2001
Fell 24 places in global rank auto
2015
Overtook Saudi Arabia in global rank auto
2018
Overtook Bahrain in global rank auto

MFN Simple Average Tariff (%), 1997-2021

World Bank WITS · % · linear scale · ranking in the race above
1997200720172021051015
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