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

Singapore - MFN Simple Average Tariff (%) 0.07

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

Latest value

0.07 (2023)

Global rank

##2 of 180 economies

vs global median

0.0×

Growth since 1989

0.03×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#1#22012 overtook Macao SAR, China2020 overtook Brunei Darussalam
SingaporeMacao SAR, ChinaMauritiusNew ZealandPeru

Real annual global ranks, 1988 - 2023. Singapore climbed from #1 to #2 (overtook Macao SAR, China). Gaps in a lane = missing data that year.

Key events for Singapore ↓

Key Events — Singapore

Auto-detected from rank data + curated milestones

2012
Overtook Macao SAR, China in global rank auto
2020
Overtook Brunei Darussalam in global rank auto

MFN Simple Average Tariff (%), 1989-2023

World Bank WITS · % · linear scale · ranking in the race above
1989199920092019202300.921.852.77
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