24Peaks / South America / Brazil / MFN Simple Average Tariff (%)

Brazil - MFN Simple Average Tariff (%) 13.5

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

Latest value

13.5 (2023)

Global rank

##93 of 180 economies

vs global median

2.0×

Growth since 1989

0.31×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#20#39#58#77#96#11519881993199820032008201320182023#5#932022 overtook Liberia2023 overtook Argentina
BrazilMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Brazil climbed from #5 to #93 (overtook Liberia). Gaps in a lane = missing data that year.

Key events for Brazil ↓

Key Events — Brazil

Auto-detected from rank data + curated milestones

1994
Real Plan curated

New currency ends hyperinflation and stabilises the economy.

2002
Emerging-market crisis curated

Currency and debt fears peak ahead of the 2002 election.

2015
Deep recession curated

GDP contracts for two consecutive years amid political turmoil.

2020
COVID-19 recession curated

Pandemic and commodity shock hit output hard.

2022
Overtook Liberia in global rank auto
2023
Overtook Argentina in global rank auto

MFN Simple Average Tariff (%), 1989-2023

World Bank WITS · % · linear scale · ranking in the race above
1989199920092019202312.3522.933.4644.02
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.