24Peaks / Economic / MFN Simple Average Tariff (%)

MFN Simple Average Tariff (%)

Bahamas, The, Bermuda, Bhutan, Sudan · 1988 - 2023 · source: World Bank WITS · updated 2026-10-03 · 180 economies

AI Insights

Latest 25-year picture: Bahamas, The (31.70, 2022) leads with 31.70 in 2022 (unit: %); Bermuda 23.61, Bhutan 21.88 follow. 180 economies tracked; leader trend is broadly stable over the recorded window. For investors this helps benchmark a country against the global leader and the regional pack.

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Frequently Asked Questions

What is MFN Simple Average Tariff (%)?

MFN Simple Average Tariff (%) is a cross-country economic indicator tracked by 24Peaks, compiled from World Bank WITS. The dataset covers 180 economies for 1988-2023.

What is the latest MFN Simple Average Tariff (%) value for Bahamas, The?

The latest available MFN Simple Average Tariff (%) value for Bahamas, The is 31.70, as of 2022.

Which country has the highest MFN Simple Average Tariff (%)?

As of the latest available year (2022), Bahamas, The leads with a value of 31.70.

How has MFN Simple Average Tariff (%) changed in Bahamas, The over time?

Between 1999 and 2022, MFN Simple Average Tariff (%) in Bahamas, The increased from 31.15 to 31.70 (0.55 net change).

What years does the MFN Simple Average Tariff (%) data cover?

The MFN Simple Average Tariff (%) dataset covers 1988-2023, compiled from World Bank WITS.

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#85#522021 overtook Armenia2023 overtook Kazakhstan
North MacedoniaMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. North Macedonia climbed from #85 to #52 (overtook Armenia). Gaps in a lane = missing data that year.

Key events for North Macedonia ↓

Key Events — North Macedonia

Auto-detected from rank data + curated milestones

2002
Climbed 36 places in global rank auto
2021
Overtook Armenia in global rank auto
2023
Overtook Kazakhstan in global rank auto