Suriname - Tariff rate, applied, simple mean, primary products (%)

Tariff rate, applied, simple mean, primary products (%) in Suriname was 16.79 as of 2020. Its highest value over the past 24 years was 25.10 in 1996, while its lowest value was 15.41 in 2012.

Definition: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also:

Year Value
1996 25.10
1999 22.85
2000 23.23
2007 16.77
2009 18.18
2010 18.23
2011 17.60
2012 15.41
2013 15.41
2018 15.73
2019 16.79
2020 16.79

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs