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Viet Nam Tariff rate, most favored nation, simple mean, all products (%)
What is Viet Nam's tariff rate, most favored nation, simple mean, all products (%)? As of 2022, it's 9.7 USD Mn, up from 9.5 USD Mn in 2014.
| Label | Tariff rate, most favored nation, simple mean, all products (%) |
|---|---|
| 2014 | 9.54 USD Mn |
| 2015 | 9.52 USD Mn |
| 2016 | 9.68 USD Mn |
| 2017 | 9.68 USD Mn |
| 2018 | 9.73 USD Mn |
| 2019 | 9.73 USD Mn |
| 2020 | 9.73 USD Mn |
| 2021 | 9.72 USD Mn |
| 2022 | 9.65 USD Mn |
Data Source: World Bank and Wantstats Repository
Viet Nam Tariff rate, most favored nation, simple mean, all products (%): Key Points
- By 2022, Viet Nam's tariff rate, most favored nation, simple mean, all products came to 9.65 %, against 9.54 % in 2014 — around 1% up across the period.
- 2015-2022: Moves forward, stalls, moves forward again. Progress, just not in a straight line.
- 2016: One year does more work than any other — 9.52 to 9.68 % (~2%).
- 2022: Ends the series at 9.65 % — 1.2% above the 2014 baseline.
Making Sense Of A Bumpy Path
If you only read the 1.2% summary, you'd assume nothing happened. Something happened. It just happened in both directions.
This data comes from Viet Nam's statistical reporting, sourced from the link below. As with most cross-country indicator datasets, expect the underlying survey to run less often than annually, with gaps modeled in between.
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