Proportion tariff lines applied to imports from ldcs in British Virgin Islands
British Virgin Islands: Proportion tariff lines applied to imports from ldcs was 27.89 in 2023. ▼ Falling
Proportion tariff lines applied to imports from ldcs in British Virgin Islands, 2005–2023
Source: Our World in Data.
Analysis
In 2023, proportion tariff lines applied to imports from ldcs in British Virgin Islands stood at 27.89. That is the lowest value across all 11 years on record.
The figure is down 10.6% on the previous year and down 27.7% over ten years.
Over the whole period, proportion tariff lines applied to imports from ldcs in British Virgin Islands peaked at 45.56 in 2005 and was at its lowest, 27.89, in 2023.
That places British Virgin Islands 217th out of 221 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Proportion tariff lines applied to imports from ldcs in British Virgin Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 45.56 | — |
| 2010 | 37.9 | -16.8% |
| 2015 | 38.56 | +1.7% |
| 2016 | 44.76 | +16.1% |
| 2017 | 38.3 | -14.4% |
| 2018 | 43.65 | +14.0% |
| 2019 | 32.99 | -24.4% |
| 2020 | 29.01 | -12.1% |
| 2021 | 32.45 | +11.9% |
| 2022 | 31.21 | -3.8% |
| 2023 | 27.89 | -10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.56 | 45.56 | 45.56 | 1 |
| 2010s | 39.36 | 32.99 | 44.76 | 6 |
| 2020s | 30.14 | 27.89 | 32.45 | 4 |
Countries ranked near British Virgin Islands
- 214 Gibraltar 31.24 compare
- 215 American Samoa 31.19 compare
- 216 Democratic People’s Republic of Korea 30.15 compare
- 218 Turks and Caicos Islands 20.38 compare
- 219 United States Virgin Islands 16.67 compare
- 220 San Marino 15.66 compare
More economy & growth data for British Virgin Islands
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Gross Fixed Capital Formation — Value US$ 374.56 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.86 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 390.8 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 390.8 million USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 95.85 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 95.85 SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.86 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 1,638 million SLC (2024)
Frequently asked questions
- What is proportion tariff lines applied to imports from ldcs in British Virgin Islands?
- Proportion tariff lines applied to imports from ldcs in British Virgin Islands was 27.89 in 2023, according to Our World in Data.
- What is the highest proportion tariff lines applied to imports from ldcs recorded in British Virgin Islands?
- The highest recorded value was 45.56 in 2005.
- What is the lowest proportion tariff lines applied to imports from ldcs recorded in British Virgin Islands?
- The lowest recorded value was 27.89 in 2023.
- How does British Virgin Islands rank for proportion tariff lines applied to imports from ldcs?
- British Virgin Islands ranks 217th out of 221 countries with data for 2023.
- Is proportion tariff lines applied to imports from ldcs rising or falling in British Virgin Islands?
- Over the last ten years it is down 27.7%. The long-run trend across the full record is falling.
- Where does this British Virgin Islands data come from?
- The figures come from Our World in Data, published as part of Proportion tariff lines applied to imports from ldcs. Statizoid updates them automatically from the source API.
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