Panama vs South America: Worldwide weighted tariff-average, preferential status, by type of

Panama
15.0%
in 2024
South America
2.6%
in 2024
Panama rank
32nd
South America rank
28th

Worldwide weighted tariff-average, preferential status, by type of over time

  • Panama
  • South America
05101520200520142024

How they compare

Panama currently reports 15.0% against 2.6% in South America, a difference of 12.4%.

That makes Panama's figure about 5.7 times South America's.

Across all 11 years both countries report, Panama has been ahead every year.

Panama ranks 32nd and South America ranks 28th of 161 countries.

Panama has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Panama South America Difference Ahead
2000s 17.6% 5.7% 11.9% Panama
2010s 15.0% 5.0% 10.1% Panama
2020s 15.1% 2.6% 12.5% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher worldwide weighted tariff-average, preferential status, by type of, Panama or South America?
Panama, at 15.0% against 2.6% in South America as of 2024.
What is the difference in worldwide weighted tariff-average, preferential status, by type of between Panama and South America?
12.4%, with Panama ahead.
How many years of comparable data are there for Panama and South America?
11 years are reported by both, from 2005 to 2024.
How do Panama and South America rank globally for worldwide weighted tariff-average, preferential status, by type of?
Panama ranks 32nd and South America ranks 28th of 161 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Worldwide weighted tariff-average, preferential status, by type of product (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs South America: Worldwide weighted tariff-average, preferential status, by type of. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 September 2026, from https://development-goals.statizoid.com/compare/worldwide-weighted-tariff-average-preferential-status-by-type-of-product-percent/panama/south-america/

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About this data

Indicator
Worldwide weighted tariff-average, preferential status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
198 places, 2,227 data points, 2005–2024
Last refreshed