Average tariff applied by developed countries … most-favored in Belize

Belize: Average tariff applied by developed countries … most-favored was 12.5% in 2024. ▼ Falling

Latest (2024)
12.5%
Change on year
down 1.4%
World rank
36th
of 236 countries
All-time high
28.4%
in 2000
All-time low
12.5%
in 2024
Years of data
17
2000–2024

Average tariff applied by developed countries, most-favored nation in Belize, 2000–2024

01020302000201220242000: 28.42005: 27.62010: 24.72011: 24.62012: 13.32013: 13.72014: 142015: 142016: 13.72017: 13.82018: 13.82019: 12.82020: 12.72021: 12.72022: 12.72023: 12.72024: 12.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Belize recorded 12.5% for average tariff applied by developed countries, most-favored nation in 2024. That is the lowest value across all 17 years on record.

The figure is down 1.4% on the previous year and down 10.6% over ten years.

Over the whole period, average tariff applied by developed countries, most-favored nation in Belize peaked at 28.4% in 2000 and was at its lowest, 12.5%, in 2024.

Belize ranks 36th of 236 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Average tariff applied by developed countries … most-favored in Belize, year by year

Annual values for Average tariff applied by developed countries, most-favored nation status, by type of product (%) in Belize, 2000 to 2024.
Year Value Change
2000 28.4% —
2005 27.6% -2.8%
2010 24.7% -10.7%
2011 24.6% -0.1%
2012 13.3% -45.8%
2013 13.7% +2.7%
2014 14.0% +2.1%
2015 14.0% +0.2%
2016 13.7% -2.2%
2017 13.8% +0.5%
2018 13.8% -0.1%
2019 12.8% -7.2%
2020 12.7% -0.6%
2021 12.7% +0.1%
2022 12.7% +0.0%
2023 12.7% -0.2%
2024 12.5% -1.4%

Belize compared with similar countries

  • Belize's 12.5% is above the median for upper middle income countries, which is 7.3%, 1.7× the median. (53 countries reporting)
  • Belize's 12.5% is above the median for Latin America & Caribbean, which is 6.5%, 1.9× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Average tariff applied by developed countries … most-favored in Belize changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2012 -45.8% 24.6% 13.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.0% 27.6% 28.4% 2
2010s 15.8% 12.8% 24.7% 10
2020s 12.7% 12.5% 12.7% 5

Countries ranked near Belize

  1. 33 Poland 13.0% compare
  2. 34 Bhutan 13.0% compare
  3. 35 Tunisia 12.6% compare
  4. 37 Latvia 12.2% compare
  5. 38 Republic of Korea 12.2% compare
  6. 38 South Korea 12.2% compare

See the full ranking of 243 places →

More development goals data for Belize

All data for Belize →

Frequently asked questions

What is average tariff applied by developed countries, most-favored nation in Belize?
Average tariff applied by developed countries, most-favored nation in Belize was 12.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest average tariff applied by developed countries, most-favored nation recorded in Belize?
The highest recorded value was 28.4% in 2000.
What is the lowest average tariff applied by developed countries, most-favored nation recorded in Belize?
The lowest recorded value was 12.5% in 2024.
How does Belize rank for average tariff applied by developed countries, most-favored nation?
Belize ranks 36th out of 236 countries with data for 2024.
Is average tariff applied by developed countries, most-favored nation rising or falling in Belize?
Over the last ten years it is down 10.6%. The long-run trend across the full record is falling.
Where does this Belize data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average tariff applied by developed countries, most-favored nation status, by type of product (%). Statizoid updates them automatically from the source API.

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Average tariff applied by developed countries, most-favored nation in Belize. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 October 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-most-favored-nation-status-by-type-of/belize/

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About this data

Indicator
Average tariff applied by developed countries, most-favored nation status, by type of product (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
243 places, 4,131 data points, 2000–2024
Last refreshed