Average tariff applied by developed countries, most-favored nation in Cayman Islands
Cayman Islands: Average tariff applied by developed countries, most-favored nation was 16.1% in 2024. β² Rising
Average tariff applied by developed countries, most-favored nation in Cayman Islands, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, average tariff applied by developed countries, most-favored nation in Cayman Islands stood at 16.1%.
That represents a change of down 0.8% on the previous year and up 22.1% over ten years.
Over the whole period, average tariff applied by developed countries, most-favored nation in Cayman Islands peaked at 16.4% in 2022 and was at its lowest, 6.6%, in 2000.
That places Cayman Islands 17th out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.9% | 6.6% | 11.1% | 2 |
| 2010s | 13.2% | 11.4% | 15.1% | 10 |
| 2020s | 15.6% | 14.7% | 16.4% | 5 |
Countries ranked near Cayman Islands
More development goals data for Cayman Islands
- Red List Index 0.795 index (2025)
- Number of refugees per 100,000 population, by country of origin 0 per 100,000 people (2025)
- Manufacturing value added per capita 747.97 constant US$ (2025)
- Alcohol consumption per capita (aged 15 years and older) within a 11.7 ltpureal (2024)
- Domestic material consumption, by type of raw material 422,238 tonnes (2024)
- DEC alternative conversion factor 0.8333 ratio (2024)
- Domestic material consumption per capita, by type of raw material 5.67 tonnes (2024)
- Annual inflation, consumer prices -0.6% (2016)
- Number of victims of intentional homicide, by sex 3 (2020)
- Change in maximum river flow -20.8% (2024)
Frequently asked questions
- What is average tariff applied by developed countries, most-favored nation in Cayman Islands?
- Average tariff applied by developed countries, most-favored nation in Cayman Islands was 16.1% 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 Cayman Islands?
- The highest recorded value was 16.4% in 2022.
- What is the lowest average tariff applied by developed countries, most-favored nation recorded in Cayman Islands?
- The lowest recorded value was 6.6% in 2000.
- How does Cayman Islands rank for average tariff applied by developed countries, most-favored nation?
- Cayman Islands ranks 17th out of 198 countries with data for 2024.
- Is average tariff applied by developed countries, most-favored nation rising or falling in Cayman Islands?
- Over the last ten years it is up 22.1%. The long-run trend across the full record is rising.
- Where does this Cayman Islands 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.
Download this data
CSV Β· JSON β 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).