Average tariff applied by developed countries … most-favored in Equatorial Guinea

Equatorial Guinea: Average tariff applied by developed countries … most-favored was 0.4% in 2024. ▼ Falling

Latest (2024)
0.4%
Change on year
up 2.0%
World rank
235th
of 236 countries
All-time high
0.5%
in 2010
All-time low
0.4%
in 2023
Years of data
17
2000–2024

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

00.20.40.62000201220242000: 0.4492005: 0.4652010: 0.5482011: 0.4832012: 0.462013: 0.4672014: 0.4672015: 0.4672016: 0.4752017: 0.5242018: 0.4512019: 0.5082020: 0.5082021: 0.5082022: 0.4492023: 0.3772024: 0.384

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, average tariff applied by developed countries, most-favored nation in Equatorial Guinea stood at 0.4%.

The figure is up 2.0% on the previous year and down 17.8% over ten years.

Over the whole period, average tariff applied by developed countries, most-favored nation in Equatorial Guinea peaked at 0.5% in 2010 and was at its lowest, 0.4%, in 2023.

That places Equatorial Guinea 235th out of 236 countries with data for 2024, putting it in the bottom 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 Equatorial Guinea, year by year

Annual values for Average tariff applied by developed countries, most-favored nation status, by type of product (%) in Equatorial Guinea, 2000 to 2024.
Year Value Change
2000 0.4% —
2005 0.5% +3.6%
2010 0.5% +18.0%
2011 0.5% -12.0%
2012 0.5% -4.6%
2013 0.5% +1.4%
2014 0.5% +0.1%
2015 0.5% -0.0%
2016 0.5% +1.7%
2017 0.5% +10.3%
2018 0.5% -14.0%
2019 0.5% +12.6%
2020 0.5% +0.1%
2021 0.5% -0.0%
2022 0.4% -11.6%
2023 0.4% -16.1%
2024 0.4% +2.0%

Equatorial Guinea compared with similar countries

  • Equatorial Guinea's 0.4% is below the median for upper middle income countries, which is 7.3%, 5% of the median. (53 countries reporting)
  • Equatorial Guinea's 0.4% is below the median for Sub-Saharan Africa, which is 2.7%, 14% of the median. (44 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5% 0.4% 0.5% 2
2010s 0.5% 0.5% 0.5% 10
2020s 0.4% 0.4% 0.5% 5

Countries ranked near Equatorial Guinea

  1. 232 Grenada 0.7% compare
  2. 233 Saint Helena 0.5% compare
  3. 234 Lesotho 0.4% compare
  4. 236 Burundi 0.2% compare

See the full ranking of 243 places →

More development goals data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is average tariff applied by developed countries, most-favored nation in Equatorial Guinea?
Average tariff applied by developed countries, most-favored nation in Equatorial Guinea was 0.4% 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 Equatorial Guinea?
The highest recorded value was 0.5% in 2010.
What is the lowest average tariff applied by developed countries, most-favored nation recorded in Equatorial Guinea?
The lowest recorded value was 0.4% in 2023.
How does Equatorial Guinea rank for average tariff applied by developed countries, most-favored nation?
Equatorial Guinea ranks 235th out of 236 countries with data for 2024.
Is average tariff applied by developed countries, most-favored nation rising or falling in Equatorial Guinea?
Over the last ten years it is down 17.8%. The long-run trend across the full record is falling.
Where does this Equatorial Guinea 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 Equatorial Guinea. 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/equatorial-guinea/

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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