Average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Average tariff applied by developed countries, most-favored nation was 7.5% in 2024. ◆ Volatile

Latest (2024)
7.5%
Change on year
down 5.1%
World rank
85th
of 205 countries
All-time high
25.7%
in 2000
All-time low
7.5%
in 2024
Years of data
17
2000–2024

Average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines, 2000–2024

101520252000201220242000: 25.72005: 25.62010: 12.12011: 122012: 9.22013: 8.52014: 8.52015: 8.52016: 8.52017: 8.52018: 8.52019: 7.92020: 7.92021: 7.92022: 7.92023: 7.92024: 7.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines is 7.5%, measured in 2024. That is the lowest value across all 17 years on record.

That represents a change of down 5.1% on the previous year and down 11.9% over ten years.

Over the whole period, average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines peaked at 25.7% in 2000 and was at its lowest, 7.5%, in 2024.

That places Saint Vincent and the Grenadines 85th out of 205 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines, year by year

Annual values for Average tariff applied by developed countries, most-favored nation status, by type of product (%) in Saint Vincent and the Grenadines, 2000 to 2024.
Year Value Change
2000 25.7%
2005 25.6% -0.4%
2010 12.1% -52.7%
2011 12.0% -1.1%
2012 9.2% -23.3%
2013 8.5% -7.1%
2014 8.5% -0.3%
2015 8.5% -0.1%
2016 8.5% -0.0%
2017 8.5% -0.3%
2018 8.5% +0.3%
2019 7.9% -7.1%
2020 7.9% -0.0%
2021 7.9% -0.0%
2022 7.9% +0.0%
2023 7.9% +0.1%
2024 7.5% -5.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.7% 25.6% 25.7% 2
2010s 9.2% 7.9% 12.1% 10
2020s 7.8% 7.5% 7.9% 5

Countries ranked near Saint Vincent and the Grenadines

  1. 82 Ecuador 7.6% compare
  2. 83 Faroe Islands 7.6% compare
  3. 84 Liechtenstein 7.5% compare
  4. 86 Zambia 7.5% compare
  5. 87 Bangladesh 7.5% compare
  6. 88 Saint Lucia 7.4% compare

See the full ranking of 229 places →

More development goals data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines?
Average tariff applied by developed countries, most-favored nation in Saint Vincent and the Grenadines was 7.5% 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 Saint Vincent and the Grenadines?
The highest recorded value was 25.7% in 2000.
What is the lowest average tariff applied by developed countries, most-favored nation recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 7.5% in 2024.
How does Saint Vincent and the Grenadines rank for average tariff applied by developed countries, most-favored nation?
Saint Vincent and the Grenadines ranks 85th out of 205 countries with data for 2024.
Is average tariff applied by developed countries, most-favored nation rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is down 11.9%. The long-run trend across the full record is volatile.
Where does this Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 27 August 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-most-favored-nation-status-by-type-of/st-vincent-and-the-grenadines/

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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
229 places, 3,893 data points, 2000–2024
Last refreshed