Average tariff applied by developed countries … most-favored in Trinidad and Tobago
Trinidad and Tobago: Average tariff applied by developed countries … most-favored was 6.9% in 2024. ◆ Volatile
Average tariff applied by developed countries, most-favored nation in Trinidad and Tobago, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Trinidad and Tobago recorded 6.9% for average tariff applied by developed countries, most-favored nation in 2024.
The figure is up 0.1% on the previous year and down 15.0% over ten years.
Over the whole period, average tariff applied by developed countries, most-favored nation in Trinidad and Tobago peaked at 21.5% in 2005 and was at its lowest, 6.9%, in 2023.
Trinidad and Tobago ranks 109th of 236 countries on this measure, 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 in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 18.9% | — |
| 2005 | 21.5% | +13.7% |
| 2010 | 21.4% | -0.2% |
| 2011 | 21.4% | +0.1% |
| 2012 | 8.1% | -62.1% |
| 2013 | 8.2% | +0.6% |
| 2014 | 8.2% | +0.0% |
| 2015 | 8.2% | +0.0% |
| 2016 | 8.2% | +0.2% |
| 2017 | 8.1% | -1.0% |
| 2018 | 8.0% | -1.4% |
| 2019 | 6.9% | -13.2% |
| 2020 | 6.9% | +0.1% |
| 2021 | 6.9% | +0.0% |
| 2022 | 7.0% | +0.4% |
| 2023 | 6.9% | -0.6% |
| 2024 | 6.9% | +0.1% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 6.9% is below the median for high income countries, which is 9.1%, 76% of the median. (75 countries reporting)
- Trinidad and Tobago's 6.9% is above the median for Latin America & Caribbean, which is 6.5%, 1.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Average tariff applied by developed countries … most-favored in Trinidad and Tobago 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.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -62.1% | 21.4% | 8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.2% | 18.9% | 21.5% | 2 |
| 2010s | 10.7% | 6.9% | 21.4% | 10 |
| 2020s | 6.9% | 6.9% | 7.0% | 5 |
Countries ranked near Trinidad and Tobago
More development goals data for Trinidad and Tobago
- Red List Index 0.7554 (2025)
- Number of refugees per 100,000 population, by country of origin 32.08 (2025)
- Manufacturing value added per capita 2,281 (2025)
- Number of transboundary breeds 34 (2025)
- Number of transboundary breeds (not extinct) 34 (2025)
- Number of transboundary breeds with unknown risk status 34 (2025)
- Number of local breeds with unknown risk status 5 (2025)
- Number of local breeds (not extinct) 5 (2025)
- Number of local breeds kept in the country 5 (2025)
- Infant deaths 271 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, most-favored nation in Trinidad and Tobago?
- Average tariff applied by developed countries, most-favored nation in Trinidad and Tobago was 6.9% 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 Trinidad and Tobago?
- The highest recorded value was 21.5% in 2005.
- What is the lowest average tariff applied by developed countries, most-favored nation recorded in Trinidad and Tobago?
- The lowest recorded value was 6.9% in 2023.
- How does Trinidad and Tobago rank for average tariff applied by developed countries, most-favored nation?
- Trinidad and Tobago ranks 109th out of 236 countries with data for 2024.
- Is average tariff applied by developed countries, most-favored nation rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is volatile.
- Where does this Trinidad and Tobago 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 · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).