Average tariff applied by developed countries, most-favored nation in Trinidad and Tobago

Trinidad and Tobago: Average tariff applied by developed countries, most-favored nation was 6.9% in 2024. ◆ Volatile

Latest (2024)
6.9%
Change on year
up 0.1%
World rank
99th
of 205 countries
All-time high
21.5%
in 2005
All-time low
6.9%
in 2023
Years of data
17
2000–2024

Average tariff applied by developed countries, most-favored nation in Trinidad and Tobago, 2000–2024

51015202000201220242000: 18.92005: 21.52010: 21.42011: 21.42012: 8.12013: 8.22014: 8.22015: 8.22016: 8.22017: 8.12018: 82019: 6.92020: 6.92021: 6.92022: 72023: 6.92024: 6.9

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 99th of 205 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 nation in Trinidad and Tobago, year by year

Annual values for Average tariff applied by developed countries, most-favored nation status, by type of product (%) in Trinidad and Tobago, 2000 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 96 Cambodia 7.0% compare
  2. 97 New Caledonia 7.0% compare
  3. 98 Palau 7.0% compare
  4. 100 United Arab Emirates 6.6% compare
  5. 101 Kuwait 6.6% compare
  6. 102 Honduras 6.5% compare

See the full ranking of 229 places →

More development goals data for Trinidad and Tobago

All data for Trinidad and Tobago →

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 99th out of 205 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.

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Average tariff applied by developed countries, most-favored nation in Trinidad and Tobago. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 28 August 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-most-favored-nation-status-by-type-of/trinidad-and-tobago/

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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