Average tariff applied by developed countries … most-favored in Turks and Caicos Islands
Turks and Caicos Islands: Average tariff applied by developed countries … most-favored was 4.2% in 2024. ◆ Volatile
Average tariff applied by developed countries, most-favored nation in Turks and Caicos Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Turks and Caicos Islands recorded 4.2% for average tariff applied by developed countries, most-favored nation in 2024.
Compared with earlier readings it is up 0.2% on the previous year and down 11.1% over ten years.
Over the whole period, average tariff applied by developed countries, most-favored nation in Turks and Caicos Islands peaked at 13.2% in 2000 and was at its lowest, 3.8%, in 2022.
Turks and Caicos Islands ranks 155th 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 Turks and Caicos Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 13.2% | — |
| 2005 | 7.3% | -44.5% |
| 2010 | 13.1% | +79.6% |
| 2011 | 13.1% | -0.1% |
| 2012 | 11.9% | -9.2% |
| 2013 | 4.8% | -60.1% |
| 2014 | 4.7% | -1.3% |
| 2015 | 4.7% | +0.1% |
| 2016 | 4.7% | -0.2% |
| 2017 | 5.0% | +6.8% |
| 2018 | 5.0% | +0.8% |
| 2019 | 3.8% | -24.2% |
| 2020 | 3.8% | -0.2% |
| 2021 | 3.8% | -0.3% |
| 2022 | 3.8% | -0.1% |
| 2023 | 4.2% | +9.7% |
| 2024 | 4.2% | +0.2% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 4.2% is below the median for high income countries, which is 9.1%, 46% of the median. (75 countries reporting)
- Turks and Caicos Islands's 4.2% is below the median for Latin America & Caribbean, which is 6.5%, 64% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Average tariff applied by developed countries … most-favored in Turks and Caicos Islands 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 |
|---|---|---|---|
| 2010 | +79.6% | 7.3% | 13.1% |
| 2013 | -60.1% | 11.9% | 4.8% |
| 2005 | -44.5% | 13.2% | 7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.2% | 7.3% | 13.2% | 2 |
| 2010s | 7.1% | 3.8% | 13.1% | 10 |
| 2020s | 4.0% | 3.8% | 4.2% | 5 |
Countries ranked near Turks and Caicos Islands
- 152 Antigua and Barbuda 4.3% compare
- 153 Sierra Leone 4.3% compare
- 154 Democratic Republic of the Congo 4.2% compare
- 156 Guatemala 4.1% compare
- 157 Anguilla 4.1% compare
- 158 Bahrain 4.1% compare
More development goals data for Turks and Caicos Islands
- Red List Index 0.8035 (2025)
- Number of refugees per 100,000 population, by country of origin 29.87 (2025)
- Manufacturing value added per capita 118.37 (2025)
- Infant deaths 2 (2024)
- Neonatal deaths 1 (2024)
- Alcohol consumption per capita (aged 15 years and older) within a 14.66 (2024)
- Under-five deaths 2 (2024)
- Children moderately or severely stunted 0.1 (2024)
- Children moderately or severely overweight 0.5 (2024)
- DEC alternative conversion factor 1 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, most-favored nation in Turks and Caicos Islands?
- Average tariff applied by developed countries, most-favored nation in Turks and Caicos Islands was 4.2% 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 Turks and Caicos Islands?
- The highest recorded value was 13.2% in 2000.
- What is the lowest average tariff applied by developed countries, most-favored nation recorded in Turks and Caicos Islands?
- The lowest recorded value was 3.8% in 2022.
- How does Turks and Caicos Islands rank for average tariff applied by developed countries, most-favored nation?
- Turks and Caicos Islands ranks 155th out of 236 countries with data for 2024.
- Is average tariff applied by developed countries, most-favored nation rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos 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
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