Average tariff applied by developed countries, preferential status in Cayman Islands

Cayman Islands: Average tariff applied by developed countries, preferential status was 15.8% in 2024. β—† Volatile

Latest (2024)
15.8%
Change on year
down 0.8%
World rank
12th
of 198 countries
All-time high
16.1%
in 2022
All-time low
4.3%
in 2005
Years of data
17
2000–2024

Average tariff applied by developed countries, preferential status in Cayman Islands, 2000–2024

57.51012.5152000201220242000: 6.3 %2005: 4.3 %2010: 4.6 %2011: 4.6 %2012: 4.6 %2013: 4.5 %2014: 4.6 %2015: 4.6 %2016: 4.6 %2017: 4.6 %2018: 4.6 %2019: 7.1 %2020: 7.1 %2021: 14.4 %2022: 16.1 %2023: 15.9 %2024: 15.8 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Cayman Islands recorded 15.8% for average tariff applied by developed countries, preferential status in 2024.

That represents a change of down 0.8% on the previous year and up 246.0% over ten years.

Over the whole period, average tariff applied by developed countries, preferential status in Cayman Islands peaked at 16.1% in 2022 and was at its lowest, 4.3%, in 2005.

That places Cayman Islands 12th out of 198 countries with data for 2024, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.3% 4.3% 6.3% 2
2010s 4.8% 4.5% 7.1% 10
2020s 13.9% 7.1% 16.1% 5

Countries ranked near Cayman Islands

  1. 9 Botswana 16.5% compare
  2. 9 Mayotte 3.9% compare
  3. 10 Luxembourg 16.3% compare
  4. 11 Saudi Arabia 16.1% compare
  5. 12 Anguilla, United Kingdom-British Overseas Territory 3.4% compare
  6. 13 Estonia 15.4% compare
  7. 14 Thailand 14.8% compare
  8. 15 Naoero, Republic of 14.7% compare

See the full ranking of 229 places β†’

More development goals data for Cayman Islands

All data for Cayman Islands β†’

Frequently asked questions

What is average tariff applied by developed countries, preferential status in Cayman Islands?
Average tariff applied by developed countries, preferential status in Cayman Islands was 15.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest average tariff applied by developed countries, preferential status recorded in Cayman Islands?
The highest recorded value was 16.1% in 2022.
What is the lowest average tariff applied by developed countries, preferential status recorded in Cayman Islands?
The lowest recorded value was 4.3% in 2005.
How does Cayman Islands rank for average tariff applied by developed countries, preferential status?
Cayman Islands ranks 12th out of 198 countries with data for 2024.
Is average tariff applied by developed countries, preferential status rising or falling in Cayman Islands?
Over the last ten years it is up 246.0%. The long-run trend across the full record is volatile.
Where does this Cayman 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, preferential status, by type of product (%). Statizoid updates them automatically from the source API.

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Average tariff applied by developed countries, preferential status in Cayman Islands. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 18 August 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-preferential-status-by-type-of-product/cayman-islands/

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About this data

Indicator
Average tariff applied by developed countries, preferential status, by type of product (%)
Unit
%
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