Average tariff applied by developed countries, preferential status in Micronesia (Federated States of)

Micronesia (Federated States of): Average tariff applied by developed countries, preferential status was 1.2% in 2024. ▲ Rising

Latest (2024)
1.2%
Change on year
up 2.2%
Rank
14th
of 19 regions
All-time high
1.2%
in 2024
All-time low
0.7%
in 2005
Years of data
17
2000–2024

Average tariff applied by developed countries, preferential status in Micronesia (Federated States of), 2000–2024

00.250.50.7511.22000201220242000: 0.8072005: 0.7142010: 1.22011: 1.22012: 1.12013: 1.22014: 1.22015: 1.22016: 1.22017: 1.22018: 1.22019: 1.22020: 1.22021: 1.22022: 1.22023: 1.22024: 1.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for average tariff applied by developed countries, preferential status in Micronesia (Federated States of) is 1.2%, measured in 2024. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 2.2% on the previous year and up 6.3% over ten years.

Over the whole period, average tariff applied by developed countries, preferential status in Micronesia (Federated States of) peaked at 1.2% in 2024 and was at its lowest, 0.7%, in 2005.

The long-run direction has been consistently rising across the 17 years of available data.

Average tariff applied by developed countries, preferential status in Micronesia (Federated States of), year by year

Annual values for Average tariff applied by developed countries, preferential status, by type of product (%) in Micronesia (Federated States of), 2000 to 2024.
Year Value Change
2000 0.8%
2005 0.7% -11.5%
2010 1.2% +71.3%
2011 1.2% -0.0%
2012 1.1% -8.6%
2013 1.2% +5.1%
2014 1.2% -0.0%
2015 1.2% -0.4%
2016 1.2% +3.4%
2017 1.2% -4.0%
2018 1.2% +0.9%
2019 1.2% +2.6%
2020 1.2% +1.1%
2021 1.2% +0.5%
2022 1.2% +0.0%
2023 1.2% -0.0%
2024 1.2% +2.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.8% 0.7% 0.8% 2
2010s 1.2% 1.1% 1.2% 10
2020s 1.2% 1.2% 1.2% 5

Countries ranked near Micronesia (Federated States of)

  1. 11 Saudi Arabia 16.1% compare
  2. 12 Cayman Islands 15.8% compare
  3. 13 Estonia 15.4% compare
  4. 14 Thailand 14.8% compare
  5. 15 Nauru 14.7% compare
  6. 16 Gibraltar 13.7% compare
  7. 17 Niue 13.5% compare

See the full ranking of 229 places →

More development goals data for Micronesia (Federated States of)

All data for Micronesia (Federated States of) →

Frequently asked questions

What is average tariff applied by developed countries, preferential status in Micronesia (Federated States of)?
Average tariff applied by developed countries, preferential status in Micronesia (Federated States of) was 1.2% 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 Micronesia (Federated States of)?
The highest recorded value was 1.2% in 2024.
What is the lowest average tariff applied by developed countries, preferential status recorded in Micronesia (Federated States of)?
The lowest recorded value was 0.7% in 2005.
How does Micronesia (Federated States of) rank for average tariff applied by developed countries, preferential status?
Micronesia (Federated States of) ranks 14th out of 19 regions with data for 2024.
Is average tariff applied by developed countries, preferential status rising or falling in Micronesia (Federated States of)?
Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
Where does this Micronesia (Federated States of) 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 Micronesia (Federated States of). 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-preferential-status-by-type-of-product/micronesia-federated-states-of/

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About this data

Indicator
Average tariff applied by developed countries, preferential 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