Average tariff applied by developed countries, preferential status in Monaco

Monaco: Average tariff applied by developed countries, preferential status was 3.5% in 2024. ▼ Falling

Latest (2024)
3.5%
Change on year
up 0.1%
World rank
111th
of 236 countries
All-time high
6.2%
in 2000
All-time low
3.5%
in 2015
Years of data
17
2000–2024

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

02462000201220242000: 6.2 %2005: 3.7 %2010: 3.5 %2011: 3.5 %2012: 3.6 %2013: 3.5 %2014: 3.5 %2015: 3.5 %2016: 3.5 %2017: 3.5 %2018: 3.5 %2019: 3.5 %2020: 3.6 %2021: 3.6 %2022: 3.5 %2023: 3.5 %2024: 3.5 %

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

Analysis

The most recent figure for average tariff applied by developed countries, preferential status in Monaco is 3.5%, measured in 2024.

Compared with earlier readings it is up 0.1% on the previous year and up 0.7% over ten years.

Over the whole period, average tariff applied by developed countries, preferential status in Monaco peaked at 6.2% in 2000 and was at its lowest, 3.5%, in 2015.

Monaco ranks 111th of 236 countries on this measure, in the middle of the range.

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

Average tariff applied by developed countries, preferential status in Monaco, year by year

Annual values for Average tariff applied by developed countries, preferential status, by type of product (%) in Monaco, 2000 to 2024.
Year % Change
2000 6.2% —
2005 3.7% -41.0%
2010 3.5% -4.1%
2011 3.5% -0.1%
2012 3.6% +0.9%
2013 3.5% -1.5%
2014 3.5% -0.2%
2015 3.5% -0.1%
2016 3.5% +1.3%
2017 3.5% -0.8%
2018 3.5% +1.1%
2019 3.5% -0.5%
2020 3.6% +2.1%
2021 3.6% -1.1%
2022 3.5% -1.0%
2023 3.5% -0.3%
2024 3.5% +0.1%

Monaco compared with similar countries

  • Monaco's 3.5% is below the median for high income countries, which is 5.3%, 66% of the median. (75 countries reporting)
  • Monaco's 3.5% is below the median for Europe & Central Asia, which is 4.9%, 73% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Average tariff applied by developed countries, preferential status in Monaco 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.

YearChange FromTo
2005 -41.0% 6.2% 3.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.0% 3.7% 6.2% 2
2010s 3.5% 3.5% 3.6% 10
2020s 3.5% 3.5% 3.6% 5

Countries ranked near Monaco

  1. 108 Morocco 3.6% compare
  2. 109 Mexico 3.6% compare
  3. 110 Sri Lanka 3.6% compare
  4. 112 India 3.5% compare
  5. 113 Bosnia and Herzegovina 3.5% compare
  6. 114 Spain 3.5% compare

See the full ranking of 243 places →

More development goals data for Monaco

All data for Monaco →

Frequently asked questions

What is average tariff applied by developed countries, preferential status in Monaco?
Average tariff applied by developed countries, preferential status in Monaco was 3.5% 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 Monaco?
The highest recorded value was 6.2% in 2000.
What is the lowest average tariff applied by developed countries, preferential status recorded in Monaco?
The lowest recorded value was 3.5% in 2015.
How does Monaco rank for average tariff applied by developed countries, preferential status?
Monaco ranks 111th out of 236 countries with data for 2024.
Is average tariff applied by developed countries, preferential status rising or falling in Monaco?
Over the last ten years it is up 0.7%. The long-run trend across the full record is falling.
Where does this Monaco 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 Monaco. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-preferential-status-by-type-of-product/monaco/

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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
243 places, 4,131 data points, 2000–2024
Last refreshed