Average tariff applied by developed countries, preferential status in Panama
Panama: Average tariff applied by developed countries, preferential status was 1.9% in 2024. β Volatile
Average tariff applied by developed countries, preferential status in Panama, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Panama recorded 1.9% for average tariff applied by developed countries, preferential status in 2024.
Compared with earlier readings it is down 0.3% on the previous year and up 37.9% over ten years.
Over the whole period, average tariff applied by developed countries, preferential status in Panama peaked at 23.4% in 2000 and was at its lowest, 1.4%, in 2018.
Panama ranks 148th of 219 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.7% | 20.0% | 23.4% | 2 |
| 2010s | 3.3% | 1.4% | 10.2% | 10 |
| 2020s | 2.0% | 1.9% | 2.0% | 5 |
Countries ranked near Panama
- 145 Libya 2.0% compare
- 146 Cabo Verde 2.0% compare
- 147 Montserrat 2.0% compare
- 149 Mozambique 1.9% compare
- 150 Norfolk Island 1.9% compare
- 151 United Republic of Tanzania 1.9% compare
More development goals data for Panama
- Red List Index 0.7539 index (2025)
- Number of refugees per 100,000 population, by country of origin 7.39 per 100,000 people (2025)
- Manufacturing value added per capita 860.74 constant US$ (2025)
- Number of transboundary breeds 45 (2025)
- Number of transboundary breeds (not extinct) 45 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 2 (2025)
- Number of local breeds (not extinct) 9 (2025)
- Number of local breeds kept in the country 9 (2025)
- Infant deaths 855 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, preferential status in Panama?
- Average tariff applied by developed countries, preferential status in Panama was 1.9% 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 Panama?
- The highest recorded value was 23.4% in 2000.
- What is the lowest average tariff applied by developed countries, preferential status recorded in Panama?
- The lowest recorded value was 1.4% in 2018.
- How does Panama rank for average tariff applied by developed countries, preferential status?
- Panama ranks 148th out of 219 countries with data for 2024.
- Is average tariff applied by developed countries, preferential status rising or falling in Panama?
- Over the last ten years it is up 37.9%. The long-run trend across the full record is volatile.
- Where does this Panama 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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