Worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean

Caribbean: Worldwide weighted tariff-average, most-favoured-nation status, by was 16.3% in 2024. ▲ Rising

Latest (2024)
16.3%
Change on year
down 2.0%
Rank
11th
of 37 groups
All-time high
16.6%
in 2023
All-time low
13.3%
in 2016
Years of data
12
2005–2024

Worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean, 2005–2024

0510152005201420242005: 14.42010: 13.42015: 14.52016: 13.32017: 15.52018: 15.32019: 14.12020: 14.42021: 16.42022: 16.22023: 16.62024: 16.3

Source: United Nations Statistics Division, SDG Global Database.

Analysis

The most recent figure for worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean is 16.3%, measured in 2024.

Compared with earlier readings it is down 2.0% on the previous year and up 12.4% over ten years.

Over the whole period, worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean peaked at 16.6% in 2023 and was at its lowest, 13.3%, in 2016.

That places Caribbean 11th out of 37 groups with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

Worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean, year by year

Annual values for Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%) in Caribbean, 2005 to 2024.
Year Value Change
2005 14.4%
2010 13.4% -7.5%
2015 14.5% +8.5%
2016 13.3% -8.4%
2017 15.5% +16.6%
2018 15.3% -1.1%
2019 14.1% -7.9%
2020 14.4% +2.0%
2021 16.4% +14.2%
2022 16.2% -1.1%
2023 16.6% +2.5%
2024 16.3% -2.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.4% 14.4% 14.4% 1
2010s 14.3% 13.3% 15.5% 6
2020s 16.0% 14.4% 16.6% 5

Countries ranked near Caribbean

  1. 8 United Republic of Tanzania 37.7% compare
  2. 9 Barbados 32.9% compare
  3. 10 Kenya 32.8% compare
  4. 11 Burundi 31.8% compare
  5. 12 Bermuda 31.4% compare
  6. 13 Dominica 29.3% compare
  7. 14 Rwanda 27.8% compare

See the full ranking of 198 places →

More development goals data for Caribbean

All data for Caribbean →

Frequently asked questions

What is worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean?
Worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean was 16.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Caribbean?
The highest recorded value was 16.6% in 2023.
What is the lowest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Caribbean?
The lowest recorded value was 13.3% in 2016.
How does Caribbean rank for worldwide weighted tariff-average, most-favoured-nation status, by?
Caribbean ranks 11th out of 37 groups with data for 2024.
Is worldwide weighted tariff-average, most-favoured-nation status, by rising or falling in Caribbean?
Over the last ten years it is up 12.4%. The long-run trend across the full record is rising.
Where does this Caribbean data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%). Statizoid updates them automatically from the source API.

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Worldwide weighted tariff-average, most-favoured-nation status, by in Caribbean. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 11 September 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-most-favoured-nation-status-by-type-of-product-percent/caribbean/

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About this data

Indicator
Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
198 places, 2,227 data points, 2005–2024
Last refreshed