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

Nicaragua: Worldwide weighted tariff-average, most-favoured-nation status, by was 14.1% in 2024. ▲ Rising

Latest (2024)
14.1%
Change on year
unchanged
World rank
66th
of 161 countries
All-time high
14.5%
in 2016
All-time low
10.9%
in 2005
Years of data
12
2005–2024

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

0510152005201420242005: 10.92010: 13.82015: 14.52016: 14.52017: 13.62018: 13.62019: 13.12020: 13.42021: 13.52022: 12.62023: 14.12024: 14.1

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Nicaragua recorded 14.1% for worldwide weighted tariff-average, most-favoured-nation status, by in 2024.

The figure is down 2.5% over ten years.

Over the whole period, worldwide weighted tariff-average, most-favoured-nation status, by in Nicaragua peaked at 14.5% in 2016 and was at its lowest, 10.9%, in 2005.

Nicaragua ranks 66th of 161 countries on this measure, 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 Nicaragua, year by year

Annual values for Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%) in Nicaragua, 2005 to 2024.
Year Value Change
2005 10.9%
2010 13.8% +26.9%
2015 14.5% +5.3%
2016 14.5% +0.0%
2017 13.6% -6.4%
2018 13.6% +0.0%
2019 13.1% -3.7%
2020 13.4% +2.5%
2021 13.5% +1.0%
2022 12.6% -7.3%
2023 14.1% +12.7%
2024 14.1% +0.0%

Nicaragua compared with similar countries

  • Nicaragua's 14.1% is above the median for lower middle income countries, which is 11.9%, 1.2× the median. (41 countries reporting)
  • Nicaragua's 14.1% is above the median for Latin America & Caribbean, which is 13.8%, 1.0× the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.9% 10.9% 10.9% 1
2010s 13.8% 13.1% 14.5% 6
2020s 13.6% 12.6% 14.1% 5

Countries ranked near Nicaragua

  1. 63 Burkina Faso 14.8% compare
  2. 64 Zimbabwe 14.2% compare
  3. 65 Mexico 14.2% compare
  4. 67 China 14.0% compare
  5. 68 Nepal 13.7% compare
  6. 69 Lao People's Democratic Republic 13.7% compare
  7. 69 Lao People's Democratic Republic 13.7% compare

See the full ranking of 198 places →

More development goals data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is worldwide weighted tariff-average, most-favoured-nation status, by in Nicaragua?
Worldwide weighted tariff-average, most-favoured-nation status, by in Nicaragua was 14.1% 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 Nicaragua?
The highest recorded value was 14.5% in 2016.
What is the lowest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Nicaragua?
The lowest recorded value was 10.9% in 2005.
How does Nicaragua rank for worldwide weighted tariff-average, most-favoured-nation status, by?
Nicaragua ranks 66th out of 161 countries with data for 2024.
Is worldwide weighted tariff-average, most-favoured-nation status, by rising or falling in Nicaragua?
Over the last ten years it is down 2.5%. The long-run trend across the full record is rising.
Where does this Nicaragua 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 Nicaragua. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-most-favoured-nation-status-by-type-of-product-percent/nicaragua/

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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