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

Panama: Worldwide weighted tariff-average, most-favoured-nation status, by was 15.2% in 2024. ▼ Falling

Latest (2024)
15.2%
Change on year
unchanged
World rank
61st
of 161 countries
All-time high
18.3%
in 2005
All-time low
13.8%
in 2017
Years of data
11
2005–2024

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

051015202005201420242005: 18.3 %2010: 18 %2015: 16.1 %2016: 15 %2017: 13.8 %2018: 13.8 %2019: 14.4 %2021: 16.4 %2022: 14.1 %2023: 15.2 %2024: 15.2 %

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

Analysis

Panama recorded 15.2% for worldwide weighted tariff-average, most-favoured-nation status, by in 2024.

Compared with earlier readings it is down 5.5% over ten years.

Over the whole period, worldwide weighted tariff-average, most-favoured-nation status, by in Panama peaked at 18.3% in 2005 and was at its lowest, 13.8%, in 2017.

That places Panama 61st out of 161 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 11 years of available data.

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

Annual values for Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%) in Panama, 2005 to 2024.
Year % Change
2005 18.3%
2010 18.0% -1.5%
2015 16.1% -10.8%
2016 15.0% -6.5%
2017 13.8% -7.9%
2018 13.8% +0.0%
2019 14.4% +3.7%
2021 16.4% +14.1%
2022 14.1% -14.1%
2023 15.2% +7.9%
2024 15.2% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.3% 18.3% 18.3% 1
2010s 15.2% 13.8% 18.0% 6
2020s 15.2% 14.1% 16.4% 4

Countries ranked near Panama

  1. 58 Uzbekistan 15.6% compare
  2. 59 Montenegro 15.5% compare
  3. 60 Seychelles 15.3% compare
  4. 62 Montserrat 15.1% compare
  5. 63 Burkina Faso 14.8% compare
  6. 64 Zimbabwe 14.2% compare

See the full ranking of 198 places →

More development goals data for Panama

All data for Panama →

Frequently asked questions

What is worldwide weighted tariff-average, most-favoured-nation status, by in Panama?
Worldwide weighted tariff-average, most-favoured-nation status, by in Panama was 15.2% 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 Panama?
The highest recorded value was 18.3% in 2005.
What is the lowest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Panama?
The lowest recorded value was 13.8% in 2017.
How does Panama rank for worldwide weighted tariff-average, most-favoured-nation status, by?
Panama ranks 61st out of 161 countries with data for 2024.
Is worldwide weighted tariff-average, most-favoured-nation status, by rising or falling in Panama?
Over the last ten years it is down 5.5%. The long-run trend across the full record is falling.
Where does this Panama 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 Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 10 September 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-most-favoured-nation-status-by-type-of-product-percent/panama/

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About this data

Indicator
Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%)
Unit
%
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