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

South America: Worldwide weighted tariff-average, most-favoured-nation status, by was 10.2% in 2024. ▼ Falling

Latest (2024)
10.2%
Change on year
unchanged
Rank
23rd
of 37 groups
All-time high
13.6%
in 2016
All-time low
9.6%
in 2021
Years of data
12
2005–2024

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

0510152005201420242005: 12.32010: 12.12015: 13.42016: 13.62017: 12.62018: 12.42019: 10.52020: 10.62021: 9.62022: 9.92023: 10.22024: 10.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, worldwide weighted tariff-average, most-favoured-nation status, by in South America stood at 10.2%.

The figure is down 23.9% over ten years.

Over the whole period, worldwide weighted tariff-average, most-favoured-nation status, by in South America peaked at 13.6% in 2016 and was at its lowest, 9.6%, in 2021.

South America ranks 23rd of 37 groups on this measure, in the middle of the range.

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

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

Annual values for Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%) in South America, 2005 to 2024.
Year Value Change
2005 12.3%
2010 12.1% -1.8%
2015 13.4% +10.4%
2016 13.6% +1.5%
2017 12.6% -7.3%
2018 12.4% -1.5%
2019 10.5% -14.9%
2020 10.6% +0.6%
2021 9.6% -9.4%
2022 9.9% +3.2%
2023 10.2% +2.7%
2024 10.2% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.3% 12.3% 12.3% 1
2010s 12.4% 10.5% 13.6% 6
2020s 10.1% 9.6% 10.6% 5

Countries ranked near South America

  1. 20 Switzerland 23.3% compare
  2. 21 Maldives 23.2% compare
  3. 22 Central African Republic 22.4% compare
  4. 23 Guyana 22.4% compare
  5. 24 Suriname 21.6% compare
  6. 25 Norway 21.3% compare
  7. 26 Palau 21.1% compare

See the full ranking of 198 places →

More development goals data for South America

All data for South America →

Frequently asked questions

What is worldwide weighted tariff-average, most-favoured-nation status, by in South America?
Worldwide weighted tariff-average, most-favoured-nation status, by in South America was 10.2% 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 South America?
The highest recorded value was 13.6% in 2016.
What is the lowest worldwide weighted tariff-average, most-favoured-nation status, by recorded in South America?
The lowest recorded value was 9.6% in 2021.
How does South America rank for worldwide weighted tariff-average, most-favoured-nation status, by?
South America ranks 23rd out of 37 groups with data for 2024.
Is worldwide weighted tariff-average, most-favoured-nation status, by rising or falling in South America?
Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
Where does this South America 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 South America. 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/south-america/

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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