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

Southern Asia: Worldwide weighted tariff-average, most-favoured-nation status, by was 19.5% in 2024. ▼ Falling

Latest (2024)
19.5%
Change on year
up 33.7%
Rank
3rd
of 37 groups
All-time high
33.8%
in 2019
All-time low
13.6%
in 2022
Years of data
12
2005–2024

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

01020302005201420242005: 30.12010: 21.82015: 24.92016: 27.52017: 17.52018: 17.22019: 33.82020: 18.12021: 17.62022: 13.62023: 14.62024: 19.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Southern Asia recorded 19.5% for worldwide weighted tariff-average, most-favoured-nation status, by in 2024.

Compared with earlier readings it is up 33.7% on the previous year and down 21.7% over ten years.

Over the whole period, worldwide weighted tariff-average, most-favoured-nation status, by in Southern Asia peaked at 33.8% in 2019 and was at its lowest, 13.6%, in 2022.

Southern Asia ranks 3rd of 37 groups on this measure, in the top 10%.

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 Southern Asia, year by year

Annual values for Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%) in Southern Asia, 2005 to 2024.
Year Value Change
2005 30.1%
2010 21.8% -27.6%
2015 24.9% +14.3%
2016 27.5% +10.4%
2017 17.5% -36.3%
2018 17.2% -1.8%
2019 33.8% +96.8%
2020 18.1% -46.4%
2021 17.6% -2.9%
2022 13.6% -22.7%
2023 14.6% +7.2%
2024 19.5% +33.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.1% 30.1% 30.1% 1
2010s 23.8% 17.2% 33.8% 6
2020s 16.7% 13.6% 19.5% 5

Countries ranked near Southern Asia

  1. 1 Belize 211.5% compare
  2. 2 Republic of Korea 83.9% compare
  3. 2 Korea 83.9% compare
  4. 4 Thailand 46.0% compare
  5. 5 Türkiye 38.5% compare
  6. 5 Türkiye 38.5% compare

See the full ranking of 198 places →

More development goals data for Southern Asia

All data for Southern Asia →

Frequently asked questions

What is worldwide weighted tariff-average, most-favoured-nation status, by in Southern Asia?
Worldwide weighted tariff-average, most-favoured-nation status, by in Southern Asia was 19.5% 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 Southern Asia?
The highest recorded value was 33.8% in 2019.
What is the lowest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Southern Asia?
The lowest recorded value was 13.6% in 2022.
How does Southern Asia rank for worldwide weighted tariff-average, most-favoured-nation status, by?
Southern Asia ranks 3rd out of 37 groups with data for 2024.
Is worldwide weighted tariff-average, most-favoured-nation status, by rising or falling in Southern Asia?
Over the last ten years it is down 21.7%. The long-run trend across the full record is falling.
Where does this Southern Asia 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 Southern Asia. 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/southern-asia/

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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