Worldwide weighted tariff-average, preferential status, by type of in Caribbean

Caribbean: Worldwide weighted tariff-average, preferential status, by type of was 9.2% in 2024. ▼ Falling

Latest (2024)
9.2%
Change on year
down 3.4%
Rank
15th
of 32 groups
All-time high
12.5%
in 2005
All-time low
8.1%
in 2020
Years of data
12
2005–2024

Worldwide weighted tariff-average, preferential status, by type of in Caribbean, 2005–2024

0510152005201420242005: 12.52010: 10.22015: 11.12016: 9.42017: 9.92018: 9.72019: 8.52020: 8.12021: 9.82022: 9.62023: 9.52024: 9.2

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, worldwide weighted tariff-average, preferential status, by type of in Caribbean stood at 9.2%.

The figure is down 3.4% on the previous year and down 17.6% over ten years.

Over the whole period, worldwide weighted tariff-average, preferential status, by type of in Caribbean peaked at 12.5% in 2005 and was at its lowest, 8.1%, in 2020.

Caribbean ranks 15th of 32 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, preferential status, by type of in Caribbean, year by year

Annual values for Worldwide weighted tariff-average, preferential status, by type of product (%) in Caribbean, 2005 to 2024.
Year Value Change
2005 12.5%
2010 10.2% -18.8%
2015 11.1% +9.6%
2016 9.4% -16.0%
2017 9.9% +6.1%
2018 9.7% -1.9%
2019 8.5% -12.9%
2020 8.1% -5.0%
2021 9.8% +22.0%
2022 9.6% -2.4%
2023 9.5% -0.9%
2024 9.2% -3.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.5% 12.5% 12.5% 1
2010s 9.8% 8.5% 11.1% 6
2020s 9.2% 8.1% 9.8% 5

Countries ranked near Caribbean

  1. 12 Sri Lanka 18.8% compare
  2. 13 Switzerland 18.5% compare
  3. 14 Gabon 18.5% compare
  4. 15 Congo 18.2% compare
  5. 16 Central African Republic 18.1% compare
  6. 17 Liberia 18.1% compare
  7. 18 Cameroon 17.1% compare

See the full ranking of 188 places →

More development goals data for Caribbean

All data for Caribbean →

Frequently asked questions

What is worldwide weighted tariff-average, preferential status, by type of in Caribbean?
Worldwide weighted tariff-average, preferential status, by type of in Caribbean was 9.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest worldwide weighted tariff-average, preferential status, by type of recorded in Caribbean?
The highest recorded value was 12.5% in 2005.
What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in Caribbean?
The lowest recorded value was 8.1% in 2020.
How does Caribbean rank for worldwide weighted tariff-average, preferential status, by type of?
Caribbean ranks 15th out of 32 groups with data for 2024.
Is worldwide weighted tariff-average, preferential status, by type of rising or falling in Caribbean?
Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
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, preferential status, by type of product (%). Statizoid updates them automatically from the source API.

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Worldwide weighted tariff-average, preferential status, by type of in Caribbean. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 25 August 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-preferential-status-by-type-of-product-percent/caribbean/

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About this data

Indicator
Worldwide weighted tariff-average, preferential status, by type of product (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
188 places, 2,110 data points, 2005–2024
Last refreshed