Worldwide weighted tariff-average, preferential status, by type of in Latin America and the Caribbean
Latin America and the Caribbean: Worldwide weighted tariff-average, preferential status, by type of was 3.4% in 2024. ▼ Falling
Worldwide weighted tariff-average, preferential status, by type of in Latin America and the Caribbean, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for worldwide weighted tariff-average, preferential status, by type of in Latin America and the Caribbean is 3.4%, measured in 2024.
Compared with earlier readings it is down 1.6% on the previous year and down 39.7% over ten years.
Over the whole period, worldwide weighted tariff-average, preferential status, by type of in Latin America and the Caribbean peaked at 6.1% in 2005 and was at its lowest, 3.4%, in 2021.
Latin America and the Caribbean ranks 24th 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, preferential status, by type of in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.1% | — |
| 2010 | 5.7% | -7.6% |
| 2015 | 5.7% | +0.9% |
| 2016 | 5.2% | -9.2% |
| 2017 | 4.2% | -19.7% |
| 2018 | 4.3% | +3.1% |
| 2019 | 3.8% | -11.1% |
| 2020 | 3.4% | -9.7% |
| 2021 | 3.4% | -1.7% |
| 2022 | 3.6% | +5.0% |
| 2023 | 3.5% | -1.5% |
| 2024 | 3.4% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 6.1% | 6.1% | 1 |
| 2010s | 4.8% | 3.8% | 5.7% | 6 |
| 2020s | 3.5% | 3.4% | 3.6% | 5 |
Countries ranked near Latin America and the Caribbean
More development goals data for Latin America and the Caribbean
- Red List Index 0.7667 (2025)
- Number of refugees per 100,000 population, by country of origin 1,042 (2025)
- Manufacturing value added per capita 1,112 (2025)
- Number of transboundary breeds 348 (2025)
- Number of transboundary breeds (not extinct) 340 (2025)
- Number of transboundary breeds with unknown risk status 182 (2025)
- Number of local breeds with unknown risk status 452 (2025)
- Number of local breeds (not extinct) 569 (2025)
- Number of local breeds kept in the country 580 (2025)
- Infant deaths 123,123 (2024)
Frequently asked questions
- What is worldwide weighted tariff-average, preferential status, by type of in Latin America and the Caribbean?
- Worldwide weighted tariff-average, preferential status, by type of in Latin America and the Caribbean was 3.4% 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 Latin America and the Caribbean?
- The highest recorded value was 6.1% in 2005.
- What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in Latin America and the Caribbean?
- The lowest recorded value was 3.4% in 2021.
- How does Latin America and the Caribbean rank for worldwide weighted tariff-average, preferential status, by type of?
- Latin America and the Caribbean ranks 24th out of 37 groups with data for 2024.
- Is worldwide weighted tariff-average, preferential status, by type of rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is falling.
- Where does this Latin America and the 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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