Worldwide weighted tariff-average, preferential status, by type of in Nicaragua
Nicaragua: Worldwide weighted tariff-average, preferential status, by type of was 1.2% in 2024. ◆ Volatile
Worldwide weighted tariff-average, preferential status, by type of in Nicaragua, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Nicaragua recorded 1.2% for worldwide weighted tariff-average, preferential status, by type of in 2024. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 7.8% on the previous year and down 78.9% over ten years.
Over the whole period, worldwide weighted tariff-average, preferential status, by type of in Nicaragua peaked at 6.3% in 2017 and was at its lowest, 1.2%, in 2024.
Nicaragua ranks 123rd of 138 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Worldwide weighted tariff-average, preferential status, by type of in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 2.8% | — |
| 2010 | 5.9% | +112.8% |
| 2015 | 5.8% | -1.9% |
| 2016 | 6.1% | +6.0% |
| 2017 | 6.3% | +2.0% |
| 2018 | 4.1% | -34.7% |
| 2019 | 3.3% | -18.2% |
| 2020 | 2.8% | -17.1% |
| 2021 | 2.3% | -17.4% |
| 2022 | 1.6% | -28.2% |
| 2023 | 1.3% | -19.2% |
| 2024 | 1.2% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | 2.8% | 2.8% | 1 |
| 2010s | 5.3% | 3.3% | 6.3% | 6 |
| 2020s | 1.9% | 1.2% | 2.8% | 5 |
Countries ranked near Nicaragua
- 120 Tajikistan 1.4% compare
- 121 Argentina 1.3% compare
- 122 Costa Rica 1.3% compare
- 124 Australia 1.0% compare
- 125 Mexico 0.8% compare
- 126 Australia and New Zealand 0.8% compare
More development goals data for Nicaragua
- Red List Index 0.8326 (2025)
- Number of refugees per 100,000 population, by country of origin 445.91 (2025)
- Manufacturing value added per capita 327.14 (2025)
- Number of transboundary breeds 53 (2023)
- Number of transboundary breeds (not extinct) 53 (2023)
- Number of transboundary breeds with unknown risk status 53 (2023)
- Number of local breeds with unknown risk status 9 (2023)
- Number of local breeds (not extinct) 9 (2023)
- Number of local breeds kept in the country 9 (2023)
- Infant deaths 1,246 (2024)
Frequently asked questions
- What is worldwide weighted tariff-average, preferential status, by type of in Nicaragua?
- Worldwide weighted tariff-average, preferential status, by type of in Nicaragua was 1.2% 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 Nicaragua?
- The highest recorded value was 6.3% in 2017.
- What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in Nicaragua?
- The lowest recorded value was 1.2% in 2024.
- How does Nicaragua rank for worldwide weighted tariff-average, preferential status, by type of?
- Nicaragua ranks 123rd out of 138 countries with data for 2024.
- Is worldwide weighted tariff-average, preferential status, by type of rising or falling in Nicaragua?
- Over the last ten years it is down 78.9%. The long-run trend across the full record is volatile.
- Where does this Nicaragua 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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