Worldwide weighted tariff-average, preferential status, by type in Panama
Panama: Worldwide weighted tariff-average, preferential status, by type was 15.0% in 2024. ▼ Falling
Worldwide weighted tariff-average, preferential status, by type of in Panama, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Panama recorded 15.0% for worldwide weighted tariff-average, preferential status, by type of in 2024.
That represents a change of down 6.1% over ten years.
Over the whole period, worldwide weighted tariff-average, preferential status, by type of in Panama peaked at 17.6% in 2005 and was at its lowest, 13.7%, in 2017.
That places Panama 32nd out of 162 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Worldwide weighted tariff-average, preferential status, by type in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 17.6% | — |
| 2010 | 17.4% | -1.2% |
| 2015 | 16.0% | -8.0% |
| 2016 | 15.0% | -6.5% |
| 2017 | 13.7% | -8.4% |
| 2018 | 13.7% | +0.0% |
| 2019 | 14.2% | +3.7% |
| 2021 | 16.3% | +14.7% |
| 2022 | 14.0% | -14.4% |
| 2023 | 15.0% | +7.6% |
| 2024 | 15.0% | +0.0% |
Panama compared with similar countries
- Panama's 15.0% is above the median for high income countries, which is 6.8%, 2.2× the median. (34 countries reporting)
- Panama's 15.0% is above the median for Latin America & Caribbean, which is 6.5%, 2.3× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.6% | 17.6% | 17.6% | 1 |
| 2010s | 15.0% | 13.7% | 17.4% | 6 |
| 2020s | 15.1% | 14.0% | 16.3% | 4 |
Countries ranked near Panama
More development goals data for Panama
- Red List Index 0.7539 (2025)
- Number of refugees per 100,000 population, by country of origin 7.39 (2025)
- Manufacturing value added per capita 860.74 (2025)
- Number of transboundary breeds 45 (2025)
- Number of transboundary breeds (not extinct) 45 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 2 (2025)
- Number of local breeds (not extinct) 9 (2025)
- Number of local breeds kept in the country 9 (2025)
- Infant deaths 855 (2024)
Frequently asked questions
- What is worldwide weighted tariff-average, preferential status, by type of in Panama?
- Worldwide weighted tariff-average, preferential status, by type of in Panama was 15.0% 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 Panama?
- The highest recorded value was 17.6% in 2005.
- What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in Panama?
- The lowest recorded value was 13.7% in 2017.
- How does Panama rank for worldwide weighted tariff-average, preferential status, by type of?
- Panama ranks 32nd out of 162 countries with data for 2024.
- Is worldwide weighted tariff-average, preferential status, by type of rising or falling in Panama?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is falling.
- Where does this Panama 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.
Download this data
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