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

South America: Worldwide weighted tariff-average, preferential status, by type of was 2.6% in 2024. ▼ Falling

Latest (2024)
2.6%
Change on year
unchanged
Rank
25th
of 32 groups
All-time high
6.4%
in 2016
All-time low
2.5%
in 2021
Years of data
12
2005–2024

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

02462005201420242005: 5.72010: 5.62015: 6.32016: 6.42017: 4.42018: 42019: 3.22020: 3.12021: 2.52022: 2.52023: 2.62024: 2.6

Source: United Nations Statistics Division, SDG Global Database.

Analysis

South America recorded 2.6% for worldwide weighted tariff-average, preferential status, by type of in 2024.

The figure is down 58.0% over ten years.

Over the whole period, worldwide weighted tariff-average, preferential status, by type of in South America peaked at 6.4% in 2016 and was at its lowest, 2.5%, in 2021.

South America ranks 25th of 32 groups on this measure, in the bottom quarter.

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 South America, year by year

Annual values for Worldwide weighted tariff-average, preferential status, by type of product (%) in South America, 2005 to 2024.
Year Value Change
2005 5.7%
2010 5.6% -2.9%
2015 6.3% +12.6%
2016 6.4% +1.5%
2017 4.4% -31.2%
2018 4.0% -8.9%
2019 3.2% -19.8%
2020 3.1% -4.7%
2021 2.5% -18.4%
2022 2.5% +2.1%
2023 2.6% +3.6%
2024 2.6% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.7% 5.7% 5.7% 1
2010s 5.0% 3.2% 6.4% 6
2020s 2.7% 2.5% 3.1% 5

Countries ranked near South America

  1. 22 Gambia 16.4% compare
  2. 23 Benin 16.0% compare
  3. 24 Norway 15.9% compare
  4. 25 Sierra Leone 15.7% compare
  5. 26 Trinidad and Tobago 15.5% compare
  6. 27 Panama 15.0% compare
  7. 28 Togo 15.0% compare

See the full ranking of 188 places →

More development goals data for South America

All data for South America →

Frequently asked questions

What is worldwide weighted tariff-average, preferential status, by type of in South America?
Worldwide weighted tariff-average, preferential status, by type of in South America was 2.6% 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 South America?
The highest recorded value was 6.4% in 2016.
What is the lowest worldwide weighted tariff-average, preferential status, by type of recorded in South America?
The lowest recorded value was 2.5% in 2021.
How does South America rank for worldwide weighted tariff-average, preferential status, by type of?
South America ranks 25th out of 32 groups with data for 2024.
Is worldwide weighted tariff-average, preferential status, by type of rising or falling in South America?
Over the last ten years it is down 58.0%. The long-run trend across the full record is falling.
Where does this South America 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 South America. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 03 September 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-preferential-status-by-type-of-product-percent/south-america/

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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