Tariff rate, most favored nation, weighted mean, all products (%) - Country Ranking - Central America & the Caribbean

Definition: Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrate

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Belize 20.74 2020
2 The Bahamas 17.69 2018
3 Cayman Islands 16.72 2016
4 Barbados 15.57 2020
5 Antigua and Barbuda 14.72 2020
6 St. Vincent and the Grenadines 13.38 2020
7 St. Lucia 13.17 2020
8 Grenada 11.40 2019
9 Cuba 10.45 2020
10 St. Kitts and Nevis 10.24 2020
11 Dominica 9.88 2020
12 Jamaica 9.78 2020
13 Trinidad and Tobago 9.03 2013
14 El Salvador 8.42 2020
15 Dominican Republic 7.97 2020
16 Honduras 7.65 2020
17 Nicaragua 7.49 2020
18 Haiti 6.76 2020
19 Panama 5.77 2020
20 Guatemala 5.45 2020
21 Costa Rica 5.44 2020

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Periodicity: Annual