Nicaragua vs United States of America: Tariff rate, applied, simple mean, all products
Tariff rate, applied, simple mean, all products over time
- Nicaragua
- United States of America
How they compare
Nicaragua currently reports 3.0% against 2.7% in United States of America, a difference of 0.3%.
That makes Nicaragua's figure about 1.1 times United States of America's.
The two have swapped places 4 times across 28 shared years of data; in 1995 it was Nicaragua ahead.
Nicaragua ranks 129th and United States of America ranks 131st of 184 countries.
Nicaragua has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nicaragua | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.5% | 4.3% | 3.1% | Nicaragua |
| 2000s | 4.9% | 3.4% | 1.5% | Nicaragua |
| 2010s | 3.8% | 3.6% | 0.2% | Nicaragua |
| 2020s | 3.1% | 2.8% | 0.3% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, simple mean, all products, Nicaragua or United States of America?
- Nicaragua, at 3.0% against 2.7% in United States of America as of 2022.
- What is the difference in tariff rate, applied, simple mean, all products between Nicaragua and United States of America?
- 0.3%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and United States of America?
- 28 years are reported by both, from 1995 to 2022.
- How do Nicaragua and United States of America rank globally for tariff rate, applied, simple mean, all products?
- Nicaragua ranks 129th and United States of America ranks 131st of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.