Mongolia vs Panama: Tariff rate, applied, simple mean, manufactured products
Tariff rate, applied, simple mean, manufactured products over time
- Mongolia
- Panama
How they compare
Panama currently reports 5.3% against 4.8% in Mongolia, a difference of 0.5%.
That makes Panama's figure about 1.1 times Mongolia's.
Across all 18 years both countries report, Panama has been ahead every year.
Mongolia ranks 101st and Panama ranks 98th of 184 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Mongolia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0% | 7.9% | 7.9% | Panama |
| 2000s | 5.1% | 7.3% | 2.2% | Panama |
| 2010s | 4.9% | 6.9% | 2.0% | Panama |
| 2020s | 4.9% | 5.4% | 0.5% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, simple mean, manufactured products, Mongolia or Panama?
- Panama, at 5.3% against 4.8% in Mongolia as of 2022.
- What is the difference in tariff rate, applied, simple mean, manufactured products between Mongolia and Panama?
- 0.5%, with Panama ahead.
- How many years of comparable data are there for Mongolia and Panama?
- 18 years are reported by both, from 1999 to 2022.
- How do Mongolia and Panama rank globally for tariff rate, applied, simple mean, manufactured products?
- Mongolia ranks 101st and Panama ranks 98th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.