Nicaragua vs Timor-Leste: Tariff rate, applied, weighted mean, manufactured products
Tariff rate, applied, weighted mean, manufactured products over time
- Nicaragua
- Timor-Leste
How they compare
Timor-Leste currently reports 2.5% against 2.3% in Nicaragua, a difference of 0.2%.
That makes Timor-Leste's figure about 1.1 times Nicaragua's.
Across all 8 years both countries report, Timor-Leste has been ahead every year.
Nicaragua ranks 114th and Timor-Leste ranks 112th of 184 countries.
Timor-Leste has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nicaragua | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.0% | 2.5% | 0.5% | Timor-Leste |
| 2020s | 2.0% | 2.5% | 0.5% | Timor-Leste |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, manufactured products, Nicaragua or Timor-Leste?
- Timor-Leste, at 2.5% against 2.3% in Nicaragua as of 2021.
- What is the difference in tariff rate, applied, weighted mean, manufactured products between Nicaragua and Timor-Leste?
- 0.2%, with Timor-Leste ahead.
- How many years of comparable data are there for Nicaragua and Timor-Leste?
- 8 years are reported by both, from 2011 to 2021.
- How do Nicaragua and Timor-Leste rank globally for tariff rate, applied, weighted mean, manufactured products?
- Nicaragua ranks 114th and Timor-Leste ranks 112th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, weighted mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.