Guatemala vs Nicaragua: Tariff rate, most favored nation, simple mean, all products
Tariff rate, most favored nation, simple mean, all products over time
- Guatemala
- Nicaragua
How they compare
Nicaragua currently reports 5.7% against 5.6% in Guatemala, a difference of 0.1%.
The two have swapped places 5 times across 23 shared years of data; in 1995 it was Guatemala ahead.
Guatemala ranks 126th and Nicaragua ranks 125th of 186 countries.
Across the 4 decades both report, Guatemala averaged higher in 2 and Nicaragua in 2.
Head to head by decade
| Decade | Guatemala | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.5% | 8.1% | 0.4% | Guatemala |
| 2000s | 6.0% | 5.1% | 0.9% | Guatemala |
| 2010s | 5.6% | 5.7% | 0.1% | Nicaragua |
| 2020s | 5.6% | 5.7% | 0.1% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, most favored nation, simple mean, all products, Guatemala or Nicaragua?
- Nicaragua, at 5.7% against 5.6% in Guatemala as of 2022.
- What is the difference in tariff rate, most favored nation, simple mean, all products between Guatemala and Nicaragua?
- 0.1%, with Nicaragua ahead.
- How many years of comparable data are there for Guatemala and Nicaragua?
- 23 years are reported by both, from 1995 to 2022.
- How do Guatemala and Nicaragua rank globally for tariff rate, most favored nation, simple mean, all products?
- Guatemala ranks 126th and Nicaragua ranks 125th of 186 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, most favored nation, 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 most favored nation tariff rate is the unweighted average of most favored nation 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.