Panama vs Thailand: Tariff rate, most favored nation, weighted mean, all products

Panama
5.9%
in 2022
Thailand
6.0%
in 2022
Panama rank
109th
Thailand rank
107th

Tariff rate, most favored nation, weighted mean, all products over time

  • Panama
  • Thailand
010203040198920052022

How they compare

Thailand currently reports 6.0% against 5.9% in Panama, a difference of 0.1%.

The two have swapped places 2 times across 16 shared years of data; in 1999 it was Thailand ahead.

Panama ranks 109th and Thailand ranks 107th of 184 countries.

Across the 4 decades both report, Panama averaged higher in 2 and Thailand in 2.

Head to head by decade

Decade Panama Thailand Difference Ahead
1990s 7.8% 33.5% 25.7% Thailand
2000s 7.5% 6.5% 1.0% Panama
2010s 6.1% 5.7% 0.4% Panama
2020s 6.2% 6.8% 0.6% Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tariff rate, most favored nation, weighted mean, all products, Panama or Thailand?
Thailand, at 6.0% against 5.9% in Panama as of 2022.
What is the difference in tariff rate, most favored nation, weighted mean, all products between Panama and Thailand?
0.1%, with Thailand ahead.
How many years of comparable data are there for Panama and Thailand?
16 years are reported by both, from 1999 to 2022.
How do Panama and Thailand rank globally for tariff rate, most favored nation, weighted mean, all products?
Panama ranks 109th and Thailand ranks 107th of 184 countries.
Where does this data come from?
Staff estimates, published as Tariff rate, most favored nation, weighted mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Thailand: Tariff rate, most favored nation, weighted mean, all products. Statizoid, drawing on Staff estimates. Retrieved 13 September 2026, from https://private-sector.statizoid.com/compare/tariff-rate-most-favored-nation-weighted-mean-all-products-percent/panama/thailand/

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About this data

Indicator
Tariff rate, most favored nation, weighted mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 3,800 data points, 1988–2022
Last refreshed

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.