Palau vs Panama: Tariff rate, most favored nation, weighted mean, manufactured products
Tariff rate, most favored nation, weighted mean, manufactured products over time
- Palau
- Panama
How they compare
Palau currently reports 4.2% against 4.1% in Panama, a difference of 0.1%.
Across all 8 years both countries report, Panama has been ahead every year.
Palau ranks 125th and Panama ranks 127th of 184 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.3% | 7.2% | 3.9% | Panama |
| 2010s | 4.1% | 5.5% | 1.5% | Panama |
| 2020s | 4.2% | 4.5% | 0.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, most favored nation, weighted mean, manufactured products, Palau or Panama?
- Palau, at 4.2% against 4.1% in Panama as of 2021.
- What is the difference in tariff rate, most favored nation, weighted mean, manufactured products between Palau and Panama?
- 0.1%, with Palau ahead.
- How many years of comparable data are there for Palau and Panama?
- 8 years are reported by both, from 2005 to 2021.
- How do Palau and Panama rank globally for tariff rate, most favored nation, weighted mean, manufactured products?
- Palau ranks 125th and Panama ranks 127th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, most favored nation, weighted mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.