Tariff rate, applied, weighted mean, primary products (%) in Nicaragua
Nicaragua: Tariff rate, applied, weighted mean, primary products (%) was 1.2% in 2022. ◆ Volatile
Tariff rate, applied, weighted mean, primary products in Nicaragua, 1995–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, applied, weighted mean, primary products in Nicaragua stood at 1.2%. That is the lowest value across all 28 years on record.
Compared with earlier readings it is down 22.6% on the previous year and down 68.7% over ten years.
Over the whole period, tariff rate, applied, weighted mean, primary products in Nicaragua peaked at 11.0% in 1996 and was at its lowest, 1.2%, in 2022.
That places Nicaragua 142nd out of 184 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, applied, weighted mean, primary products (%) in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 7.1% | — |
| 1996 | 11.0% | +55.0% |
| 1997 | 8.7% | -21.3% |
| 1998 | 5.8% | -33.2% |
| 1999 | 10.5% | +80.8% |
| 2000 | 3.8% | -63.4% |
| 2001 | 4.2% | +9.1% |
| 2002 | 3.6% | -12.9% |
| 2003 | 3.7% | +0.8% |
| 2004 | 4.0% | +8.4% |
| 2005 | 5.4% | +35.4% |
| 2006 | 4.5% | -15.6% |
| 2007 | 3.9% | -15.2% |
| 2008 | 5.6% | +45.1% |
| 2009 | 2.9% | -48.6% |
| 2010 | 2.6% | -10.8% |
| 2011 | 3.6% | +42.0% |
| 2012 | 3.8% | +4.9% |
| 2013 | 2.1% | -44.4% |
| 2014 | 2.1% | +0.5% |
| 2015 | 2.1% | -3.7% |
| 2016 | 2.4% | +16.0% |
| 2017 | 3.3% | +39.3% |
| 2018 | 1.6% | -52.9% |
| 2019 | 1.8% | +15.9% |
| 2020 | 1.8% | -2.2% |
| 2021 | 1.6% | -12.9% |
| 2022 | 1.2% | -22.6% |
Nicaragua compared with similar countries
- Nicaragua's 1.2% is below the median for lower middle income countries, which is 7.4%, 16% of the median. (46 countries reporting)
- Nicaragua's 1.2% is below the median for Latin America & Caribbean, which is 5.6%, 21% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.6% | 5.8% | 11.0% | 5 |
| 2000s | 4.2% | 2.9% | 5.6% | 10 |
| 2010s | 2.5% | 1.6% | 3.8% | 10 |
| 2020s | 1.5% | 1.2% | 1.8% | 3 |
Countries ranked near Nicaragua
More private sector data for Nicaragua
- Merchandise trade 95.9% (2025)
- Food imports 16.6% (2024)
- Manufactures imports 68.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Commercial service imports 1.28 billion current US$ (2024)
- Food exports 42.6% (2024)
- Manufactures exports 37.0% (2024)
- Merchandise exports 8.89 billion current US$ (2025)
- Commercial service exports 1.19 billion current US$ (2024)
- Merchandise exports (current US$), per capita 1,269 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, applied, weighted mean, primary products in Nicaragua?
- Tariff rate, applied, weighted mean, primary products in Nicaragua was 1.2% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, weighted mean, primary products recorded in Nicaragua?
- The highest recorded value was 11.0% in 1996.
- What is the lowest tariff rate, applied, weighted mean, primary products recorded in Nicaragua?
- The lowest recorded value was 1.2% in 2022.
- How does Nicaragua rank for tariff rate, applied, weighted mean, primary products?
- Nicaragua ranks 142nd out of 184 countries with data for 2022.
- Is tariff rate, applied, weighted mean, primary products rising or falling in Nicaragua?
- Over the last ten years it is down 68.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, weighted mean, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).