Tariff rate, most favored nation, simple mean … manufactured simple in Honduras
Honduras: Tariff rate, most favored nation, simple mean … manufactured simple was 4.9% in 2022. ▼ Falling
Tariff rate, most favored nation, simple mean, manufactured products in Honduras, 1995–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, simple mean, manufactured products in Honduras is 4.9%, measured in 2022. That is the lowest value across all 24 years on record.
The figure is down 1.6% on the previous year and down 1.6% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Honduras peaked at 9.6% in 1995 and was at its lowest, 4.9%, in 2022.
That places Honduras 122nd out of 186 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Tariff rate, most favored nation, simple mean … manufactured simple in Honduras, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 9.6% | — |
| 1996 | 6.7% | -30.6% |
| 1997 | 8.3% | +25.0% |
| 1998 | 7.2% | -13.5% |
| 1999 | 7.2% | +0.1% |
| 2000 | 7.0% | -2.9% |
| 2001 | 6.7% | -5.0% |
| 2002 | 5.5% | -17.1% |
| 2003 | 5.5% | -0.4% |
| 2004 | 5.5% | +0.5% |
| 2005 | 5.2% | -6.7% |
| 2006 | 5.1% | -0.4% |
| 2007 | 5.0% | -1.8% |
| 2008 | 5.0% | -0.2% |
| 2009 | 5.0% | -0.6% |
| 2010 | 5.0% | +0.0% |
| 2011 | 5.0% | +0.0% |
| 2012 | 4.9% | -1.4% |
| 2013 | 4.9% | -0.4% |
| 2015 | 4.9% | +0.0% |
| 2018 | 4.9% | -0.2% |
| 2020 | 4.9% | +0.0% |
| 2021 | 4.9% | +0.6% |
| 2022 | 4.9% | -1.6% |
Honduras compared with similar countries
- Honduras's 4.9% is below the median for lower middle income countries, which is 11.0%, 44% of the median. (46 countries reporting)
- Honduras's 4.9% is below the median for Latin America & Caribbean, which is 8.7%, 56% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, simple mean … manufactured simple in Honduras changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -30.6% | 9.6% | 6.7% |
| 1997 | +25.0% | 6.7% | 8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.8% | 6.7% | 9.6% | 5 |
| 2000s | 5.6% | 5.0% | 7.0% | 10 |
| 2010s | 5.0% | 4.9% | 5.0% | 6 |
| 2020s | 4.9% | 4.9% | 4.9% | 3 |
Countries ranked near Honduras
More private sector data for Honduras
- Merchandise trade 77.4% (2025)
- Food imports 19.5% (2024)
- Manufactures imports 61.5% (2024)
- Merchandise imports 18.64 billion current US$ (2025)
- Commercial service imports 4.03 billion current US$ (2025)
- Food exports 53.5% (2024)
- Manufactures exports 39.1% (2024)
- Merchandise exports 12.00 billion current US$ (2025)
- Commercial service exports 3.80 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,091 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Honduras?
- Tariff rate, most favored nation, simple mean, manufactured products in Honduras was 4.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Honduras?
- The highest recorded value was 9.6% in 1995.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Honduras?
- The lowest recorded value was 4.9% in 2022.
- How does Honduras rank for tariff rate, most favored nation, simple mean, manufactured products?
- Honduras ranks 122nd out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Honduras?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- Where does this Honduras data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.