Tariff rate, most favored nation, weighted mean, all products in Honduras
Honduras: Tariff rate, most favored nation, weighted mean, all products was 8.3% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, all products in Honduras, 1995–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, all products in Honduras stood at 8.3%.
That represents a change of up 3.1% on the previous year and up 31.4% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Honduras peaked at 9.8% in 1997 and was at its lowest, 5.8%, in 2013.
Honduras ranks 78th of 184 countries on this measure, 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, weighted mean, all products in Honduras, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 9.0% | — |
| 1996 | 7.8% | -13.0% |
| 1997 | 9.8% | +25.1% |
| 1998 | 8.1% | -17.5% |
| 1999 | 7.7% | -4.3% |
| 2000 | 8.3% | +8.4% |
| 2001 | 8.8% | +5.4% |
| 2002 | 7.2% | -18.4% |
| 2003 | 7.2% | +0.0% |
| 2004 | 6.8% | -4.6% |
| 2005 | 6.0% | -12.3% |
| 2006 | 5.9% | -1.5% |
| 2007 | 6.5% | +10.0% |
| 2008 | 6.5% | -0.6% |
| 2009 | 6.7% | +3.7% |
| 2010 | 6.7% | -0.9% |
| 2011 | 6.3% | -4.5% |
| 2012 | 6.3% | -0.6% |
| 2013 | 5.8% | -8.6% |
| 2015 | 6.0% | +4.3% |
| 2018 | 7.4% | +22.6% |
| 2020 | 7.7% | +3.7% |
| 2021 | 8.0% | +5.1% |
| 2022 | 8.3% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.5% | 7.7% | 9.8% | 5 |
| 2000s | 7.0% | 5.9% | 8.8% | 10 |
| 2010s | 6.4% | 5.8% | 7.4% | 6 |
| 2020s | 8.0% | 7.7% | 8.3% | 3 |
Countries ranked near Honduras
- 75 Lao People's Democratic Republic 8.4% compare
- 76 Congo, Democratic Republic of the 8.4% compare
- 77 French Polynesia 8.4% compare
- 79 Pakistan 8.1% compare
- 80 Paraguay 8.0% compare
- 81 Bosnia and Herzegovina 7.9% compare
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)
- Food exports 53.5% (2024)
- Manufactures exports 39.1% (2024)
- Merchandise exports 12.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,091 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3031 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.31 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, all products in Honduras?
- Tariff rate, most favored nation, weighted mean, all products in Honduras was 8.3% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Honduras?
- The highest recorded value was 9.8% in 1997.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Honduras?
- The lowest recorded value was 5.8% in 2013.
- How does Honduras rank for tariff rate, most favored nation, weighted mean, all products?
- Honduras ranks 78th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, all products rising or falling in Honduras?
- Over the last ten years it is up 31.4%. 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, weighted mean, all products (%). Statizoid updates them automatically from the source API.
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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.