Tariff rate, most favored nation, weighted mean, manufactured products in Colombia
Colombia: Tariff rate, most favored nation, weighted mean, manufactured products was 5.5% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Colombia, 1991–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, most favored nation, weighted mean, manufactured products in Colombia stood at 5.5%.
The figure is up 4.6% on the previous year and down 26.0% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Colombia peaked at 12.2% in 1995 and was at its lowest, 5.3%, in 2021.
Colombia ranks 107th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 6.2% | — |
| 1992 | 10.5% | +68.2% |
| 1994 | 11.5% | +10.2% |
| 1995 | 12.2% | +6.0% |
| 1996 | 10.9% | -11.0% |
| 1997 | 11.1% | +1.7% |
| 1998 | 10.7% | -2.8% |
| 1999 | 10.0% | -6.6% |
| 2000 | 10.6% | +5.3% |
| 2001 | 10.3% | -2.3% |
| 2002 | 10.9% | +5.3% |
| 2003 | 10.6% | -2.2% |
| 2004 | 11.0% | +3.3% |
| 2005 | 11.2% | +1.7% |
| 2006 | 11.7% | +4.8% |
| 2007 | 12.0% | +2.4% |
| 2008 | 11.3% | -5.6% |
| 2009 | 10.6% | -6.4% |
| 2010 | 11.5% | +9.0% |
| 2011 | 8.7% | -24.6% |
| 2012 | 7.4% | -14.6% |
| 2013 | 7.0% | -5.2% |
| 2014 | 6.8% | -3.7% |
| 2015 | 6.0% | -12.2% |
| 2016 | 6.3% | +6.7% |
| 2017 | 8.8% | +38.0% |
| 2018 | 6.8% | -22.7% |
| 2019 | 6.6% | -3.0% |
| 2020 | 5.7% | -13.2% |
| 2021 | 5.3% | -7.7% |
| 2022 | 5.5% | +4.6% |
Colombia compared with similar countries
- Colombia's 5.5% is below the median for upper middle income countries, which is 6.6%, 83% of the median. (53 countries reporting)
- Colombia's 5.5% is below the median for Latin America & Caribbean, which is 9.3%, 59% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, manufactured products in Colombia 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 |
|---|---|---|---|
| 1992 | +68.2% | 6.2% | 10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.4% | 6.2% | 12.2% | 8 |
| 2000s | 11.0% | 10.3% | 12.0% | 10 |
| 2010s | 7.6% | 6.0% | 11.5% | 10 |
| 2020s | 5.5% | 5.3% | 5.7% | 3 |
Countries ranked near Colombia
- 104 Armenia 5.7% compare
- 105 Lebanon 5.7% compare
- 106 Saudi Arabia 5.6% compare
- 108 Botswana 5.4% compare
- 109 Kazakhstan 5.1% compare
- 109 Philippines 5.1% compare
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 937.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1095 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.05 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Colombia?
- Tariff rate, most favored nation, weighted mean, manufactured products in Colombia was 5.5% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Colombia?
- The highest recorded value was 12.2% in 1995.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Colombia?
- The lowest recorded value was 5.3% in 2021.
- How does Colombia rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Colombia ranks 107th out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Colombia?
- Over the last ten years it is down 26.0%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.