Tariff rate, most favored nation, weighted mean, manufactured products in Paraguay
Paraguay: Tariff rate, most favored nation, weighted mean, manufactured products was 7.7% in 2022. ▼ Falling
Tariff rate, most favored nation, weighted mean, manufactured products in Paraguay, 1991–2022
Source: Staff estimates. Measured in %.
Analysis
Paraguay recorded 7.7% for tariff rate, most favored nation, weighted mean, manufactured products in 2022.
Compared with earlier readings it is up 1.4% on the previous year and down 5.9% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Paraguay peaked at 14.5% in 1991 and was at its lowest, 5.4%, in 2006.
Paraguay ranks 82nd of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Tariff rate, most favored nation, weighted mean, manufactured products in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 14.5% | — |
| 1994 | 8.2% | -43.8% |
| 1995 | 10.4% | +27.6% |
| 1996 | 9.4% | -9.4% |
| 1997 | 9.9% | +5.1% |
| 1998 | 10.2% | +3.4% |
| 1999 | 10.5% | +2.5% |
| 2000 | 11.7% | +11.7% |
| 2001 | 11.9% | +1.8% |
| 2002 | 11.3% | -5.0% |
| 2003 | 11.6% | +1.9% |
| 2004 | 11.7% | +1.5% |
| 2005 | 9.5% | -18.9% |
| 2006 | 5.4% | -43.1% |
| 2007 | 6.9% | +27.9% |
| 2008 | 7.2% | +4.8% |
| 2009 | 7.3% | +0.1% |
| 2010 | 7.5% | +3.4% |
| 2011 | 8.0% | +6.3% |
| 2012 | 8.2% | +2.5% |
| 2013 | 8.3% | +1.7% |
| 2014 | 8.1% | -2.4% |
| 2015 | 8.5% | +4.6% |
| 2016 | 8.1% | -4.1% |
| 2017 | 8.0% | -2.1% |
| 2018 | 8.1% | +1.0% |
| 2019 | 8.1% | +0.0% |
| 2020 | 7.4% | -8.2% |
| 2021 | 7.6% | +2.7% |
| 2022 | 7.7% | +1.4% |
Paraguay compared with similar countries
- Paraguay's 7.7% is above the median for upper middle income countries, which is 6.6%, 1.2× the median. (53 countries reporting)
- Paraguay's 7.7% is below the median for Latin America & Caribbean, which is 9.3%, 82% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Tariff rate, most favored nation, weighted mean, manufactured products in Paraguay 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 |
|---|---|---|---|
| 1994 | -43.8% | 14.5% | 8.2% |
| 2006 | -43.1% | 9.5% | 5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.4% | 8.2% | 14.5% | 7 |
| 2000s | 9.5% | 5.4% | 11.9% | 10 |
| 2010s | 8.1% | 7.5% | 8.5% | 10 |
| 2020s | 7.6% | 7.4% | 7.7% | 3 |
Countries ranked near Paraguay
- 79 Türkiye 8.0% compare
- 80 Tanzania, United Republic of 8.0% compare
- 81 Tonga 7.8% compare
- 83 Namibia 7.7% compare
- 84 Bosnia and Herzegovina 7.4% compare
- 85 Azerbaijan 7.4% compare
More private sector data for Paraguay
- Merchandise trade 61.3% (2025)
- Food imports 7.8% (2025)
- Manufactures imports 79.2% (2025)
- Merchandise imports 19.13 billion current US$ (2025)
- Food exports 69.1% (2025)
- Manufactures exports 16.3% (2025)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,580 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2249 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.86 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, manufactured products in Paraguay?
- Tariff rate, most favored nation, weighted mean, manufactured products in Paraguay was 7.7% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Paraguay?
- The highest recorded value was 14.5% in 1991.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Paraguay?
- The lowest recorded value was 5.4% in 2006.
- How does Paraguay rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Paraguay ranks 82nd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Paraguay?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
- Where does this Paraguay 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 — 30 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.