Tariff rate, applied, simple mean, all products in Nicaragua
Nicaragua: Tariff rate, applied, simple mean, all products was 3.0% in 2022. ▼ Falling
Tariff rate, applied, simple mean, all products in Nicaragua, 1995–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, applied, simple mean, all products in Nicaragua is 3.0%, measured in 2022. That is the lowest value across all 28 years on record.
That represents a change of down 2.0% on the previous year and down 30.7% over ten years.
Over the whole period, tariff rate, applied, simple mean, all products in Nicaragua peaked at 9.1% in 1996 and was at its lowest, 3.0%, in 2022.
Nicaragua ranks 129th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.5% | 4.9% | 9.1% | 5 |
| 2000s | 4.9% | 3.0% | 6.7% | 10 |
| 2010s | 3.8% | 3.2% | 4.4% | 10 |
| 2020s | 3.1% | 3.0% | 3.3% | 3 |
Countries ranked near Nicaragua
More private sector data for Nicaragua
- Merchandise exports 8.89 billion current US$ (2025)
- Manufactures exports 37.0% (2024)
- Food exports 42.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Manufactures imports 68.6% (2024)
- Food imports 16.6% (2024)
- Merchandise trade 95.9% (2025)
- Commercial service exports 1.19 billion current US$ (2024)
- Transport services 57.8% (2024)
- Computer, communications and other services 9.6% (2024)
Frequently asked questions
- What is tariff rate, applied, simple mean, all products in Nicaragua?
- Tariff rate, applied, simple mean, all products in Nicaragua was 3.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, all products recorded in Nicaragua?
- The highest recorded value was 9.1% in 1996.
- What is the lowest tariff rate, applied, simple mean, all products recorded in Nicaragua?
- The lowest recorded value was 3.0% in 2022.
- How does Nicaragua rank for tariff rate, applied, simple mean, all products?
- Nicaragua ranks 129th out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, all products rising or falling in Nicaragua?
- Over the last ten years it is down 30.7%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all 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
Simple mean applied tariff is the unweighted average of effectively applied 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.