Tariff rate across all products in Nicaragua

Nicaragua: Tariff rate across all products was 2.0% in 2022. ◆ Volatile

Latest (2022)
2.0%
Change on year
up 4.1%
World rank
129th
of 184 countries
All-time high
8.3%
in 1999
All-time low
1.7%
in 2013
Years of data
28
1995–2022

Tariff rate across all products in Nicaragua, 1995–2022

24681995200820221995: 5.5 %1996: 8.3 %1997: 5.9 %1998: 4.5 %1999: 8.3 %2000: 2.9 %2001: 3.1 %2002: 2.9 %2003: 2.9 %2004: 3.8 %2005: 5.5 %2006: 4.1 %2007: 3.6 %2008: 4.4 %2009: 2.4 %2010: 2.1 %2011: 2.9 %2012: 2.9 %2013: 1.7 %2014: 1.9 %2015: 1.9 %2016: 2.2 %2017: 2.3 %2018: 1.9 %2019: 1.9 %2020: 1.8 %2021: 2 %2022: 2 %

Source: World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data. Measured in %.

Analysis

Nicaragua recorded 2.0% for tariff rate across all products in 2022.

That represents a change of up 4.1% on the previous year and down 28.9% over ten years.

Over the whole period, tariff rate across all products in Nicaragua peaked at 8.3% in 1999 and was at its lowest, 1.7%, in 2013.

That places Nicaragua 129th out of 184 countries with data for 2022, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.5% 4.5% 8.3% 5
2000s 3.6% 2.4% 5.5% 10
2010s 2.2% 1.7% 2.9% 10
2020s 1.9% 1.8% 2.0% 3

Countries ranked near Nicaragua

  1. 126 El Salvador 2.2% compare
  2. 127 Oman 2.1% compare
  3. 128 Honduras 2.1% compare
  4. 130 Ukraine 1.9% compare
  5. 131 Indonesia 1.8% compare
  6. 132 Philippines 1.8% compare

See the full ranking of 184 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is tariff rate across all products in Nicaragua?
Tariff rate across all products in Nicaragua was 2.0% in 2022, according to World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data.
What is the highest tariff rate across all products recorded in Nicaragua?
The highest recorded value was 8.3% in 1999.
What is the lowest tariff rate across all products recorded in Nicaragua?
The lowest recorded value was 1.7% in 2013.
How does Nicaragua rank for tariff rate across all products?
Nicaragua ranks 129th out of 184 countries with data for 2022.
Is tariff rate across all products rising or falling in Nicaragua?
Over the last ten years it is down 28.9%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data, published as part of Tariff rate across 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 (Our World in Data).

About this data

Indicator
Tariff rate across all products
Unit
%
Source
World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,763 data points, 1988–2022
Last refreshed

Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.