Nicaragua Tariff Rates 1995-2024

Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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.
  • Nicaragua tariff rates for 2020 was 1.84%, a 0.02% decline from 2019.
  • Nicaragua tariff rates for 2019 was 1.86%, a 0.09% decline from 2018.
  • Nicaragua tariff rates for 2018 was 1.95%, a 0.38% decline from 2017.
  • Nicaragua tariff rates for 2017 was 2.33%, a 0.16% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Applied, Weighted Mean, All Products (%)
Solomon Islands 13.62%
Vanuatu 12.66%
Nigeria 12.37%
Mauritania 12.19%
Cabo Verde 12.18%
Bangladesh 10.99%
Ghana 10.51%
Kenya 9.32%
Angola 9.23%
Pakistan 8.67%
Bhutan 6.60%
Sri Lanka 6.28%
Cambodia 6.21%
India 6.19%
Mongolia 5.30%
Bolivia 5.18%
Zambia 4.82%
Papua New Guinea 3.63%
Morocco 3.61%
Honduras 3.31%
Lesotho 3.31%
Uzbekistan 2.63%
Timor-Leste 2.53%
Kyrgyz Republic 2.33%
Eswatini 2.27%
Indonesia 2.04%
El Salvador 1.91%
Nicaragua 1.84%
Philippines 1.67%
Ukraine 1.67%
Vietnam 1.34%
Moldova 1.26%
Lao PDR 0.97%
Georgia 0.21%
Sudan 0.00%
Nicaragua Tariff Rates - Historical Data
Year Applied, Weighted Mean, All Products (%) Annual Change
2020 1.84% -0.02%
2019 1.86% -0.09%
2018 1.95% -0.38%
2017 2.33% 0.16%
2016 2.17% 0.24%
2015 1.93% -0.02%
2014 1.95% 0.21%
2013 1.74% -1.13%
2012 2.87% -0.01%
2011 2.88% 0.78%
2010 2.10% -0.27%
2009 2.37% -2.03%
2008 4.40% 0.81%
2007 3.59% -0.54%
2006 4.13% -1.33%
2005 5.46% 1.70%
2004 3.76% 0.83%
2003 2.93% 0.04%
2002 2.89% -0.23%
2001 3.12% 0.25%
2000 2.87% -5.40%
1999 8.27% 3.74%
1998 4.53% -1.41%
1997 5.94% -2.32%
1996 8.26% 2.71%
1995 5.55% 2.71%