24Peaks / North America / Nicaragua / MFN Simple Average Tariff (%)

Nicaragua - MFN Simple Average Tariff (%) 5.69

World Bank WITS · updated 2026-10-03 · 180 economies tracked

Latest value

5.69 (2023)

Global rank

##42 of 180 economies

vs global median

0.8×

Growth since 1995

0.57×

Ranking Race — MFN Simple Average Tariff (%)

1 = global #1 · lower value ranks higher

#1#17#33#49#65#8119881993199820032008201320182023#14#422021 overtook France2023 overtook Malaysia
NicaraguaMacao SAR, ChinaSingaporeMauritiusNew Zealand

Real annual global ranks, 1988 - 2023. Nicaragua climbed from #14 to #42 (overtook France). Gaps in a lane = missing data that year.

Key events for Nicaragua ↓

Key Events — Nicaragua

Auto-detected from rank data + curated milestones

2000
Climbed 17 places in global rank auto
2007
Fell 16 places in global rank auto
2010
Climbed 19 places in global rank auto
2013
Fell 24 places in global rank auto
2021
Overtook France in global rank auto
2023
Overtook Malaysia in global rank auto

MFN Simple Average Tariff (%), 1995-2023

World Bank WITS · % · linear scale · ranking in the race above
19952005201520233.786.028.2710.52
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.