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St. Kitts and Nevis Tariff rate, most favored nation, weighted mean, primary products (%)
What is St. Kitts and Nevis' tariff rate, most favored nation, weighted mean, primary products (%)? As of 2020, it's 11 USD Mn, down from 13.4 USD Mn in 2014.
| Label | Tariff rate, most favored nation, weighted mean, primary products (%) |
|---|---|
| 2014 | 13.37 USD Mn |
| 2015 | 13.42 USD Mn |
| 2016 | 13.47 USD Mn |
| 2017 | 54.48 USD Mn |
| 2018 | 54.47 USD Mn |
| 2019 | 54.44 USD Mn |
| 2020 | 11 USD Mn |
Data Source: World Bank and Wantstats Repository
St. Kitts and Nevis Tariff rate, most favored nation, weighted mean, primary products (%): Key Points
- In 2020, St. Kitts and Nevis' tariff rate, most favored nation, weighted mean, primary products stood at 11.00 % — down from 13.37 % in 2014, a fall of roughly 18%.
- 2015-2016: flat at 13.47 % — nothing much moves.
- 2017: spikes to 54.48 % (+304%).
- 2018-2019: sits at 54.44 %, near enough unchanged.
- 2020: drops hard to 11.00 % (-80%).
- Net result across the whole period: down 17.7%, closing 2020 at 11.00 %.
Reading A Mixed Trend
Resist the instinct to draw a straight line through this. The path bends both directions, and the next year could plausibly go either way.
Like most indicator series of this kind, the St. Kitts and Nevis numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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