It is true that "recognised minimum values of impedance" is 4 %.But we cannot say that IEC is asking for a minimum value of 4 % impedance for trfs of rating 25-630 kVA.In India there are utilities who specify 2.5 % impedance for single phase units of ratings 10,16 &25 kVA. They also get done Short circuit withstand test as type test on these units.There are some who ask 3.75 % for 3 phase 10 kVA and 3.5 % for 5 kVA single phase units.
To know generally specified impedance values for transformers around the world, refer to IEC TR60909-2 ed2.0(2008-11) Data for electrical equipment for short circuit current calculations.
At the end of 19th centuary when transformer engineering was taking shape,impedance values for transformers were extremely low. As SC level went up and transformers started failing, users started asking for a minimum impedance value of 4 % .