Honduras vs Iceland: Tariff rate, applied, simple mean, all products
Tariff rate, applied, simple mean, all products over time
- Honduras
- Iceland
How they compare
Honduras currently reports 1.6% against 1.3% in Iceland, a difference of 0.3%.
That makes Honduras's figure about 1.2 times Iceland's.
The two have swapped places 2 times across 19 shared years of data; in 1996 it was Honduras ahead.
Honduras ranks 172nd and Iceland ranks 173rd of 184 countries.
Honduras has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Honduras | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.7% | 6.4% | 1.3% | Honduras |
| 2000s | 6.5% | 5.6% | 0.9% | Honduras |
| 2010s | 6.0% | 2.5% | 3.5% | Honduras |
| 2020s | 2.5% | 1.4% | 1.1% | Honduras |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, simple mean, all products, Honduras or Iceland?
- Honduras, at 1.6% against 1.3% in Iceland as of 2022.
- What is the difference in tariff rate, applied, simple mean, all products between Honduras and Iceland?
- 0.3%, with Honduras ahead.
- How many years of comparable data are there for Honduras and Iceland?
- 19 years are reported by both, from 1996 to 2022.
- How do Honduras and Iceland rank globally for tariff rate, applied, simple mean, all products?
- Honduras ranks 172nd and Iceland ranks 173rd of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.