Iceland vs Peru: Tariff rate, applied, simple mean, all products
Tariff rate, applied, simple mean, all products over time
- Iceland
- Peru
How they compare
Iceland currently reports 1.3% against 1.1% in Peru, a difference of 0.2%.
That makes Iceland's figure about 1.2 times Peru's.
The two have swapped places 1 time across 21 shared years of data; in 1993 it was Peru ahead.
Iceland ranks 173rd and Peru ranks 175th of 184 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Peru in 3.
Head to head by decade
| Decade | Iceland | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.9% | 14.7% | 8.8% | Peru |
| 2000s | 5.6% | 8.9% | 3.3% | Peru |
| 2010s | 2.1% | 2.7% | 0.6% | Peru |
| 2020s | 1.4% | 1.1% | 0.3% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, simple mean, all products, Iceland or Peru?
- Iceland, at 1.3% against 1.1% in Peru as of 2022.
- What is the difference in tariff rate, applied, simple mean, all products between Iceland and Peru?
- 0.2%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Peru?
- 21 years are reported by both, from 1993 to 2022.
- How do Iceland and Peru rank globally for tariff rate, applied, simple mean, all products?
- Iceland ranks 173rd and Peru ranks 175th 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.