Cape Verde vs Venezuela, Bolivarian Republic of: Tariff rate, applied, weighted mean, all products
Tariff rate, applied, weighted mean, all products over time
- Cape Verde
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 12.8% against 12.6% in Cape Verde, a difference of 0.2%.
The two have swapped places 1 time across 14 shared years of data; in 2005 it was Cape Verde ahead.
Cape Verde ranks 22nd and Venezuela, Bolivarian Republic of ranks 19th of 184 countries.
Across the 3 decades both report, Cape Verde averaged higher in 2 and Venezuela, Bolivarian Republic of in 1.
Head to head by decade
| Decade | Cape Verde | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.7% | 10.6% | 2.0% | Cape Verde |
| 2010s | 10.9% | 9.4% | 1.5% | Cape Verde |
| 2020s | 11.6% | 13.5% | 1.9% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, weighted mean, all products, Cape Verde or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 12.8% against 12.6% in Cape Verde as of 2022.
- What is the difference in tariff rate, applied, weighted mean, all products between Cape Verde and Venezuela, Bolivarian Republic of?
- 0.2%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Cape Verde and Venezuela, Bolivarian Republic of?
- 14 years are reported by both, from 2005 to 2022.
- How do Cape Verde and Venezuela, Bolivarian Republic of rank globally for tariff rate, applied, weighted mean, all products?
- Cape Verde ranks 22nd and Venezuela, Bolivarian Republic of ranks 19th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, weighted mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. 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 and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. 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.