Iceland vs Japan: Tariff rate, most favored nation, simple mean, all products

Iceland
4.1%
in 2022
Japan
4.4%
in 2022
Iceland rank
169th
Japan rank
167th

Tariff rate, most favored nation, simple mean, all products over time

  • Iceland
  • Japan
46810198820052022

How they compare

Japan currently reports 4.4% against 4.1% in Iceland, a difference of 0.3%.

That makes Japan's figure about 1.1 times Iceland's.

The two have swapped places 6 times across 24 shared years of data; in 1993 it was Japan ahead.

Iceland ranks 169th and Japan ranks 167th of 186 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Japan in 1.

Head to head by decade

Decade Iceland Japan Difference Ahead
1990s 6.6% 5.2% 1.4% Iceland
2000s 8.5% 5.5% 3.0% Iceland
2010s 5.6% 5.0% 0.5% Iceland
2020s 4.5% 4.6% 0.1% Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tariff rate, most favored nation, simple mean, all products, Iceland or Japan?
Japan, at 4.4% against 4.1% in Iceland as of 2022.
What is the difference in tariff rate, most favored nation, simple mean, all products between Iceland and Japan?
0.3%, with Japan ahead.
How many years of comparable data are there for Iceland and Japan?
24 years are reported by both, from 1993 to 2022.
How do Iceland and Japan rank globally for tariff rate, most favored nation, simple mean, all products?
Iceland ranks 169th and Japan ranks 167th of 186 countries.
Where does this data come from?
Staff estimates, published as Tariff rate, most favored nation, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Japan: Tariff rate, most favored nation, simple mean, all products. Statizoid, drawing on Staff estimates. Retrieved 12 September 2026, from https://private-sector.statizoid.com/compare/tariff-rate-most-favored-nation-simple-mean-all-products-percent/iceland/japan/

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About this data

Indicator
Tariff rate, most favored nation, simple mean, all products (%)
Unit
%
Source
Staff estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 3,831 data points, 1988–2022
Last refreshed

Simple mean most favored nation tariff rate is the unweighted average of most favored nation 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.