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

Iceland
4.1%
in 2022
Montenegro
3.7%
in 2022
Iceland rank
169th
Montenegro rank
171st

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

  • Iceland
  • Montenegro
46810199320072022

How they compare

Iceland currently reports 4.1% against 3.7% in Montenegro, a difference of 0.4%.

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

Across all 14 years both countries report, Iceland has been ahead every year.

Iceland ranks 169th and Montenegro ranks 171st of 186 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Montenegro Difference Ahead
2000s 7.6% 5.1% 2.5% Iceland
2010s 5.6% 4.4% 1.2% Iceland
2020s 4.5% 3.7% 0.8% Iceland

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 Montenegro?
Iceland, at 4.1% against 3.7% in Montenegro as of 2022.
What is the difference in tariff rate, most favored nation, simple mean, all products between Iceland and Montenegro?
0.4%, with Iceland ahead.
How many years of comparable data are there for Iceland and Montenegro?
14 years are reported by both, from 2007 to 2022.
How do Iceland and Montenegro rank globally for tariff rate, most favored nation, simple mean, all products?
Iceland ranks 169th and Montenegro ranks 171st 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 Montenegro: Tariff rate, most favored nation, simple mean, all products. Statizoid, drawing on Staff estimates. Retrieved 11 September 2026, from https://private-sector.statizoid.com/compare/tariff-rate-most-favored-nation-simple-mean-all-products-percent/iceland/montenegro/

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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.