Ecuador vs Iceland: Tariff rate, most favored nation, simple mean, primary products
Tariff rate, most favored nation, simple mean, primary products over time
- Ecuador
- Iceland
How they compare
Iceland currently reports 16.4% against 16.2% in Ecuador, a difference of 0.2%.
The two have swapped places 5 times across 23 shared years of data; in 1993 it was Ecuador ahead.
Ecuador ranks 42nd and Iceland ranks 39th of 186 countries.
Across the 4 decades both report, Ecuador averaged higher in 1 and Iceland in 3.
Head to head by decade
| Decade | Ecuador | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.9% | 19.5% | 7.6% | Iceland |
| 2000s | 12.3% | 28.4% | 16.1% | Iceland |
| 2010s | 16.8% | 16.8% | 0.0% | Ecuador |
| 2020s | 16.3% | 17.8% | 1.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, most favored nation, simple mean, primary products, Ecuador or Iceland?
- Iceland, at 16.4% against 16.2% in Ecuador as of 2022.
- What is the difference in tariff rate, most favored nation, simple mean, primary products between Ecuador and Iceland?
- 0.2%, with Iceland ahead.
- How many years of comparable data are there for Ecuador and Iceland?
- 23 years are reported by both, from 1993 to 2022.
- How do Ecuador and Iceland rank globally for tariff rate, most favored nation, simple mean, primary products?
- Ecuador ranks 42nd and Iceland ranks 39th of 186 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, most favored nation, simple mean, primary products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).