Tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Tariff rate, applied, simple mean, manufactured products was 13.0% in 2022. ▼ Falling
Tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of, 1992–2022
Source: Staff estimates. Measured in %.
Analysis
In 2022, tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of stood at 13.0%.
The figure is down 1.8% on the previous year and up 9.6% over ten years.
Over the whole period, tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of peaked at 17.2% in 1992 and was at its lowest, 11.0%, in 2014.
That places Venezuela, Bolivarian Republic of 19th out of 184 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 28 years of available data.
Tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 17.2% | — |
| 1995 | 12.9% | -25.0% |
| 1997 | 12.8% | -1.1% |
| 1998 | 12.9% | +1.1% |
| 1999 | 13.3% | +2.7% |
| 2000 | 13.2% | -0.5% |
| 2001 | 13.3% | +1.0% |
| 2002 | 13.6% | +1.9% |
| 2003 | 13.3% | -2.2% |
| 2004 | 12.5% | -5.9% |
| 2005 | 12.7% | +1.5% |
| 2006 | 12.4% | -2.0% |
| 2007 | 11.9% | -4.4% |
| 2008 | 12.3% | +3.4% |
| 2009 | 12.2% | -0.3% |
| 2010 | 13.1% | +7.3% |
| 2011 | 11.8% | -9.8% |
| 2012 | 11.9% | +0.1% |
| 2013 | 11.7% | -1.5% |
| 2014 | 11.0% | -5.5% |
| 2015 | 11.9% | +8.1% |
| 2016 | 11.2% | -6.0% |
| 2017 | 12.0% | +7.2% |
| 2018 | 11.1% | -7.5% |
| 2019 | 12.0% | +7.6% |
| 2020 | 14.6% | +22.1% |
| 2021 | 13.2% | -9.4% |
| 2022 | 13.0% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.8% | 12.8% | 17.2% | 5 |
| 2000s | 12.8% | 11.9% | 13.6% | 10 |
| 2010s | 11.8% | 11.0% | 13.1% | 10 |
| 2020s | 13.6% | 13.0% | 14.6% | 3 |
Countries ranked near Venezuela, Bolivarian Republic of
More private sector data for Venezuela, Bolivarian Republic of
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of?
- Tariff rate, applied, simple mean, manufactured products in Venezuela, Bolivarian Republic of was 13.0% in 2022, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, manufactured products recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 17.2% in 1992.
- What is the lowest tariff rate, applied, simple mean, manufactured products recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 11.0% in 2014.
- How does Venezuela, Bolivarian Republic of rank for tariff rate, applied, simple mean, manufactured products?
- Venezuela, Bolivarian Republic of ranks 19th out of 184 countries with data for 2022.
- Is tariff rate, applied, simple mean, manufactured products rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.