Venezuela - Share of tariff lines with international peaks, manufactured products (%)

Share of tariff lines with international peaks, manufactured products (%) in Venezuela was 31.35 as of 2020. Its highest value over the past 28 years was 47.86 in 1992, while its lowest value was 17.25 in 2012.

Definition: Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.

See also:

Year Value
1992 47.86
1995 18.90
1997 21.04
1998 21.48
1999 23.01
2000 22.87
2001 23.40
2002 24.44
2003 22.06
2004 22.33
2005 22.39
2006 19.53
2007 44.06
2008 45.68
2009 45.66
2010 20.45
2011 44.18
2012 17.25
2013 43.00
2014 27.36
2015 25.75
2016 23.96
2017 26.47
2018 24.83
2019 27.69
2020 31.35

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs