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

Share of tariff lines with international peaks, all products (%) in Venezuela was 32.88 as of 2020. Its highest value over the past 28 years was 47.56 in 1992, while its lowest value was 18.10 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.

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 47.56
1995 19.73
1997 22.04
1998 23.17
1999 24.20
2000 24.00
2001 24.67
2002 25.66
2003 23.37
2004 23.01
2005 22.97
2006 20.23
2007 43.81
2008 45.49
2009 45.55
2010 21.30
2011 44.11
2012 18.10
2013 42.89
2014 28.11
2015 26.22
2016 24.88
2017 27.56
2018 25.40
2019 28.91
2020 32.88

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs