Venezuela - Share of tariff lines with international peaks

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

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

Share of tariff lines with international peaks, primary products (%)

Share of tariff lines with international peaks, primary products (%) in Venezuela was 46.64 as of 2020. Its highest value over the past 28 years was 46.64 in 2020, while its lowest value was 26.50 in 1995.

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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

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 44.93
1995 26.50
1997 30.03
1998 36.59
1999 33.97
2000 32.97
2001 35.21
2002 36.25
2003 35.05
2004 30.05
2005 29.32
2006 27.99
2007 41.05
2008 43.51
2009 44.24
2010 30.72
2011 43.23
2012 27.72
2013 41.47
2014 38.35
2015 33.25
2016 36.08
2017 39.64
2018 32.26
2019 40.85
2020 46.64

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs