Faroe Islands vs Malawi: Average tariff applied by developed countries, preferential status
Faroe Islands
7.1%
in 2024
Malawi
7.5%
in 2024
Faroe Islands rank
43rd
Malawi rank
40th
Average tariff applied by developed countries, preferential status over time
- Faroe Islands
- Malawi
How they compare
Malawi currently reports 7.5% against 7.1% in Faroe Islands, a difference of 0.4%.
That makes Malawi's figure about 1.1 times Faroe Islands's.
The two have swapped places 2 times across 17 shared years of data; in 2000 it was Malawi ahead.
Faroe Islands ranks 43rd and Malawi ranks 40th of 205 countries.
Malawi has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.3% | 12.3% | 4.0% | Malawi |
| 2010s | 7.2% | 7.5% | 0.3% | Malawi |
| 2020s | 7.2% | 7.5% | 0.3% | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average tariff applied by developed countries, preferential status, Faroe Islands or Malawi?
- Malawi, at 7.5% against 7.1% in Faroe Islands as of 2024.
- What is the difference in average tariff applied by developed countries, preferential status between Faroe Islands and Malawi?
- 0.4%, with Malawi ahead.
- How many years of comparable data are there for Faroe Islands and Malawi?
- 17 years are reported by both, from 2000 to 2024.
- How do Faroe Islands and Malawi rank globally for average tariff applied by developed countries, preferential status?
- Faroe Islands ranks 43rd and Malawi ranks 40th of 205 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Average tariff applied by developed countries, preferential status, by type of product (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.