Faroe Islands vs Venezuela (Bolivarian Republic of): Average tariff applied by developed countries … preferential
Faroe Islands
7.1%
in 2024
Venezuela (Bolivarian Republic of)
7.0%
in 2024
Faroe Islands rank
47th
Venezuela (Bolivarian Republic of) rank
48th
Average tariff applied by developed countries … preferential over time
- Faroe Islands
- Venezuela (Bolivarian Republic of)
How they compare
Faroe Islands currently reports 7.1% against 7.0% in Venezuela (Bolivarian Republic of), a difference of 0.1%.
Across all 17 years both countries report, Faroe Islands has been ahead every year.
Faroe Islands ranks 47th and Venezuela (Bolivarian Republic of) ranks 48th of 236 countries.
Faroe Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Faroe Islands | Venezuela (Bolivarian Republic of) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.3% | 7.0% | 1.3% | Faroe Islands |
| 2010s | 7.2% | 6.1% | 1.2% | Faroe Islands |
| 2020s | 7.2% | 6.9% | 0.3% | Faroe Islands |
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 Venezuela (Bolivarian Republic of)?
- Faroe Islands, at 7.1% against 7.0% in Venezuela (Bolivarian Republic of) as of 2024.
- What is the difference in average tariff applied by developed countries, preferential status between Faroe Islands and Venezuela (Bolivarian Republic of)?
- 0.1%, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Venezuela (Bolivarian Republic of)?
- 17 years are reported by both, from 2000 to 2024.
- How do Faroe Islands and Venezuela (Bolivarian Republic of) rank globally for average tariff applied by developed countries, preferential status?
- Faroe Islands ranks 47th and Venezuela (Bolivarian Republic of) ranks 48th of 236 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.