Iceland vs Least Developed Countries (LDCs): Worldwide weighted tariff-average, most-favoured-nation status, by

Iceland
26.3%
in 2024
Least Developed Countries (LDCs)
14.2%
in 2024
Iceland rank
18th
Least Developed Countries (LDCs) rank
16th

Worldwide weighted tariff-average, most-favoured-nation status, by over time

  • Iceland
  • Least Developed Countries (LDCs)
0102030200520142024

How they compare

Iceland currently reports 26.3% against 14.2% in Least Developed Countries (LDCs), a difference of 12.1%.

That makes Iceland's figure about 1.9 times Least Developed Countries (LDCs)'s.

Across all 12 years both countries report, Iceland has been ahead every year.

Iceland ranks 18th and Least Developed Countries (LDCs) ranks 16th of 161 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Least Developed Countries (LDCs) Difference Ahead
2000s 11.6% 11.3% 0.3% Iceland
2010s 17.1% 11.8% 5.3% Iceland
2020s 24.8% 13.7% 11.1% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher worldwide weighted tariff-average, most-favoured-nation status, by, Iceland or Least Developed Countries (LDCs)?
Iceland, at 26.3% against 14.2% in Least Developed Countries (LDCs) as of 2024.
What is the difference in worldwide weighted tariff-average, most-favoured-nation status, by between Iceland and Least Developed Countries (LDCs)?
12.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Least Developed Countries (LDCs)?
12 years are reported by both, from 2005 to 2024.
How do Iceland and Least Developed Countries (LDCs) rank globally for worldwide weighted tariff-average, most-favoured-nation status, by?
Iceland ranks 18th and Least Developed Countries (LDCs) ranks 16th of 161 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Least Developed Countries (LDCs): Worldwide weighted tariff-average, most-favoured-nation status, by. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://development-goals.statizoid.com/compare/worldwide-weighted-tariff-average-most-favoured-nation-status-by-type-of-product-percent/iceland/least-developed-countries-ldcs/

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About this data

Indicator
Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
198 places, 2,227 data points, 2005–2024
Last refreshed