Average tariff applied by developed countries, preferential status in Iceland

Iceland: Average tariff applied by developed countries, preferential status was 4.9% in 2024. ▼ Falling

Latest (2024)
4.9%
Change on year
up 0.5%
World rank
75th
of 219 countries
All-time high
8.2%
in 2000
All-time low
4.9%
in 2023
Years of data
17
2000–2024

Average tariff applied by developed countries, preferential status in Iceland, 2000–2024

024682000201220242000: 8.2 %2005: 8.1 %2010: 7.3 %2011: 7.3 %2012: 4.9 %2013: 5 %2014: 5 %2015: 5 %2016: 5 %2017: 5.1 %2018: 5 %2019: 5 %2020: 5 %2021: 5 %2022: 5 %2023: 4.9 %2024: 4.9 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, average tariff applied by developed countries, preferential status in Iceland stood at 4.9%.

The figure is up 0.5% on the previous year and down 2.0% over ten years.

Over the whole period, average tariff applied by developed countries, preferential status in Iceland peaked at 8.2% in 2000 and was at its lowest, 4.9%, in 2023.

That places Iceland 75th out of 219 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.2% 8.1% 8.2% 2
2010s 5.5% 4.9% 7.3% 10
2020s 5.0% 4.9% 5.0% 5

Countries ranked near Iceland

  1. 72 Republic of Moldova 5.1% compare
  2. 73 Palau 5.0% compare
  3. 74 Türkiye 4.9% compare
  4. 76 Malaysia 4.9% compare
  5. 77 French Polynesia 4.8% compare
  6. 78 Georgia 4.8% compare

See the full ranking of 229 places →

More development goals data for Iceland

All data for Iceland →

Frequently asked questions

What is average tariff applied by developed countries, preferential status in Iceland?
Average tariff applied by developed countries, preferential status in Iceland was 4.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest average tariff applied by developed countries, preferential status recorded in Iceland?
The highest recorded value was 8.2% in 2000.
What is the lowest average tariff applied by developed countries, preferential status recorded in Iceland?
The lowest recorded value was 4.9% in 2023.
How does Iceland rank for average tariff applied by developed countries, preferential status?
Iceland ranks 75th out of 219 countries with data for 2024.
Is average tariff applied by developed countries, preferential status rising or falling in Iceland?
Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average tariff applied by developed countries, preferential status, by type of product (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

Average tariff applied by developed countries, preferential status in Iceland. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-preferential-status-by-type-of-product/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-preferential-status-by-type-of-product/iceland/">Average tariff applied by developed countries, preferential status in Iceland</a> — Statizoid

About this data

Indicator
Average tariff applied by developed countries, preferential status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
229 places, 3,893 data points, 2000–2024
Last refreshed