Iceland Trade Tariffs

Iceland IS: Binding Coverage: All Products

1996 - 2016 | Yearly | % | World Bank

IS: Binding Coverage: All Products data was reported at 95.180 % in 2016. This stayed constant from the previous number of 95.180 % for 2015. IS: Binding Coverage: All Products data is updated yearly, averaging 95.180 % from Dec 1996 to 2016, with 19 observations. The data reached an all-time high of 95.250 % in 2000 and a record low of 95.030 % in 2011. IS: Binding Coverage: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
95.18 2016 yearly 1996 - 2016

View Iceland's Iceland IS: Binding Coverage: All Products from 1996 to 2016 in the chart:

Iceland Iceland IS: Binding Coverage: All Products

Iceland IS: Binding Coverage: Manufactured Products

1996 - 2016 | Yearly | % | World Bank

IS: Binding Coverage: Manufactured Products data was reported at 94.560 % in 2016. This stayed constant from the previous number of 94.560 % for 2015. IS: Binding Coverage: Manufactured Products data is updated yearly, averaging 94.570 % from Dec 1996 to 2016, with 19 observations. The data reached an all-time high of 94.980 % in 2001 and a record low of 94.560 % in 2016. IS: Binding Coverage: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
94.56 2016 yearly 1996 - 2016

View Iceland's Iceland IS: Binding Coverage: Manufactured Products from 1996 to 2016 in the chart:

Iceland Iceland IS: Binding Coverage: Manufactured Products

Iceland IS: Binding Coverage: Primary Products

1996 - 2016 | Yearly | % | World Bank

IS: Binding Coverage: Primary Products data was reported at 96.920 % in 2016. This stayed constant from the previous number of 96.920 % for 2015. IS: Binding Coverage: Primary Products data is updated yearly, averaging 96.550 % from Dec 1996 to 2016, with 19 observations. The data reached an all-time high of 96.920 % in 2016 and a record low of 96.160 % in 2001. IS: Binding Coverage: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
96.92 2016 yearly 1996 - 2016

View Iceland's Iceland IS: Binding Coverage: Primary Products from 1996 to 2016 in the chart:

Iceland Iceland IS: Binding Coverage: Primary Products

Iceland IS: Bound Rate: Simple Mean: All Products

1996 - 2016 | Yearly | % | World Bank

IS: Bound Rate: Simple Mean: All Products data was reported at 13.750 % in 2016. This stayed constant from the previous number of 13.750 % for 2015. IS: Bound Rate: Simple Mean: All Products data is updated yearly, averaging 23.980 % from Dec 1996 to 2016, with 19 observations. The data reached an all-time high of 25.820 % in 2014 and a record low of 13.500 % in 2001. IS: Bound Rate: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
13.75 2016 yearly 1996 - 2016

View Iceland's Iceland IS: Bound Rate: Simple Mean: All Products from 1996 to 2016 in the chart:

Iceland Iceland IS: Bound Rate: Simple Mean: All Products

Iceland IS: Bound Rate: Simple Mean: Manufactured Products

1996 - 2016 | Yearly | % | World Bank

IS: Bound Rate: Simple Mean: Manufactured Products data was reported at 10.340 % in 2016. This stayed constant from the previous number of 10.340 % for 2015. IS: Bound Rate: Simple Mean: Manufactured Products data is updated yearly, averaging 10.500 % from Dec 1996 to 2016, with 19 observations. The data reached an all-time high of 10.770 % in 2001 and a record low of 10.340 % in 2016. IS: Bound Rate: Simple Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
10.34 2016 yearly 1996 - 2016

View Iceland's Iceland IS: Bound Rate: Simple Mean: Manufactured Products from 1996 to 2016 in the chart:

Iceland Iceland IS: Bound Rate: Simple Mean: Manufactured Products

Iceland IS: Bound Rate: Simple Mean: Primary Products

1996 - 2016 | Yearly | % | World Bank

IS: Bound Rate: Simple Mean: Primary Products data was reported at 22.290 % in 2016. This stayed constant from the previous number of 22.290 % for 2015. IS: Bound Rate: Simple Mean: Primary Products data is updated yearly, averaging 67.120 % from Dec 1996 to 2016, with 19 observations. The data reached an all-time high of 68.100 % in 2009 and a record low of 22.290 % in 2016. IS: Bound Rate: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.; ;

Last Frequency Range
22.29 2016 yearly 1996 - 2016

View Iceland's Iceland IS: Bound Rate: Simple Mean: Primary Products from 1996 to 2016 in the chart:

Iceland Iceland IS: Bound Rate: Simple Mean: Primary Products

Iceland IS: Share of Tariff Lines with International Peaks: All Products

1993 - 2016 | Yearly | % | World Bank

IS: Share of Tariff Lines with International Peaks: All Products data was reported at 3.716 % in 2016. This records a decrease from the previous number of 5.542 % for 2015. IS: Share of Tariff Lines with International Peaks: All Products data is updated yearly, averaging 5.897 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 9.250 % in 2007 and a record low of 3.609 % in 2012. IS: Share of Tariff Lines with International Peaks: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. 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.; ; 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.; ;

Last Frequency Range
1.66 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Share of Tariff Lines with International Peaks: All Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Share of Tariff Lines with International Peaks: All Products

Iceland IS: Share of Tariff Lines with International Peaks: Manufactured Products

1993 - 2016 | Yearly | % | World Bank

IS: Share of Tariff Lines with International Peaks: Manufactured Products data was reported at 0.075 % in 2016. This records a decrease from the previous number of 2.873 % for 2015. IS: Share of Tariff Lines with International Peaks: Manufactured Products data is updated yearly, averaging 0.180 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 6.272 % in 2007 and a record low of 0.025 % in 2012. IS: Share of Tariff Lines with International Peaks: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. 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.; ; 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.; ;

Last Frequency Range
0.07 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Share of Tariff Lines with International Peaks: Manufactured Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Share of Tariff Lines with International Peaks: Manufactured Products

Iceland IS: Share of Tariff Lines with International Peaks: Primary Products

1993 - 2016 | Yearly | % | World Bank

IS: Share of Tariff Lines with International Peaks: Primary Products data was reported at 13.349 % in 2016. This records an increase from the previous number of 12.698 % for 2015. IS: Share of Tariff Lines with International Peaks: Primary Products data is updated yearly, averaging 16.444 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 27.507 % in 2003 and a record low of 12.555 % in 2011. IS: Share of Tariff Lines with International Peaks: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. 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).; ; 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.; ;

Last Frequency Range
5.85 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Share of Tariff Lines with International Peaks: Primary Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Share of Tariff Lines with International Peaks: Primary Products

Iceland IS: Share of Tariff Lines with Specific Rates: All Products

1993 - 2016 | Yearly | % | World Bank

IS: Share of Tariff Lines with Specific Rates: All Products data was reported at 0.084 % in 2016. This records an increase from the previous number of 0.061 % for 2015. IS: Share of Tariff Lines with Specific Rates: All Products data is updated yearly, averaging 0.078 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 0.678 % in 1996 and a record low of 0.000 % in 2014. IS: Share of Tariff Lines with Specific Rates: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures.; ; 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.; ;

Last Frequency Range
3.50 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Share of Tariff Lines with Specific Rates: All Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Share of Tariff Lines with Specific Rates: All Products

Iceland IS: Share of Tariff Lines with Specific Rates: Manufactured Products

1993 - 2016 | Yearly | % | World Bank

IS: Share of Tariff Lines with Specific Rates: Manufactured Products data was reported at 0.000 % in 2016. This stayed constant from the previous number of 0.000 % for 2015. IS: Share of Tariff Lines with Specific Rates: Manufactured Products data is updated yearly, averaging 0.000 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 0.059 % in 2001 and a record low of 0.000 % in 2016. IS: Share of Tariff Lines with Specific Rates: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; 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.; ;

Last Frequency Range
0.00 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Share of Tariff Lines with Specific Rates: Manufactured Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Share of Tariff Lines with Specific Rates: Manufactured Products

Iceland IS: Share of Tariff Lines with Specific Rates: Primary Products

1993 - 2016 | Yearly | % | World Bank

IS: Share of Tariff Lines with Specific Rates: Primary Products data was reported at 0.308 % in 2016. This records an increase from the previous number of 0.222 % for 2015. IS: Share of Tariff Lines with Specific Rates: Primary Products data is updated yearly, averaging 0.298 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 3.498 % in 1996 and a record low of 0.000 % in 2014. IS: Share of Tariff Lines with Specific Rates: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; 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.; ;

Last Frequency Range
12.74 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Share of Tariff Lines with Specific Rates: Primary Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Share of Tariff Lines with Specific Rates: Primary Products

Iceland IS: Tariff Rate: Applied: Simple Mean: All Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Applied: Simple Mean: All Products data was reported at 1.710 % in 2016. This records a decrease from the previous number of 2.220 % for 2015. IS: Tariff Rate: Applied: Simple Mean: All Products data is updated yearly, averaging 3.730 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 7.940 % in 2000 and a record low of 1.710 % in 2016. IS: Tariff Rate: Applied: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
0.76 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Applied: Simple Mean: All Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Applied: Simple Mean: All Products

Iceland IS: Tariff Rate: Applied: Simple Mean: Manufactured Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Applied: Simple Mean: Manufactured Products data was reported at 0.560 % in 2016. This records a decrease from the previous number of 1.180 % for 2015. IS: Tariff Rate: Applied: Simple Mean: Manufactured Products data is updated yearly, averaging 2.475 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 5.160 % in 2001 and a record low of 0.560 % in 2016. IS: Tariff Rate: Applied: Simple Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
0.56 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Applied: Simple Mean: Manufactured Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Applied: Simple Mean: Manufactured Products

Iceland IS: Tariff Rate: Applied: Simple Mean: Primary Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Applied: Simple Mean: Primary Products data was reported at 8.950 % in 2016. This records an increase from the previous number of 8.800 % for 2015. IS: Tariff Rate: Applied: Simple Mean: Primary Products data is updated yearly, averaging 11.050 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 30.920 % in 2000 and a record low of 3.330 % in 1993. IS: Tariff Rate: Applied: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
2.08 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Applied: Simple Mean: Primary Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Applied: Simple Mean: Primary Products

Iceland IS: Tariff Rate: Applied: Weighted Mean: All Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 1.470 % in 2016. This records an increase from the previous number of 1.420 % for 2015. IS: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 1.875 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 4.720 % in 2000 and a record low of 1.420 % in 2015. IS: Tariff Rate: Applied: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
0.71 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Applied: Weighted Mean: All Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Applied: Weighted Mean: All Products

Iceland IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products data was reported at 0.210 % in 2016. This records a decrease from the previous number of 0.320 % for 2015. IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products data is updated yearly, averaging 1.040 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 3.080 % in 2001 and a record low of 0.210 % in 2016. IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
0.21 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products

Iceland IS: Tariff Rate: Applied: Weighted Mean: Primary Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Applied: Weighted Mean: Primary Products data was reported at 4.200 % in 2016. This records an increase from the previous number of 3.290 % for 2015. IS: Tariff Rate: Applied: Weighted Mean: Primary Products data is updated yearly, averaging 4.795 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 11.220 % in 1998 and a record low of 2.170 % in 2010. IS: Tariff Rate: Applied: Weighted Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
1.82 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Applied: Weighted Mean: Primary Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Applied: Weighted Mean: Primary Products

Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products data was reported at 5.350 % in 2016. This records a decrease from the previous number of 6.010 % for 2015. IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products data is updated yearly, averaging 6.435 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 10.820 % in 2000 and a record low of 3.450 % in 1993. IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
2.02 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products

Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data was reported at 1.550 % in 2016. This records a decrease from the previous number of 2.550 % for 2015. IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data is updated yearly, averaging 2.595 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 3.620 % in 1993 and a record low of 1.550 % in 2016. IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
1.55 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products

Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data was reported at 16.430 % in 2016. This records an increase from the previous number of 16.100 % for 2015. IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data is updated yearly, averaging 19.390 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 39.010 % in 2000 and a record low of 2.670 % in 1993. IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
3.50 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products

Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 3.100 % in 2016. This records a decrease from the previous number of 3.280 % for 2015. IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 3.500 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 5.470 % in 1993 and a record low of 2.820 % in 2012. IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
2.09 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 1.720 % in 2016. This records a decrease from the previous number of 2.350 % for 2015. IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 2.640 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 5.130 % in 1993 and a record low of 1.720 % in 2016. IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
1.72 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products

1993 - 2016 | Yearly | % | World Bank

IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data was reported at 6.100 % in 2016. This records an increase from the previous number of 4.850 % for 2015. IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data is updated yearly, averaging 5.795 % from Dec 1993 to 2016, with 20 observations. The data reached an all-time high of 11.320 % in 1998 and a record low of 3.370 % in 2010. IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).; ; 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 and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

Last Frequency Range
2.91 2016 yearly 1993 - 2016

View Iceland's Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products from 1993 to 2016 in the chart:

Iceland Iceland IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
IS: Binding Coverage: All Products
IS: Binding Coverage: Manufactured Products
IS: Binding Coverage: Primary Products
IS: Bound Rate: Simple Mean: All Products
IS: Bound Rate: Simple Mean: Manufactured Products
IS: Bound Rate: Simple Mean: Primary Products
IS: Share of Tariff Lines with International Peaks: All Products
IS: Share of Tariff Lines with International Peaks: Manufactured Products
IS: Share of Tariff Lines with International Peaks: Primary Products
IS: Share of Tariff Lines with Specific Rates: All Products
IS: Share of Tariff Lines with Specific Rates: Manufactured Products
IS: Share of Tariff Lines with Specific Rates: Primary Products
IS: Tariff Rate: Applied: Simple Mean: All Products
IS: Tariff Rate: Applied: Simple Mean: Manufactured Products
IS: Tariff Rate: Applied: Simple Mean: Primary Products
IS: Tariff Rate: Applied: Weighted Mean: All Products
IS: Tariff Rate: Applied: Weighted Mean: Manufactured Products
IS: Tariff Rate: Applied: Weighted Mean: Primary Products
IS: Tariff Rate: Most Favored Nation: Simple Mean: All Products
IS: Tariff Rate: Most Favored Nation: Simple Mean: Manufactured Products
IS: Tariff Rate: Most Favored Nation: Simple Mean: Primary Products
IS: Tariff Rate: Most Favored Nation: Weighted Mean: All Products
IS: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products
IS: Tariff Rate: Most Favored Nation: Weighted Mean: Primary Products
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