Tariff rate for primary and manufactured products in Iceland

Iceland: Tariff rate for primary and manufactured products was 1.6% in 2022. ▼ Falling

Latest (2022)
1.6%
Change on year
up 7.9%
World rank
136th
of 184 countries
All-time high
4.7%
in 2000
All-time low
1.4%
in 2015
Years of data
24
1993–2022

Tariff rate for primary and manufactured products in Iceland, 1993–2022

123451993200720221993: 3.4 %1996: 3.6 %1998: 4.5 %1999: 3.6 %2000: 4.7 %2001: 3.7 %2003: 4.3 %2004: 4.5 %2005: 4.2 %2006: 1.8 %2007: 1.9 %2008: 1.9 %2009: 1.6 %2010: 1.5 %2011: 1.6 %2012: 1.5 %2013: 1.7 %2014: 1.6 %2015: 1.4 %2016: 1.5 %2017: 1.6 %2019: 1.5 %2021: 1.5 %2022: 1.6 %

Source: World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data. Measured in %.

Analysis

Iceland recorded 1.6% for tariff rate for primary and manufactured products in 2022.

Compared with earlier readings it is up 7.9% on the previous year and up 10.9% over ten years.

Over the whole period, tariff rate for primary and manufactured products in Iceland peaked at 4.7% in 2000 and was at its lowest, 1.4%, in 2015.

That places Iceland 136th out of 184 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.8% 3.4% 4.5% 4
2000s 3.2% 1.6% 4.7% 9
2010s 1.5% 1.4% 1.7% 9
2020s 1.6% 1.5% 1.6% 2

Countries ranked near Iceland

  1. 133 Serbia 1.7% compare
  2. 134 New Zealand 1.7% compare
  3. 135 Japan 1.6% compare
  4. 137 Mexico 1.6% compare
  5. 138 United States 1.5% compare
  6. 139 Laos 1.4% compare

See the full ranking of 184 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is tariff rate for primary and manufactured products in Iceland?
Tariff rate for primary and manufactured products in Iceland was 1.6% in 2022, according to World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data.
What is the highest tariff rate for primary and manufactured products recorded in Iceland?
The highest recorded value was 4.7% in 2000.
What is the lowest tariff rate for primary and manufactured products recorded in Iceland?
The lowest recorded value was 1.4% in 2015.
How does Iceland rank for tariff rate for primary and manufactured products?
Iceland ranks 136th out of 184 countries with data for 2022.
Is tariff rate for primary and manufactured products rising or falling in Iceland?
Over the last ten years it is up 10.9%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data, published as part of Tariff rate for primary and manufactured products. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Tariff rate for primary and manufactured products
Unit
%
Source
World Bank (WITS), UNCTAD (TRAINS), and World Trade Organization (WTO) (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 3,763 data points, 1988–2022
Last refreshed

Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.