Tariff rates in Venezuela
Venezuela: Tariff rates was 12.84 in 2022. ▼ Falling
Latest (2022)
12.84
Change on year
down 5.7%
World rank
19th
of 184 countries
All-time high
16.36
in 1992
All-time low
8.42
in 2013
Years of data
28
1992–2022
Tariff rates in Venezuela, 1992–2022
Source: Our World in Data.
Analysis
The most recent figure for tariff rates in Venezuela is 12.84, measured in 2022.
That represents a change of down 5.7% on the previous year and up 49.5% over ten years.
Over the whole period, tariff rates in Venezuela peaked at 16.36 in 1992 and was at its lowest, 8.42, in 2013.
Venezuela ranks 19th of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 28 years of available data.
Tariff rates in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 16.36 | — |
| 1995 | 11.49 | -29.8% |
| 1997 | 13.4 | +16.6% |
| 1998 | 13.69 | +2.2% |
| 1999 | 13.02 | -4.9% |
| 2000 | 13.37 | +2.7% |
| 2001 | 14.46 | +8.2% |
| 2002 | 13.7 | -5.3% |
| 2003 | 12.75 | -6.9% |
| 2004 | 11.87 | -6.9% |
| 2005 | 12.77 | +7.6% |
| 2006 | 10.61 | -16.9% |
| 2007 | 11.1 | +4.6% |
| 2008 | 9.62 | -13.3% |
| 2009 | 9.09 | -5.5% |
| 2010 | 9.96 | +9.6% |
| 2011 | 8.59 | -13.8% |
| 2012 | 8.59 | +0.0% |
| 2013 | 8.42 | -2.0% |
| 2014 | 9.67 | +14.8% |
| 2015 | 10.67 | +10.3% |
| 2016 | 10.04 | -5.9% |
| 2017 | 10.99 | +9.5% |
| 2018 | 8.87 | -19.3% |
| 2019 | 10.19 | +14.9% |
| 2020 | 14.06 | +38.0% |
| 2021 | 13.61 | -3.2% |
| 2022 | 12.84 | -5.7% |
Venezuela compared with similar countries
- Venezuela's 12.84 is above the median for lower middle income countries, which is 7.43, 1.7× the median. (46 countries reporting)
- Venezuela's 12.84 is above the median for Latin America & Caribbean, which is 7.01, 1.8× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.59 | 11.49 | 16.36 | 5 |
| 2000s | 11.93 | 9.09 | 14.46 | 10 |
| 2010s | 9.6 | 8.42 | 10.99 | 10 |
| 2020s | 13.5 | 12.84 | 14.06 | 3 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 1,173 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 43,034 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 41.9 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.1023 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 110.44 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 39,390 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 1,537 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is tariff rates in Venezuela?
- Tariff rates in Venezuela was 12.84 in 2022, according to Our World in Data.
- What is the highest tariff rates recorded in Venezuela?
- The highest recorded value was 16.36 in 1992.
- What is the lowest tariff rates recorded in Venezuela?
- The lowest recorded value was 8.42 in 2013.
- How does Venezuela rank for tariff rates?
- Venezuela ranks 19th out of 184 countries with data for 2022.
- Is tariff rates rising or falling in Venezuela?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Tariff rates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (Our World in Data).