Trade, S1 - Tariffs in Venezuela
Venezuela: Trade, S1 - Tariffs was 0.8162 in 2014. ▲ Rising
Trade, S1 - Tariffs in Venezuela, 1977–2014
Source: International Monetary Fund.
Analysis
In 2014, trade, s1 - tariffs in Venezuela stood at 0.8162. That is the highest value across all 38 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 3.1% over ten years.
Over the whole period, trade, s1 - tariffs in Venezuela peaked at 0.8162 in 2014 and was at its lowest, 0.2118, in 1977.
Venezuela ranks 71st of 90 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Trade, S1 - Tariffs in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 0.2118 | — |
| 1978 | 0.2118 | +0.0% |
| 1979 | 0.2118 | +0.0% |
| 1980 | 0.2696 | +27.3% |
| 1981 | 0.3272 | +21.4% |
| 1982 | 0.3272 | +0.0% |
| 1983 | 0.3272 | +0.0% |
| 1984 | 0.3272 | +0.0% |
| 1985 | 0.3272 | +0.0% |
| 1986 | 0.3272 | +0.0% |
| 1987 | 0.3272 | +0.0% |
| 1988 | 0.3272 | +0.0% |
| 1989 | 0.5069 | +54.9% |
| 1990 | 0.5069 | +0.0% |
| 1991 | 0.5069 | +0.0% |
| 1992 | 0.7143 | +40.9% |
| 1993 | 0.7143 | +0.0% |
| 1994 | 0.7143 | +0.0% |
| 1995 | 0.7867 | +10.1% |
| 1996 | 0.7867 | +0.0% |
| 1997 | 0.7863 | -0.0% |
| 1998 | 0.7837 | -0.3% |
| 1999 | 0.7783 | -0.7% |
| 2000 | 0.7793 | +0.1% |
| 2001 | 0.777 | -0.3% |
| 2002 | 0.773 | -0.5% |
| 2003 | 0.7777 | +0.6% |
| 2004 | 0.7917 | +1.8% |
| 2005 | 0.789 | -0.3% |
| 2006 | 0.7947 | +0.7% |
| 2007 | 0.8028 | +1.0% |
| 2008 | 0.796 | -0.9% |
| 2009 | 0.7963 | +0.0% |
| 2010 | 0.7822 | -1.8% |
| 2011 | 0.8028 | +2.6% |
| 2012 | 0.8027 | -0.0% |
| 2013 | 0.8058 | +0.4% |
| 2014 | 0.8162 | +1.3% |
Venezuela compared with similar countries
- Venezuela's 0.8162 is above the median for lower middle income countries, which is 0.8037, 1.0× the median. (20 countries reporting)
- Venezuela's 0.8162 is below the median for Latin America & Caribbean, which is 0.8815, 93% of the median. (17 countries reporting)
Biggest year-on-year movements
Years where Trade, S1 - Tariffs in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +54.9% | 0.3272 | 0.5069 |
| 1992 | +40.9% | 0.5069 | 0.7143 |
| 1980 | +27.3% | 0.2118 | 0.2696 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2118 | 0.2118 | 0.2118 | 3 |
| 1980s | 0.3394 | 0.2696 | 0.5069 | 10 |
| 1990s | 0.7078 | 0.5069 | 0.7867 | 10 |
| 2000s | 0.7878 | 0.773 | 0.8028 | 10 |
| 2010s | 0.8019 | 0.7822 | 0.8162 | 5 |
Countries ranked near Venezuela
More trade data for Venezuela
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.89 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 89.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 89.16 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.86 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.69 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 84.73 (2025)
- Imports of low carbon technology products, Percent of GDP 0.9227 (2013)
- Imports of low carbon technology products, US dollar (World), per 79.87 units per person (2013)
- Imports of low carbon technology products, US dollar (World), per 0.0092 units per US$ of GDP (2013)
- Exports of low carbon technology products, US dollar (World), gaps 20.55 million (2013)
Frequently asked questions
- What is trade, s1 - tariffs in Venezuela?
- Trade, s1 - tariffs in Venezuela was 0.8162 in 2014, according to International Monetary Fund.
- What is the highest trade, s1 - tariffs recorded in Venezuela?
- The highest recorded value was 0.8162 in 2014.
- What is the lowest trade, s1 - tariffs recorded in Venezuela?
- The lowest recorded value was 0.2118 in 1977.
- How does Venezuela rank for trade, s1 - tariffs?
- Venezuela ranks 71st out of 90 countries with data for 2014.
- Is trade, s1 - tariffs rising or falling in Venezuela?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Trade, S1 - Tariffs. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.