Tariff rate, most favored nation, simple mean, all products (%)

Definition: 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.

Description: The map below shows how Tariff rate, most favored nation, simple mean, all products (%) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is The Bahamas, with a value of 35.12. The country with the lowest value in the world is Hong Kong SAR, China, with a value of 0.00.

Source: 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.

See also: Country ranking, Time series comparison

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Periodicity: Annual