Nepal - Tariff rate, most favored nation, simple mean, manufactured products (%)

Tariff rate, most favored nation, simple mean, manufactured products (%) in Nepal was 12.19 as of 2020. Its highest value over the past 27 years was 18.68 in 1993, while its lowest value was 11.97 in 2016.

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

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) Integrate

See also:

Year Value
1993 18.68
1998 18.12
1999 13.33
2000 13.64
2002 13.90
2003 14.01
2004 14.07
2005 14.09
2006 12.50
2007 12.57
2008 14.09
2009 12.30
2010 12.22
2011 12.17
2012 12.05
2013 12.19
2014 12.23
2015 12.23
2016 11.97
2018 12.12
2019 13.55
2020 12.19

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs