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

Tariff rate, most favored nation, simple mean, all products (%) in India was 14.62 as of 2020. Its highest value over the past 30 years was 84.11 in 1990, while its lowest value was 12.51 in 2010.

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.

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
1990 84.11
1992 55.73
1996 38.73
1997 30.08
1999 32.95
2000 36.56
2001 34.91
2002 30.59
2003 26.92
2004 29.51
2005 19.02
2006 16.80
2007 17.20
2008 12.81
2009 13.06
2010 12.51
2011 13.36
2012 14.04
2013 13.93
2015 13.16
2016 13.72
2017 13.75
2018 13.80
2019 15.53
2020 14.62

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs