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

Tariff rate, most favored nation, simple mean, all products (%) in Low income was 12.13 as of 2017. Its highest value over the past 24 years was 20.91 in 1996, while its lowest value was 11.33 in 2004.

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
1993 19.63
1994 17.10
1995 15.11
1996 20.91
1997 18.02
1998 15.94
1999 15.38
2000 12.72
2001 12.45
2002 13.12
2003 13.05
2004 11.33
2005 13.75
2006 12.49
2007 12.45
2008 12.80
2009 12.56
2010 12.48
2011 12.38
2012 11.55
2013 12.04
2014 11.52
2015 12.65
2016 11.96
2017 12.13

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs