Low income - Tariff rate

Tariff rate, applied, simple mean, all products (%)

Tariff rate, applied, simple mean, all products (%) in Low income was 10.96 as of 2017. Its highest value over the past 24 years was 24.03 in 1996, while its lowest value was 10.87 in 2016.

Definition: Simple mean applied tariff is the unweighted average of effectively applied 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. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.

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 18.05
1994 21.78
1995 15.20
1996 24.03
1997 20.18
1998 17.13
1999 20.09
2000 13.41
2001 12.94
2002 13.68
2003 12.88
2004 11.07
2005 13.87
2006 13.18
2007 13.08
2008 13.37
2009 12.14
2010 12.78
2011 12.32
2012 12.16
2013 11.55
2014 11.16
2015 12.09
2016 10.87
2017 10.96

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

Tariff rate, applied, weighted mean, all products (%)

Tariff rate, applied, weighted mean, all products (%) in Low income was 9.79 as of 2017. Its highest value over the past 24 years was 32.82 in 2008, while its lowest value was 7.39 in 2016.

Definition: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. 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 and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.

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 14.89
1994 17.02
1995 11.02
1996 25.20
1997 15.63
1998 15.43
1999 14.47
2000 11.35
2001 9.55
2002 12.69
2003 10.74
2004 9.01
2005 10.26
2006 9.15
2007 9.68
2008 32.82
2009 7.80
2010 9.20
2011 7.89
2012 8.87
2013 9.28
2014 8.21
2015 9.07
2016 7.39
2017 9.79

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

Tariff rate, most favored nation, weighted mean, all products (%) in Low income was 10.50 as of 2017. Its highest value over the past 24 years was 33.57 in 2008, while its lowest value was 9.12 in 2004.

Definition: Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. 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 and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.

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 14.89
1994 19.00
1995 11.35
1996 25.64
1997 15.75
1998 16.57
1999 14.47
2000 11.46
2001 9.76
2002 12.82
2003 10.98
2004 9.12
2005 10.99
2006 10.37
2007 10.53
2008 33.57
2009 9.12
2010 10.45
2011 9.57
2012 9.76
2013 10.33
2014 9.52
2015 10.48
2016 9.51
2017 10.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs