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

Tariff rate, most favored nation, weighted mean, all products (%) in Nigeria was 12.38 as of 2020. Its highest value over the past 32 years was 91.27 in 1995, while its lowest value was 8.33 in 2015.

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
1988 23.80
1989 24.69
1990 24.83
1992 25.32
1995 91.27
1996 16.06
1997 16.21
1998 16.21
1999 19.77
2000 19.99
2001 21.47
2002 18.45
2003 20.62
2005 9.34
2006 9.40
2008 9.79
2009 9.83
2010 10.70
2011 10.15
2013 10.07
2014 11.34
2015 8.33
2016 8.63
2020 12.38

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs