Upper middle income - Tariff rate, applied, weighted mean, all products (%)

Tariff rate, applied, weighted mean, all products (%) in Upper middle income was 3.70 as of 2017. Its highest value over the past 29 years was 32.95 in 1989, while its lowest value was 3.70 in 2017.

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
1988 14.03
1989 32.95
1990 15.49
1991 17.15
1992 26.44
1993 19.58
1994 20.31
1995 10.68
1996 13.00
1997 11.58
1998 12.08
1999 11.57
2000 11.77
2001 11.24
2002 7.33
2003 8.37
2004 5.65
2005 5.18
2006 4.21
2007 4.95
2008 4.81
2009 4.38
2010 4.83
2011 5.72
2012 5.60
2013 5.43
2014 4.26
2015 4.57
2016 4.03
2017 3.70

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs