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

Tariff rate, most favored nation, simple mean, all products (%) in World was 8.90 as of 2017. Its highest value over the past 29 years was 24.95 in 1989, while its lowest value was 8.90 in 2017.

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
1988 13.50
1989 24.95
1990 22.63
1991 15.61
1992 16.42
1993 16.46
1994 19.33
1995 15.36
1996 12.43
1997 12.26
1998 12.66
1999 13.13
2000 12.70
2001 11.44
2002 11.74
2003 10.85
2004 10.28
2005 10.53
2006 10.12
2007 9.82
2008 9.88
2009 9.79
2010 9.67
2011 9.67
2012 9.22
2013 9.36
2014 9.14
2015 9.33
2016 9.25
2017 8.90

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs