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

Tariff rate, most favored nation, weighted mean, all products (%) in Guinea-Bissau was 14.65 as of 2020. Its highest value over the past 19 years was 15.50 in 2017, while its lowest value was 11.62 in 2005.

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
2001 12.80
2002 12.80
2003 13.28
2004 13.94
2005 11.62
2006 13.81
2007 13.36
2008 13.38
2009 11.62
2010 13.85
2011 13.22
2012 12.28
2013 12.79
2014 12.69
2017 15.50
2018 14.43
2019 15.19
2020 14.65

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs