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

Tariff rate, most favored nation, simple mean, all products (%) in South Asia was 12.31 as of 2017. Its highest value over the past 28 years was 114.01 in 1989, while its lowest value was 11.35 in 2014.

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
1989 114.01
1990 56.80
1992 55.73
1993 21.00
1994 54.14
1995 51.25
1996 27.41
1997 25.44
1998 25.37
1999 23.15
2000 21.14
2001 21.17
2002 19.84
2003 17.80
2004 16.88
2005 16.63
2006 13.77
2007 13.89
2008 13.39
2009 14.26
2010 13.99
2011 14.12
2012 11.55
2013 11.60
2014 11.35
2015 13.63
2016 12.96
2017 12.31

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs