Latin America & Caribbean | Tariff rate, most favored nation, weighted mean, all products (%)

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.
Publisher
The World Bank
Origin
Latin America & Caribbean
Records
63
Source
Latin America & Caribbean | Tariff rate, most favored nation, weighted mean, all products (%)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989 31.92
1990 18.95
1991 13.21
1992 13.64
1993 12.49
1994 12.24
1995 11.77
1996 12.88
1997 12.68
1998 13.07
1999 13.85
2000 13.32
2001 12.67
2002 12.62
2003 12.3
2004 11.38
2005 10.62
2006 10.26
2007 10
2008 9.42
2009 8.74
2010 7.8
2011 7.51
2012 7.52
2013 7.2
2014 7.17
2015 6.87
2016 6.94
2017 7.05
2018
2019
2020
2021
2022

Latin America & Caribbean | Tariff rate, most favored nation, weighted mean, all products (%)

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.
Publisher
The World Bank
Origin
Latin America & Caribbean
Records
63
Source