Worldwide weighted tariff-average
This indicator can be disaggregated and analysed by type of tariff (MFN applied rates and preferential rates), by product sector, by region and by level of development. The unit of measurement will be in % terms. Ad valorem equivalents (AVE) will be
calculated for those tariffs that are not expressed in percentage. This methodology also allows for cross-country comparisons. Calculations can be performed on a yearly basis. These calculations are already part of the MDG Gap task force report.
This indicator is proposed as an indicator for Sustainable Development Target 17.10 Promote a universal, rules-based, open, non-discriminatory and equitable multilateral trading system under the World Trade Organization, including through the conclusion of negotiations under its Doha Development Agenda
Linkages: 17.12, 8.2