Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products

1988 - 2016 | Yearly | % | World Bank

Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 1.960 % in 2016. This records an increase from the previous number of 1.890 % for 2015. Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 2.270 % from Dec 1988 to 2016, with 29 observations. The data reached an all-time high of 6.280 % in 1995 and a record low of 1.310 % in 2012. Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Luxembourg – Table LU.World Bank: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.; ; 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) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

View Luxembourg's Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products from 1988 to 2016 in the chart:

Luxembourg Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products

What was Luxembourg's Luxembourg LU: Tariff Rate: Applied: Weighted Mean: All Products in 2016?

Last Previous Min Max Unit Frequency Range
1.60 2016 1.57 2015 1.02 2012 6.27 1995 % yearly 1988 - 2016

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 159,458.330 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 154,419.810 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.287 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 7.0 Sep 2022 quarterly Mar 1996 - Sep 2022
GDP per Capita (USD) 132,485.619 2021 yearly 1995 - 2021
Gross Fixed Capital Formation (USD mn) 4,061.387 Dec 2023 quarterly Mar 1995 - Dec 2023
Gross Savings Rate (%) 52.5 Sep 2022 quarterly Mar 1995 - Sep 2022
Investment: % of GDP (%) 15.6 Sep 2022 quarterly Mar 1995 - Sep 2022
Nominal GDP (USD mn) 22,027.3 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 1.823 Dec 2023 quarterly Mar 1996 - Dec 2023
Private Consumption Expenditure (USD mn) 6,995.551 Dec 2023 quarterly Mar 1995 - Dec 2023
Private Consumption: % of GDP (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Public Consumption Expenditure (USD mn) 4,330.566 Dec 2023 quarterly Mar 1995 - Dec 2023
Public Consumption: % of GDP (%) 22.4 Dec 2023 quarterly Mar 1995 - Dec 2023
Real GDP Growth (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 392.412 Dec 2023 quarterly Mar 1995 - Dec 2023
Gross National Product (GNP) (USD mn) 54,914.989 2022 yearly 1960 - 2022
Production Last Frequency Range
Industrial Production Index Growth (%) -6.9 Dec 2023 monthly Jan 2011 - Dec 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -17.8 Feb 2013 monthly Jan 2006 - Feb 2013
Construction and Properties Last Frequency Range
Building Permits (Unit) 234.000 Mar 2023 monthly Jan 1992 - Mar 2023
House Prices Growth (%) -13.6 Sep 2023 quarterly Mar 2008 - Sep 2023
Nominal Residential Property Price Index (2010=100) 207.259 Sep 2023 quarterly Mar 2007 - Sep 2023
Nominal Residential Property Price Index Growth (%) -13.624 Sep 2023 quarterly Mar 2008 - Sep 2023
Real Residential Property Price Index (2010=100) 156.725 Sep 2023 quarterly Mar 2007 - Sep 2023
Real Residential Property Price Index Growth (%) -16.958 Sep 2023 quarterly Mar 2008 - Sep 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.3 2022 yearly 1995 - 2022
Forecast: Government Expenditure (EUR bn) 47.258 2028 yearly 1995 - 2028
Forecast: Government Net Debt (EUR bn) 31.235 2028 yearly 1995 - 2028
Forecast: Government Revenue (EUR bn) 46.559 2028 yearly 1995 - 2028
Government Debt: % of GDP (%) 25.8 Sep 2023 quarterly Dec 1997 - Sep 2023
National Government Debt (USD mn) 21,543.4 Sep 2023 quarterly Dec 1995 - Sep 2023
Tax Revenue (USD mn) 22,155.719 2022 yearly 1995 - 2022
Consolidated Fiscal Balance (%) -0.287 2022 yearly 1995 - 2022
Tax Revenue: % of GDP (%) 27.2 2022 yearly 1995 - 2022

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