Luxembourg LU: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

Luxembourg LU: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data was reported at 3.160 % in 2016. This records an increase from the previous number of 2.960 % for 2015. Luxembourg LU: Tariff Rate: Most Favored Nation: Weighted Mean: All Products data is updated yearly, averaging 3.480 % from Dec 1988 (Median) to 2016, with 29 observations. The data reached an all-time high of 7.380 % in 1995 and a record low of 2.640 % in 2012. Luxembourg LU: Tariff Rate: Most Favored Nation: 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.WDI: Trade Tariffs. 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.; ; 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.; ;

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