Tariff rate; most favored nation; weighted mean; manufactured products (%) in Austria

The Tariff rate; most favored nation; weighted mean; manufactured products (%) in Austria was last reported at 3.32 in 2010, according to a World Bank report released in 2011. The Tariff rate; most favored nation; weighted mean; manufactured products (%) in Austria was 3.35 in 2009, according to a World Bank report, published in 2010. The Tariff rate; most favored nation; weighted mean; manufactured products (%) in Austria was reported at 3.39 in 2008, according to the World Bank. 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.This page includes a historical data chart, news and forecasts for Tariff rate; most favored nation; weighted mean; manufactured products (%) in Austria. Ever since the end of the World War II, Austria has achieved sustained economic growth. In particular, the access to the single European market through European Union membership has brought economic benefits and challenges and has drawn an influx of foreign investors. Most important for Austria is the service sector generating the vast majority of Austria's GDP. Vienna has grown to finance and consulting metropolis and has established itself as the door to the East within the last decades.

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