Tariff rate; applied; simple mean; all products (%) in Italy

The Tariff rate; applied; simple mean; all products (%) in Italy was last reported at 1.94 in 2010, according to a World Bank report released in 2011. The Tariff rate; applied; simple mean; all products (%) in Italy was 2.15 in 2009, according to a World Bank report, published in 2010. The Tariff rate; applied; simple mean; all products (%) in Italy was reported at 2.25 in 2008, according to the World Bank. Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. 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. 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.This page includes a historical data chart, news and forecasts for Tariff rate; applied; simple mean; all products (%) in Italy. Italy is a member of the G8 group of leading industrialized countries. Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with high unemployment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises.

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