Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

2000 - 2022 | Yearly | % | World Bank

Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 3.240 % in 2022. This records an increase from the previous number of 2.900 % for 2021. Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 3.420 % from Dec 2000 (Median) to 2022, with 23 observations. The data reached an all-time high of 3.860 % in 2002 and a record low of 2.900 % in 2021. Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.;World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.;;The tariff data for the European Union (EU) apply to EU Member States in alignment with the EU membership for the respective countries/economies and years. In the context of the tariff data, the EU membership for a given country/economy and year is defined for the entire year during which the country/economy was a member of the EU (irrespective of the date of accession to or withdrawal from the EU within a given year). The tariff data for the EU are, thus, applicable to Belgium, France, Germany, Italy, Luxembourg, and the Netherlands (EU Member State(s) since 1958), Denmark and Ireland (EU Member State(s) since 1973), the United Kingdom (EU Member State(s) from 1973 until 2020), Greece (EU Member State(s) since 1981), Spain and Portugal (EU Member State(s) since 1986), Austria, Finland, and Sweden (EU Member State(s) since 1995), Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Slovakia, and Slovenia (EU Member State(s) since 2004), Romania and Bulgaria (EU Member State(s) since 2007), Croatia (EU Member State(s) since 2013).

View Belgium's Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products from 2000 to 2022 in the chart:

Belgium Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

What was Belgium's Belgium BE: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products in 2022?

Last Previous Min Max Unit Frequency Range
3.240 2022 2.900 2021 2.900 2021 3.860 2002 % yearly 2000 - 2022

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Belgium Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 84,000.968 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 64,689.995 2029 yearly 1980 - 2029
Forecast: Real GDP Growth (%) 1.289 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 5.4 Mar 2023 quarterly Mar 1996 - Mar 2023
GDP per Capita (USD) 49,392.667 2022 yearly 1957 - 2022
Gross Fixed Capital Formation (USD mn) 41,148.618 Sep 2024 quarterly Mar 1980 - Sep 2024
Gross Savings Rate (%) 22.1 Sep 2024 quarterly Mar 1980 - Sep 2024
Investment: % of GDP (%) 23.4 Sep 2024 quarterly Mar 1980 - Sep 2024
Nominal GDP (USD mn) 153,814.1 Mar 2023 quarterly Mar 1980 - Mar 2023
Nominal GDP Growth (%) 3.387 Sep 2024 quarterly Mar 1981 - Sep 2024
Private Consumption Expenditure (USD mn) 88,283.761 Sep 2024 quarterly Mar 1980 - Sep 2024
Private Consumption: % of GDP (%) 53.9 Sep 2024 quarterly Mar 1980 - Sep 2024
Public Consumption Expenditure (USD mn) 40,982.900 Sep 2024 quarterly Mar 1980 - Sep 2024
Public Consumption: % of GDP (%) 23.7 Sep 2024 quarterly Mar 1980 - Sep 2024
Real GDP Growth (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 157.382 Sep 2024 quarterly Mar 1980 - Sep 2024
Gross National Product (GNP) (USD mn) 166,050.115 Sep 2024 quarterly Mar 1980 - Sep 2024
Production Last Frequency Range
Industrial Production Index Growth (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Minerals Production (Metric Ton) 1,219.000 2022 yearly 2011 - 2022
Motor Vehicle Production (Unit) 332,103.000 2023 yearly 1997 - 2023
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 1.1 Aug 2012 monthly Jan 2001 - Aug 2012
Construction and Properties Last Frequency Range
Building Permits (Unit) 2,070.000 Aug 2024 monthly Jan 1990 - Aug 2024
House Prices Growth (%) 3.8 Sep 2024 quarterly Mar 1974 - Sep 2024
Nominal Residential Property Price Index (2010=100) 151.860 Jun 2024 quarterly Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%) 3.382 Jun 2024 quarterly Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100) 107.255 Jun 2024 quarterly Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%) -0.108 Jun 2024 quarterly Mar 1971 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.5 2023 yearly 1970 - 2023
Forecast: Government Expenditure (EUR bn) 400.202 2029 yearly 1980 - 2029
Forecast: Government Net Debt (EUR bn) 839.938 2029 yearly 1980 - 2029
Forecast: Government Revenue (EUR bn) 355.702 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 106.5 Mar 2024 quarterly Dec 1980 - Mar 2024
National Government Debt (USD mn) 688,479.8 Mar 2024 quarterly Mar 1980 - Mar 2024
Tax Revenue (USD mn) 188,333.360 2023 yearly 1970 - 2023
Consolidated Fiscal Balance (USD mn) -28,081.402 2023 yearly 1970 - 2023
Tax Revenue: % of GDP (%) 29.2 2023 yearly 1980 - 2023

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