Romania RO: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

1988 - 2016 | Yearly | % | World Bank

Romania RO: 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. Romania RO: 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. Romania RO: 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 Romania – Table RO.World Bank: 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.; ;

View Romania's Romania RO: Tariff Rate: Most Favored Nation: Weighted Mean: All Products from 1988 to 2016 in the chart:

Romania Romania RO: Tariff Rate: Most Favored Nation: Weighted Mean: All Products

What was Romania's Romania RO: Tariff Rate: Most Favored Nation: Weighted Mean: All Products in 2016?

Last Previous Min Max Unit Frequency Range
3.16 2016 2.96 2015 2.64 2012 7.38 1995 % yearly 1988 - 2016

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Romania Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 50,572.570 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 25,974.383 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 3.480 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 14.4 Mar 2023 quarterly Mar 1996 - Mar 2023
GDP per Capita (USD) 14,987.806 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 25,697.240 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 341,039.902 2023 yearly 1989 - 2023
Gross Savings Rate (%) 16.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Investment: % of GDP (%) 23.7 Jun 2024 quarterly Mar 1995 - Jun 2024
Nominal GDP (USD mn) 84,896.6 Mar 2023 quarterly Mar 1995 - Mar 2023
Nominal GDP Growth (%) 12.512 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 60,112.678 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 61.5 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption Expenditure (USD mn) 17,587.741 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 19.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) 2.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 80.483 Jun 2024 quarterly Mar 1995 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 400.000 2010 yearly 1990 - 2010
Industrial Production Index Growth (%) -4.7 Apr 2023 monthly Jan 2006 - Apr 2023
Minerals Production (Metric Ton) 31,235,421.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 513,050.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 3.000 2015 yearly 1986 - 2015
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) 2.7 Aug 2024 monthly Jan 2001 - Aug 2024
Construction and Properties Last Frequency Range
Building Permits (Unit) 3,893.000 Aug 2024 monthly Jan 2004 - Aug 2024
House Prices Growth (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Nominal Residential Property Price Index (2010=100) 128.870 Mar 2024 quarterly Mar 2009 - Mar 2024
Nominal Residential Property Price Index Growth (%) 5.479 Mar 2024 quarterly Mar 2010 - Mar 2024
Real Residential Property Price Index (2010=100) 73.742 Mar 2024 quarterly Mar 2009 - Mar 2024
Real Residential Property Price Index Growth (%) -1.497 Mar 2024 quarterly Mar 2010 - Mar 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.9 Jun 2024 quarterly Dec 2004 - Jun 2024
Forecast: Government Expenditure (RON bn) 902.150 2029 yearly 1990 - 2029
Forecast: Government Net Debt (RON bn) 1,699.003 2029 yearly 2000 - 2029
Forecast: Government Revenue (RON bn) 749.728 2029 yearly 1990 - 2029
Government Debt: % of GDP (%) 51.1 Jun 2024 quarterly Dec 2011 - Jun 2024
National Government Debt (USD mn) 187,882.7 May 2024 monthly Nov 2011 - May 2024
Consolidated Fiscal Balance (%) -6.908 Jun 2024 quarterly Dec 2004 - Jun 2024

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