Share of tariff lines with international peaks, manufactured products (%)

This indicator measures the proportion of tariff lines within a country's tariff schedule that impose rates exceeding 15%, serving as a key gauge of the restrictiveness and selectivity of trade policy. By focusing on manufactured goods—specifically categorized under SITC revision 3 sections 5-8, excluding division 68—this metric reveals the extent to which high tariffs might distort market access and competitiveness. A higher share of elevated tariff lines may suggest the country's prioritization of protecting domestic industries from foreign competition, but it can also impede trade diversification and elevate consumer prices. Understanding this dynamic is essential for policymakers aiming to balance protective measures and economic openness while fostering sustainable growth in international trade. Source: