This table provides metadata for the actual indicator available from Faroe Islands statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Faroese statistics, this table should be consulted for information on national methodology and other Faroese-specific metadata information.
Comments to indicator 17.12.1
Organisations collecting and reporting data for this indicator to UN
International Trade Centre (ITC),
United Nations Conference on Trade and Development (UNCTAD) and
The World Trade Organization (WTO)
The figures here are downloaded from UN Statistics SDG Indicator Database
Definitions:
Most favoured Nations tariff (MFN):
Tariff that WTO member countries promise to impose all of their trading partners who are also WTO members, unless the country is part of a preferential trade agreement (such as a free trade area or customs union). This means that, in practice, MFN rates are the highest (most restrictive) tariffs that WTO members charge one another.
Preferential tariff:
Tariff that falls under a preferential trade agreement, where countries agree to charge a lower rate than the MFN rate.
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This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.
| Indicator |
Indicator 17.12.1: Weighted average tariffs faced by developing countries, least developed countries and small island developing States |
|---|---|
| Target |
Target 17.12: Realize timely implementation of duty-free and quota-free market access on a lasting basis for all least developed countries, consistent with World Trade Organization decisions, including by ensuring that preferential rules of origin applicable to imports from least developed countries are transparent and simple, and contribute to facilitating market access |
| Metadata update |
2016-07-19 |
| International organisations(s) responsible for global monitoring |
International Trade Centre (ITC) United Nations Conference on Trade and Development (UNCTAD) The World Trade Organization (WTO) |
| Related indicators |
Linkages with the decrease of agricultural market distortions (target 2.b), improvements in the transfer of environmental goods and services (target 17.7) and better access to essential medicines (3.b). |
| Link to UN metadata | Metadata on this indicator opens in a new window |
| Organisation |
Heimsmálsdátustovninum hjá ST |
|---|---|
| Link to data source | Heimsmálsdátustovninum hjá ST opens in a new window |