80.19 - 158.91
51.96 - 80.19
37.33 - 51.96
29.97 - 37.33
21.77 - 29.97
14.66 - 21.77
7.13 - 14.66
0.00 - 7.13

Bound rate, simple mean, all products (%)

The simple mean of bound rates serves as an important metric in international trade, representing the unweighted average of tariff lines for which binding commitments have been established in a country's concession schedule. These bound rates arise from negotiations conducted during trade agreements and stipulate the maximum tariffs that can be imposed on certain goods, thus providing a level of predictability and stability for trading partners. By calculating this average across all products, stakeholders gain valuable insights into the overall trade environment and the degree of protectionism a country maintains. This indicator is crucial for assessing the effectiveness of trade policies and understanding the potential impacts on market access, competitiveness, and economic growth. Source:
Year:
2021
#Flag
Country
Bound rate, simple mean, all products (%)
Year
1
Bangladesh158.912021
2
Nigeria121.322021
3
Tanzania1202021
4
Zambia107.612021
5
Gambia, The103.472021
6
Kuwait98.322021
7
Mozambique97.682021
8
Kenya94.662021
9
Ghana92.782021
10
Zimbabwe89.632021
11
Rwanda89.192021
12
Mauritius85.922021
13
Myanmar84.342021
14
Lesotho80.192021
15
Togo802021
16
Solomon Islands79.082021
17
Barbados78.932021
18
Malawi75.762021
19
Uganda73.182021
20
Burundi69.42021
21
St. Vincent and the Grenadines62.952021
22
Pakistan60.852021
23
Belize59.312021
24
Angola59.072021
25
Antigua and Barbuda58.752021
26
Guyana57.232021
27
Trinidad and Tobago55.972021
28
India51.962021
29
Jamaica50.582021
30
Guinea-Bissau48.522021
31
Sierra Leone47.332021
32
Niger45.232021
33
Burkina Faso44.312021
34
Costa Rica43.052021
35
Colombia42.842021
36
Guatemala41.682021
37
Morocco41.332021
38
Nicaragua41.152021
39
Fiji40.122021
40
Vanuatu40.12021
41
Bolivia39.982021
42
Indonesia37.332021
43
El Salvador36.942021
44
Venezuela, RB36.722021
45
Maldives36.572021
46
Bahrain34.712021
47
Dominican Republic34.552021
48
Paraguay33.462021
49
Papua New Guinea32.462021
50
Honduras32.122021
51
Argentina31.782021
52
Sri Lanka31.712021
53
Uruguay31.672021
54
Brazil31.472021
55
Turkiye30.142021
56
Senegal29.972021
57
Mali29.652021
58
Benin29.532021
59
Peru29.512021
60
Madagascar27.492021
61
Liberia26.662021
62
Nepal26.332021
63
Philippines25.842021
64
Thailand25.392021
65
Chile25.152021
66
Brunei Darussalam24.282021
67
Israel23.192021
68
Panama22.962021
69
Ecuador21.852021
70
Cuba21.772021
71
Guinea20.92021
72
Mauritania20.842021
73
Cambodia19.422021
74
Namibia19.352021
75
South Africa19.352021
76
Eswatini19.172021
77
Botswana18.982021
78
Lao PDR18.962021
79
Suriname18.162021
80
Tonga17.642021
81
Mongolia17.582021
82
Korea, Rep.16.552021
83
Cabo Verde15.912021
84
Qatar15.782021
85
United Arab Emirates14.662021
86
Malaysia14.522021
87
Oman14.072021
88
Iceland13.842021
89
Viet Nam11.382021
90
Cote d'Ivoire11.232021
91
China10.012021
92
Seychelles9.882021
93
Australia9.562021
94
New Zealand9.412021
95
Armenia8.72021
96
Tajikistan7.892021
97
Kyrgyz Republic7.562021
98
Russian Federation7.362021
99
Georgia7.132021
100
Singapore6.892021
101
North Macedonia6.882021
102
Albania6.822021
103
Moldova6.792021
104
Kazakhstan5.962021
105
Ukraine5.852021
106
Montenegro5.282021
107
Canada4.932021
108
Austria4.392021
109
Belgium4.392021
110
Bulgaria4.392021
111
Croatia4.392021
112
Cyprus4.392021
113
Czechia4.392021
114
Denmark4.392021
115
Estonia4.392021
116
Finland4.392021
117
France4.392021
118
Germany4.392021
119
Greece4.392021
120
Hungary4.392021
121
Ireland4.392021
122
Italy4.392021
123
Latvia4.392021
124
Lithuania4.392021
125
Luxembourg4.392021
126
Malta4.392021
127
Netherlands4.392021
128
Poland4.392021
129
Portugal4.392021
130
Romania4.392021
131
Slovak Republic4.392021
132
Slovenia4.392021
133
Spain4.392021
134
Sweden4.392021
135
United States3.622021
136
Japan3.082021
137
Norway2.832021
138
Hong Kong SAR, China02021
139
Macao SAR, China02021
140
Switzerland02021