Chad: Bound rate, simple mean, all products (%)

Key figures

What the numbers say

In 2016, Chad's bound rate, simple mean, all products (%) did not change 0 percentage points on 2015 (from 79.92% to 79.92%).

Across the 10 yearly changes before that (2002 to 2015), the average change was −0 percentage points and a typical year strayed about 0 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly fall was 0.01 percentage points in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2007 to 2016 there is no clear straight-line trend: a straight line explains 5% of the movement over 8 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Chad in the 2016 ranking

• Tunisia — 2nd of 2: 58.91%

What this measures

Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.

All 15 values

Bound rate, simple mean, all products (%) in nearby economies

• Angola — 59.07% (2022)
• Benin — 29.53% (2021)
• Botswana — 18.98% (2021)
• Burkina Faso — 44.31% (2021)
• Burundi — 69.4% (2021)
• Cabo Verde — 15.91% (2022)
• Cameroon — 79.88% (2019)
• Central African Republic — 35.89% (2017)
• Congo, Rep. — 27.45% (2015)
• Côte d'Ivoire — 11.23% (2022)

More trade data for Chad

• Import volume index (2015 = 100) — 47.6 (2024)
• Import value index (2015 = 100) — 56 (2024)
• Net barter terms of trade index (2015 = 100) — 150.6 (2024)
• Export volume index (2015 = 100) — 105.3 (2024)
• Export value index (2015 = 100) — 186.6 (2024)
• Tariff rate, applied, simple mean, manufactured products (%) — 17.84% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 17.27% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 15.52% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 15.52% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Chad's bound rate, simple mean, all products (%)?

79.92% in 2016, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is unchanged since 1997. The highest value was 79.93% in 2001 and the lowest 79.92% in 1997.

Is the latest change in bound rate, simple mean, all products (%) unusual for Chad?

In 2016, Chad's bound rate, simple mean, all products (%) did not change 0 percentage points on 2015 (from 79.92% to 79.92%). Across the 10 yearly changes before that (2002 to 2015), the average change was −0 percentage points and a typical year strayed about 0 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO).

Source

World Bank, World Development Indicators, indicator TM.TAX.MRCH.BR.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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