Egypt, Arab Rep.: Bound rate, simple mean, primary products (%)

Key figures

What the numbers say

In 2019, Egypt, Arab Rep.'s bound rate, simple mean, primary products (%) rose 0.35 percentage points on 2018 (from 60.94% to 61.29%).

Across the 21 yearly changes before that (1998 to 2018), the average change was −0.23 percentage points and a typical year strayed about 1.92 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 rise was 5.05 percentage points in 1999 and the biggest yearly fall was 5.11 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2010 to 2019 the straight-line trend is downward, about 0.65 percentage points a year. A straight line explains 70% of the movement over 10 observed years.

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

Closest to Egypt, Arab Rep. in the 2019 ranking

• Cameroon — 1st of 4: 79.96%
• Gabon — 3rd of 4: 38.39%
• United Kingdom — 4th of 4: 5.75%

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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

All 24 values

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

• Bahrain — 38.3% (2021)
• Israel — 55.86% (2022)
• Jordan — 20.45% (2022)
• Kuwait — 100% (2022)
• Malta — 5.75% (2021)
• Morocco — 47.36% (2021)
• Oman — 22.51% (2021)
• Pakistan — 77.83% (2021)
• Qatar — 21.35% (2021)
• Saudi Arabia — 11.82% (2020)

More trade data for Egypt, Arab Rep.

• Binding coverage, manufactured products (%) — 99.44% (2019)
• Bound rate, simple mean, manufactured products (%) — 28.2% (2019)
• Binding coverage, all products (%) — 99.34% (2019)
• Bound rate, simple mean, all products (%) — 36.59% (2019)
• Binding coverage, primary products (%) — 99.01% (2019)
• Tariff rate, applied, simple mean, manufactured products (%) — 4.85% (2019)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 12.62% (2019)
• Tariff rate, applied, weighted mean, manufactured products (%) — 6.07% (2019)
• Tariff rate, most favored nation, weighted mean, manufactured products (%)

Reading data like this

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Questions people ask

What is Egypt, Arab Rep.'s bound rate, simple mean, primary products (%)?

61.29% in 2019, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is up 0.59 percentage points from 60.7% in 1995. The highest value was 65.81% in 1997 and the lowest 60.7% in 1995.

Is the latest change in bound rate, simple mean, primary products (%) unusual for Egypt, Arab Rep.?

In 2019, Egypt, Arab Rep.'s bound rate, simple mean, primary products (%) rose 0.35 percentage points on 2018 (from 60.94% to 61.29%). Across the 21 yearly changes before that (1998 to 2018), the average change was −0.23 percentage points and a typical year strayed about 1.92 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?

Source

World Bank, World Development Indicators, indicator TM.TAX.TCOM.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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