Israel: Bound rate, simple mean, manufactured products (%)

Key figures

What the numbers say

In 2022, Israel's bound rate, simple mean, manufactured products (%) did not change 0 percentage points on 2021 (from 9.96% to 9.96%).

Across the 16 yearly changes before that (2000 to 2021), the average change was −0.22 percentage points and a typical year strayed about 0.62 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 0.05 percentage points in 2001 and the biggest yearly fall was 2.18 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

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

How it compares

In 2022, Israel had the 30th highest value of the 35 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Israel in the 2022 ranking

• Cuba — 27th of 35: 11.08%
• Mauritania — 28th of 35: 10.97%
• Viet Nam — 29th of 35: 10.78%
• Côte d'Ivoire — 31st of 35: 8.86%
• Georgia — 32nd of 35: 6.51%
• Moldova — 33rd of 35: 6.32%

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

All 20 values

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

• Bahrain — 33.53% (2021)
• Egypt, Arab Rep. — 28.2% (2019)
• Jordan — 14.95% (2022)
• Kuwait — 97.69% (2022)
• Malta — 4% (2021)
• Morocco — 39.28% (2021)
• Oman — 11.14% (2021)
• Pakistan — 54.82% (2021)
• Qatar — 13.86% (2021)
• Saudi Arabia

More trade data for Israel

• Tariff rate, applied, simple mean, manufactured products (%) — 2.79% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 2.21% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 1.78% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 1.98% (2022)
• Tariff rate, applied, simple mean, all products (%) — 3.16% (2022)
• Tariff rate, most favored nation, simple mean, all products (%) — 3.55% (2022)
• Tariff rate, applied, weighted mean, all products (%) — 2.62% (2022)
• Tariff rate, most favored nation, weighted mean, all products (%) — 2.79% (2022)

Reading data like this

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Questions people ask

What is Israel's bound rate, simple mean, manufactured products (%)?

9.96% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 1999?

It is down 3.47 percentage points from 13.43% in 1999. The highest value was 13.48% in 2001 and the lowest 9.94% in 2015.

How does Israel rank?

30th highest of 35 economies with data for 2022.

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

In 2022, Israel's bound rate, simple mean, manufactured products (%) did not change 0 percentage points on 2021 (from 9.96% to 9.96%). Across the 16 yearly changes before that (2000 to 2021), the average change was −0.22 percentage points and a typical year strayed about 0.62 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.

Source

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