Jordan's bound rate, simple mean, all products (%) was 16.35% in 2022, the latest year in the World Bank's World Development Indicators. That is up 0.02 percentage points from 16.33% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 16.35% | 2022 |
| Five years earlier | 16.35% | 2017 |
| Ten years earlier | 16.33% | 2012 |
| Highest | 16.35% | 2017 |
| Lowest | 16.18% | 2003 |
| Average since 2013 | 16.33% | 2013–2022 |
| First recorded | 16.21% | 2000 |
What the numbers say
On record, the biggest yearly rise was 0.11 percentage points in 2012 and the biggest yearly fall was 0.03 percentage points in 2003. 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, Jordan had the 28th 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 Jordan in the 2022 ranking
- Mauritania — 25th of 35: 20.84%
- Suriname — 26th of 35: 18.16%
- Tonga — 27th of 35: 17.64%
- Cabo Verde — 29th of 35: 15.91%
- Viet Nam — 30th of 35: 11.38%
- Côte d'Ivoire — 31st of 35: 11.23%
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 20 values
| Year | Bound rate, simple mean, all products (%) |
|---|---|
| 2022 | 16.35 |
| 2021 | no data |
| 2020 | 16.35 |
| 2019 | no data |
| 2018 | no data |
| 2017 | 16.35 |
| 2016 | 16.31 |
| 2015 | 16.31 |
| 2014 | 16.33 |
| 2013 | 16.33 |
| 2012 |
Bound rate, simple mean, all products (%) in nearby economies
More trade data for Jordan
- Import volume index (2015 = 100) — 129.8 (2024)
- Binding coverage, manufactured products (%) — 100% (2022)
- Bound rate, simple mean, manufactured products (%) — 14.95% (2022)
- Tariff rate, applied, simple mean, manufactured products (%) — 3.79% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 9.19% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 3.4% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 7.15% (2022)
- Binding coverage, all products (%) — 99.96% (2022)
- Tariff rate, applied, simple mean, all products (%)
Reading data like this
Questions people ask
- What is Jordan's bound rate, simple mean, all products (%)?
- 16.35% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 0.14 percentage points from 16.21% in 2000. The highest value was 16.35% in 2017 and the lowest 16.18% in 2003.
- How does Jordan rank?
- 28th highest of 35 economies with data for 2022.
- 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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