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

Key figures

What the numbers say

From 2012 to 2021 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 9 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.

How it compares

In 2021, Tanzania had the 2nd highest value of the 99 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 Tanzania in the 2021 ranking

• Nigeria — 1st of 99: 121.32%
• Zambia — 3rd of 99: 107.61%
• Gambia, The — 4th of 99: 103.47%
• Mozambique — 5th of 99: 97.68%

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

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)
• Chad — 79.92% (2016)
• Congo, Rep. — 27.45% (2015)

More trade data for Tanzania

• Tariff rate, applied, simple mean, manufactured products (%) — 12.06% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.98% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 6.16% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 7.95% (2022)
• Tariff rate, applied, simple mean, all products (%) — 12.76% (2022)
• Tariff rate, most favored nation, simple mean, all products (%) — 13.84% (2022)
• Tariff rate, applied, weighted mean, all products (%) — 8.64% (2022)
• Tariff rate, most favored nation, weighted mean, all products (%) — 10.84% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

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

120% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is unchanged since 1997. The highest value was 120% in 1997 and the lowest 120% in 1997.

How does Tanzania rank?

2nd highest of 99 economies with data for 2021.

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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