Togo's bound rate, simple mean, all products (%) was 80% in 2021, the latest year in the World Bank's World Development Indicators. That is unchanged since 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 80% | 2021 |
| Five years earlier | 80% | 2016 |
| Ten years earlier | 80% | 2011 |
| Highest | 80% | 1996 |
| Lowest | 80% | 1996 |
| Average since 2012 | 80% | 2012–2021 |
| First recorded | 80% | 1996 |
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 10 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, Togo had the 12th 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 Togo in the 2021 ranking
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 25 values
| Year | Bound rate, simple mean, all products (%) |
|---|---|
| 2021 | 80 |
| 2020 | 80 |
| 2019 | 80 |
| 2018 | 80 |
| 2017 | 80 |
| 2016 | 80 |
| 2015 | 80 |
| 2014 | 80 |
| 2013 | 80 |
| 2012 | 80 |
| 2011 |
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 Togo
- Binding coverage, manufactured products (%) — 0% (2022)
- Tariff rate, applied, simple mean, manufactured products (%) — 12.33% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.72% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 14.74% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 15.11% (2022)
- Binding coverage, all products (%) — 0% (2022)
- Tariff rate, applied, simple mean, all products (%) — 12.85% (2022)
- Tariff rate, most favored nation, simple mean, all products (%) — 12.12% (2022)
- Tariff rate, applied, weighted mean, all products (%)
Reading data like this
Questions people ask
- What is Togo's bound rate, simple mean, all products (%)?
- 80% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is unchanged since 1996. The highest value was 80% in 1996 and the lowest 80% in 1996.
- How does Togo rank?
- 12th 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.
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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in