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

Key figures

How it compares

In 2022, Tonga had the 27th 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 Tonga in the 2022 ranking

• Cuba — 24th of 35: 21.77%
• Mauritania — 25th of 35: 20.84%
• Suriname — 26th of 35: 18.16%
• Jordan — 28th of 35: 16.35%
• Cabo Verde — 29th of 35: 15.91%
• Viet Nam — 30th of 35: 11.38%

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 11 values

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

• Australia — 9.56% (2021)
• Brunei Darussalam — 24.28% (2022)
• Cambodia — 19.42% (2021)
• China — 10.01% (2021)
• Fiji — 40.12% (2021)
• Hong Kong SAR, China — 0% (2021)
• Indonesia — 37.33% (2021)
• Japan — 3.08% (2021)
• Korea, Rep. — 16.55% (2021)
• Macao SAR, China — 0% (2021)

More trade data for Tonga

• Import volume index (2015 = 100) — 119.4 (2024)
• Import value index (2015 = 100) — 140.9 (2024)
• Net barter terms of trade index (2015 = 100) — 89.8 (2024)
• Export volume index (2015 = 100) — 49.6 (2024)
• Export value index (2015 = 100) — 52.6 (2024)
• Binding coverage, manufactured products (%) — 100% (2022)
• Bound rate, simple mean, manufactured products (%) — 17.1% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 10.26% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.67% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%)

Reading data like this

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Questions people ask

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

17.64% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2009?

It is up 0.08 percentage points from 17.56% in 2009. The highest value was 17.64% in 2020 and the lowest 17.56% in 2009.

How does Tonga rank?

27th 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.

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