Of the economies in the World Bank's latest release, Bangladesh has the highest bound rate, simple mean, all products (%) (158.91% in 2022) and Switzerland the lowest (0% in 2021).
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.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | Bangladesh | 158.91% | 2022 |
| 2 | Nigeria | 121.32% | 2021 |
| 3 | Tanzania | 120% | 2021 |
| 4 | Zambia | 107.61% | 2021 |
| 5 | Gambia, The | 103.47% | 2021 |
| 6 | Kuwait | 98.23% | 2022 |
| 7 | Mozambique | 97.68% | 2021 |
| 8 | Kenya | 94.66% | 2021 |
| 9 | Ghana | 92.78% | 2021 |
| 10 | Zimbabwe | 89.63% | 2021 |
| 11 | Rwanda | 89.19% | 2021 |
| 12 | Mauritius | 85.92% | 2021 |
| 13 | Myanmar | 84.34% | 2022 |
| 14 | Lesotho | 80.19% | 2021 |
| 15 | Togo | 80% | 2021 |
| 16 | Chad | 79.92% | 2016 |
| 17 | Cameroon | 79.88% | 2019 |
| 18 | Solomon Islands | 79.08% | 2021 |
| 19 | Barbados | 78.93% | 2022 |
| 20 | St. Kitts and Nevis | 76.51% | 2020 |
| 21 | Malawi | 75.76% | 2021 |
| 22 | Uganda | 73.18% | 2021 |
| 23 | Burundi | 69.4% | 2021 |
| 24 | St. Lucia | 64.55% | 2020 |
| 25 | St. Vincent and the Grenadines | 62.95% | 2022 |
| 26 | Pakistan | 60.85% | 2021 |
| 27 | Dominica | 59.77% | 2020 |
| 28 | Belize | 59.31% | 2021 |
| 29 | Angola | 59.07% | 2022 |
| 30 | Tunisia | 58.91% | 2016 |
| 31 | Antigua and Barbuda | 58.75% | 2021 |
| 32 | Guyana | 57.23% | 2022 |
| 33 | Grenada | 56.64% | 2022 |
| 34 | Trinidad and Tobago | 55.97% | 2022 |
| 35 | India | 51.96% | 2021 |
| 36 | Jamaica | 50.58% | 2021 |
| 37 | Guinea-Bissau | 48.52% | 2021 |
| 38 | Niger | 45.23% | 2021 |
| 39 | Burkina Faso | 44.31% | 2021 |
| 40 | Costa Rica | 43.05% | 2021 |
| 41 | Colombia | 42.84% | 2022 |
| 42 | Guatemala | 41.68% | 2021 |
| 43 | Morocco | 41.33% | 2021 |
| 44 | Nicaragua | 41.15% | 2021 |
| 45 | Fiji | 40.12% | 2021 |
| 46 | Bolivia | 39.98% | 2022 |
| 47 | Indonesia | 37.33% | 2021 |
| 48 | El Salvador | 36.94% | 2021 |
| 49 | Venezuela, RB | 36.72% | 2022 |
| 50 | Egypt, Arab Rep. | 36.59% | 2019 |
| 51 | Maldives | 36.57% | 2021 |
| 52 | Central African Republic | 35.89% | 2017 |
| 53 | Mexico | 34.99% | 2022 |
| 54 | Bahrain | 34.71% | 2021 |
| 55 | Dominican Republic | 34.55% | 2021 |
| 56 | Paraguay | 33.46% | 2022 |
| 57 | Papua New Guinea | 32.46% | 2021 |
| 58 | Honduras | 32.12% | 2021 |
| 59 | Argentina | 31.78% | 2022 |
| 60 | Sri Lanka | 31.71% | 2021 |
| 61 | Uruguay | 31.67% | 2022 |
| 62 | Brazil | 31.47% | 2022 |
| 63 | Türkiye | 30.14% | 2021 |
| 64 | Senegal | 29.97% | 2021 |
| 65 | Mali | 29.65% | 2021 |
| 66 | Benin | 29.53% | 2021 |
| 67 | Peru | 29.51% | 2022 |
| 68 | Madagascar | 27.49% | 2021 |
| 69 | Congo, Rep. | 27.45% | 2015 |
| 70 | Nepal | 26.33% | 2021 |
| 71 | Philippines | 25.84% | 2022 |
| 72 | Thailand | 25.39% | 2021 |
| 73 | Chile | 25.15% | 2022 |
| 74 | Brunei Darussalam | 24.28% | 2022 |
| 75 | Israel | 23.19% | 2022 |
| 76 | Panama | 22.96% | 2021 |
| 77 | Gabon | 22.82% | 2019 |
| 78 | Ecuador | 21.85% | 2022 |
| 79 | Cuba | 21.77% | 2022 |
| 80 | Guinea | 20.9% | 2021 |
| 81 | Mauritania | 20.84% | 2022 |
| 82 | Cambodia | 19.42% | 2021 |
| 83 | Namibia | 19.35% | 2021 |
| 84 | South Africa | 19.35% | 2021 |
| 85 | Eswatini | 19.17% | 2021 |
| 86 | Botswana | 18.98% | 2021 |
| 87 | Suriname | 18.16% | 2022 |
| 88 | Haiti | 17.75% | 2020 |
| 89 | Tonga | 17.64% | 2022 |
| 90 | Mongolia | 17.58% | 2021 |
| 91 | Korea, Rep. | 16.55% | 2021 |
| 92 | Jordan | 16.35% | 2022 |
| 93 | Cabo Verde | 15.91% | 2022 |
| 94 | Qatar | 15.78% | 2021 |
| 95 | United Arab Emirates | 14.66% | 2021 |
| 96 | Malaysia | 14.52% | 2021 |
| 97 | Oman | 14.07% | 2021 |
| 98 | Iceland | 13.84% | 2021 |
| 99 | Viet Nam | 11.38% | 2022 |
| 100 | Côte d'Ivoire | 11.23% | 2022 |
| 101 | Saudi Arabia | 10.66% | 2020 |
| 102 | China | 10.01% | 2021 |
| 103 | Australia | 9.56% | 2021 |
| 104 | New Zealand | 9.41% | 2021 |
| 105 | Armenia | 8.7% | 2021 |
| 106 | Kyrgyz Republic | 7.56% | 2021 |
| 107 | Russian Federation | 7.36% | 2021 |
| 108 | Georgia | 7.13% | 2022 |
| 109 | Singapore | 6.89% | 2022 |
| 110 | North Macedonia | 6.88% | 2021 |
| 111 | Albania | 6.82% | 2021 |
| 112 | Moldova | 6.79% | 2022 |
| 113 | Ukraine | 5.85% | 2022 |
| 114 | Montenegro | 5.28% | 2021 |
| 115 | Canada | 4.93% | 2021 |
| 116 | Austria | 4.39% | 2021 |
| 117 | Belgium | 4.39% | 2021 |
| 118 | Bulgaria | 4.39% | 2021 |
| 119 | Cyprus | 4.39% | 2021 |
| 120 | Czechia | 4.39% | 2021 |
| 121 | Denmark | 4.39% | 2021 |
| 122 | Estonia | 4.39% | 2021 |
| 123 | Finland | 4.39% | 2021 |
| 124 | France | 4.39% | 2021 |
| 125 | Germany | 4.39% | 2021 |
| 126 | Greece | 4.39% | 2021 |
| 127 | Hungary | 4.39% | 2021 |
| 128 | Ireland | 4.39% | 2021 |
| 129 | Italy | 4.39% | 2021 |
| 130 | Latvia | 4.39% | 2021 |
| 131 | Lithuania | 4.39% | 2021 |
| 132 | Malta | 4.39% | 2021 |
| 133 | Netherlands | 4.39% | 2021 |
| 134 | Poland | 4.39% | 2021 |
| 135 | Portugal | 4.39% | 2021 |
| 136 | Romania | 4.39% | 2021 |
| 137 | Slovak Republic | 4.39% | 2021 |
| 138 | Slovenia | 4.39% | 2021 |
| 139 | Spain | 4.39% | 2021 |
| 140 | Sweden | 4.39% | 2021 |
| 141 | United Kingdom | 4.39% | 2019 |
| 142 | United States | 3.62% | 2021 |
| 143 | Japan | 3.08% | 2021 |
| 144 | Norway | 2.83% | 2021 |
| 145 | Hong Kong SAR, China | 0% | 2021 |
| 146 | Macao SAR, China | 0% | 2021 |
| 147 | Switzerland | 0% | 2021 |
Regions and income groups
| Region or group | Latest value | Year |
|---|---|---|
| European Union | 4.39% | 2021 |
More trade indicators
- Import volume index (2015 = 100)
- Binding coverage, manufactured products (%)
- Bound rate, simple mean, manufactured products (%)
- Tariff rate, applied, simple mean, manufactured products (%)
- Tariff rate, most favored nation, simple mean, manufactured products (%)
- Tariff rate, applied, weighted mean, manufactured products (%)
- Tariff rate, most favored nation, weighted mean, manufactured products (%)
- Binding coverage, all products (%)
- Tariff rate, applied, simple mean, all products (%)
- Tariff rate, most favored nation, simple mean, all products (%)
- Tariff rate, applied, weighted mean, all products (%)
- Tariff rate, most favored nation, weighted mean, all products (%)
Reading data like this
Source
World Bank, World Development Indicators, TM.TAX.MRCH.BR.ZS, CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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