Bound rate, simple mean, all products (%) - Middle East

Definition: 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.

Description: The map below shows how Bound rate, simple mean, all products (%) varies by country in the Middle East. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Kuwait, with a value of 98.32. The country with the lowest value in the region is Kyrgyz Republic, with a value of 7.56.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also: Country ranking, Time series comparison

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Periodicity: Annual