Canada vs Latvia: Bound rate, simple mean, all products
Canada
4.9%
in 2021
Latvia
4.4%
in 2021
Canada rank
124th
Latvia rank
125th
Bound rate, simple mean, all products over time
- Canada
- Latvia
How they compare
Canada currently reports 4.9% against 4.4% in Latvia, a difference of 0.5%.
That makes Canada's figure about 1.1 times Latvia's.
The two have swapped places 1 time across 18 shared years of data; in 2004 it was Latvia ahead.
Globally, Canada ranks 124th and Latvia ranks 125th of 157 countries.
Individual pages
About this data
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.