Statizoid

Chile vs Panama: Bound rate, simple mean, all products

Chile
25.1%
in 2022
Panama
23.0%
in 2021
Chile rank
77th
Panama rank
80th

Bound rate, simple mean, all products over time

  • Chile
  • Panama
0102030199520082022

How they compare

Chile currently reports 25.1% against 23.0% in Panama, a difference of 2.2%.

That makes Chile's figure about 1.1 times Panama's.

Across all 20 years both countries report, Chile has been ahead every year.

Globally, Chile ranks 77th and Panama ranks 80th of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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.