Cuba vs Panama: Bound rate, simple mean, all products
Cuba
21.8%
in 2022
Panama
23.0%
in 2021
Cuba rank
83rd
Panama rank
80th
Bound rate, simple mean, all products over time
- Cuba
- Panama
How they compare
Panama currently reports 23.0% against 21.8% in Cuba, a difference of 1.2%.
That makes Panama's figure about 1.1 times Cuba's.
Across all 20 years both countries report, Panama has been ahead every year.
Globally, Cuba ranks 83rd and Panama ranks 80th 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.