Denmark vs Montenegro: Bound rate, simple mean, all products

Denmark
4.4%
in 2021
Montenegro
5.3%
in 2021
Denmark rank
125th
Montenegro rank
123rd

Bound rate, simple mean, all products over time

  • Denmark
  • Montenegro
0246200020102021

How they compare

Montenegro currently reports 5.3% against 4.4% in Denmark, a difference of 0.9%.

That makes Montenegro's figure about 1.2 times Denmark's.

The two have swapped places 1 time across 10 shared years of data; in 2012 it was Denmark ahead.

Globally, Denmark ranks 125th and Montenegro ranks 123rd 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.