South Korea vs Tonga: Bound rate, simple mean, all products

South Korea
16.6%
in 2021
Tonga
17.6%
in 2022
South Korea rank
97th
Tonga rank
95th

Bound rate, simple mean, all products over time

  • South Korea
  • Tonga
05101520199520082022

How they compare

Tonga currently reports 17.6% against 16.6% in South Korea, a difference of 1.1%.

That makes Tonga's figure about 1.1 times South Korea's.

The two have swapped places 2 times across 10 shared years of data; in 2009 it was Tonga ahead.

Globally, South Korea ranks 97th and Tonga ranks 95th 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.