Laos vs Tonga: Bound rate, simple mean, all products

Laos
19.0%
in 2022
Tonga
17.6%
in 2022
Laos rank
92nd
Tonga rank
95th

Bound rate, simple mean, all products over time

  • Laos
  • Tonga
05101520200920152022

How they compare

Laos currently reports 19.0% against 17.6% in Tonga, a difference of 1.3%.

That makes Laos's figure about 1.1 times Tonga's.

Across all 6 years both countries report, Laos has been ahead every year.

Globally, Laos ranks 92nd 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.