Bound rate, simple mean, all products in Japan

Japan: Bound rate, simple mean, all products was 3.1% in 2021. ▬ Flat

Latest (2021)
3.1%
Change on year
unchanged
World rank
153rd
of 157 countries
All-time high
8.8%
in 2002
All-time low
3.0%
in 1996
Years of data
27
1995–2021

Bound rate, simple mean, all products in Japan, 1995–2021

24681995200820211995: 3 %1996: 3 %1997: 3 %1998: 3 %1999: 3 %2000: 3 %2001: 3 %2002: 8.8 %2003: 8.3 %2004: 7.5 %2005: 7.2 %2006: 6.9 %2007: 6.6 %2008: 6.2 %2009: 6.2 %2010: 6.4 %2011: 6.7 %2012: 7.8 %2013: 7.5 %2014: 6.9 %2015: 3.1 %2016: 3.1 %2017: 3.1 %2018: 3.1 %2019: 3.1 %2020: 3.1 %2021: 3.1 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

Japan recorded 3.1% for bound rate, simple mean, all products in 2021.

The figure is down 54.2% over ten years.

Over the whole period, bound rate, simple mean, all products in Japan peaked at 8.8% in 2002 and was at its lowest, 3.0%, in 1996.

That places Japan 153rd out of 157 countries with data for 2021, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.0% 3.0% 3.0% 5
2000s 6.4% 3.0% 8.8% 10
2010s 5.1% 3.1% 7.8% 10
2020s 3.1% 3.1% 3.1% 2

Countries ranked near Japan

  1. 152 United States 3.6% compare
  2. 154 Norway 2.8% compare
  3. 155 Hong Kong 0.0% compare
  4. 155 Macao 0.0% compare
  5. 155 Switzerland 0.0% compare

See the full ranking of 158 places →

More private sector data for Japan

All data for Japan →

Frequently asked questions

What is bound rate, simple mean, all products in Japan?
Bound rate, simple mean, all products in Japan was 3.1% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Japan?
The highest recorded value was 8.8% in 2002.
What is the lowest bound rate, simple mean, all products recorded in Japan?
The lowest recorded value was 3.0% in 1996.
How does Japan rank for bound rate, simple mean, all products?
Japan ranks 153rd out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Japan?
Over the last ten years it is down 54.2%. The long-run trend across the full record is flat.
Where does this Japan data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.

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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.