Bound rate, simple mean, all products in United Arab Emirates

United Arab Emirates: Bound rate, simple mean, all products was 14.7% in 2021. ▬ Flat

Latest (2021)
14.7%
Change on year
unchanged
World rank
101st
of 157 countries
All-time high
14.7%
in 2017
All-time low
14.3%
in 2003
Years of data
17
2003–2021

Bound rate, simple mean, all products in United Arab Emirates, 2003–2021

0510152003201220212003: 14.3 %2005: 14.3 %2006: 14.3 %2007: 14.4 %2008: 14.4 %2009: 14.4 %2011: 14.4 %2012: 14.6 %2013: 14.6 %2014: 14.6 %2015: 14.6 %2016: 14.6 %2017: 14.7 %2018: 14.7 %2019: 14.7 %2020: 14.7 %2021: 14.7 %

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

Analysis

In 2021, bound rate, simple mean, all products in United Arab Emirates stood at 14.7%. That is the highest value across all 17 years on record.

That represents a change of up 1.5% over ten years.

Over the whole period, bound rate, simple mean, all products in United Arab Emirates peaked at 14.7% in 2017 and was at its lowest, 14.3%, in 2003.

United Arab Emirates ranks 101st of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.4% 14.3% 14.4% 6
2010s 14.6% 14.4% 14.7% 9
2020s 14.7% 14.7% 14.7% 2

Countries ranked near United Arab Emirates

  1. 98 Jordan 16.4% compare
  2. 99 Cape Verde 15.9% compare
  3. 100 Qatar 15.8% compare
  4. 102 Malaysia 14.5% compare
  5. 103 Oman 14.1% compare
  6. 104 Iceland 13.8% compare

See the full ranking of 158 places →

More private sector data for United Arab Emirates

All data for United Arab Emirates →

Frequently asked questions

What is bound rate, simple mean, all products in United Arab Emirates?
Bound rate, simple mean, all products in United Arab Emirates was 14.7% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in United Arab Emirates?
The highest recorded value was 14.7% in 2017.
What is the lowest bound rate, simple mean, all products recorded in United Arab Emirates?
The lowest recorded value was 14.3% in 2003.
How does United Arab Emirates rank for bound rate, simple mean, all products?
United Arab Emirates ranks 101st out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in United Arab Emirates?
Over the last ten years it is up 1.5%. The long-run trend across the full record is flat.
Where does this United Arab Emirates 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.