{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-applied-simple-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.SM.AR.ZS","title":"Tariff rate, applied, simple mean, all products (%)","unit":"%"},"observations":[{"date":"1995-01-01","value":7.68},{"date":"1996-01-01","value":9.14},{"date":"1997-01-01","value":6.63},{"date":"1998-01-01","value":4.9},{"date":"1999-01-01","value":9.05},{"date":"2000-01-01","value":3.04},{"date":"2001-01-01","value":4.26},{"date":"2002-01-01","value":4.31},{"date":"2003-01-01","value":4.59},{"date":"2004-01-01","value":5.27},{"date":"2005-01-01","value":6.72},{"date":"2006-01-01","value":5.73},{"date":"2007-01-01","value":5.39},{"date":"2008-01-01","value":5.58},{"date":"2009-01-01","value":4.31},{"date":"2010-01-01","value":4.15},{"date":"2011-01-01","value":4.39},{"date":"2012-01-01","value":4.3},{"date":"2013-01-01","value":3.92},{"date":"2014-01-01","value":3.86},{"date":"2015-01-01","value":3.79},{"date":"2016-01-01","value":3.57},{"date":"2017-01-01","value":3.48},{"date":"2018-01-01","value":3.33},{"date":"2019-01-01","value":3.19},{"date":"2020-01-01","value":3.26},{"date":"2021-01-01","value":3.04},{"date":"2022-01-01","value":2.98}],"summary":{"latest_period":"2022-01-01","latest_value":2.98,"max":9.14,"mean":4.78071,"min":2.98,"of":184,"rank":129,"trend":"falling"}}