{"entity":{"iso2":"JP","iso3":"JPN","name":"Japan","slug":"japan"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-most-favored-nation-simple-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.SM.FN.ZS","title":"Tariff rate, most favored nation, simple mean, all products (%)","unit":"%"},"observations":[{"date":"1988-01-01","value":5.74},{"date":"1989-01-01","value":5.62},{"date":"1990-01-01","value":5.01},{"date":"1991-01-01","value":5.04},{"date":"1992-01-01","value":5.03},{"date":"1993-01-01","value":5.11},{"date":"1994-01-01","value":5.15},{"date":"1995-01-01","value":5.49},{"date":"1996-01-01","value":5.68},{"date":"1997-01-01","value":5.18},{"date":"1998-01-01","value":4.98},{"date":"1999-01-01","value":5.22},{"date":"2000-01-01","value":6.04},{"date":"2001-01-01","value":6.39},{"date":"2002-01-01","value":6.15},{"date":"2003-01-01","value":5.82},{"date":"2004-01-01","value":5.38},{"date":"2005-01-01","value":5.24},{"date":"2006-01-01","value":5.3},{"date":"2007-01-01","value":5.11},{"date":"2008-01-01","value":4.91},{"date":"2009-01-01","value":4.91},{"date":"2010-01-01","value":4.41},{"date":"2011-01-01","value":5.11},{"date":"2012-01-01","value":4.88},{"date":"2013-01-01","value":3.08},{"date":"2014-01-01","value":5.09},{"date":"2015-01-01","value":4.47},{"date":"2016-01-01","value":4.8},{"date":"2017-01-01","value":4.99},{"date":"2018-01-01","value":5.17},{"date":"2019-01-01","value":8.46},{"date":"2020-01-01","value":4.99},{"date":"2021-01-01","value":4.84},{"date":"2022-01-01","value":4.38}],"summary":{"latest_period":"2022-01-01","latest_value":4.38,"max":8.46,"mean":5.23343,"min":3.08,"of":186,"rank":167,"trend":"falling"}}