{"entity":{"iso2":"PG","iso3":"PNG","name":"Papua New Guinea","slug":"papua-new-guinea"},"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":"1997-01-01","value":20.21},{"date":"1999-01-01","value":20.66},{"date":"2000-01-01","value":8.11},{"date":"2001-01-01","value":7.94},{"date":"2002-01-01","value":7.44},{"date":"2003-01-01","value":6.5},{"date":"2004-01-01","value":6.47},{"date":"2005-01-01","value":6.49},{"date":"2006-01-01","value":5.28},{"date":"2007-01-01","value":5.16},{"date":"2008-01-01","value":4.99},{"date":"2009-01-01","value":5.02},{"date":"2010-01-01","value":5.15},{"date":"2012-01-01","value":5.11},{"date":"2013-01-01","value":5.12},{"date":"2018-01-01","value":5.94},{"date":"2019-01-01","value":6.57},{"date":"2020-01-01","value":4.39},{"date":"2021-01-01","value":4.28}],"summary":{"latest_period":"2021-01-01","latest_value":4.28,"max":20.66,"mean":7.41211,"min":4.28,"of":186,"rank":168,"trend":"volatile"}}