{"entity":{"iso2":"SA","iso3":"SAU","name":"Saudi Arabia","slug":"saudi-arabia"},"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":"1994-01-01","value":12.13},{"date":"1999-01-01","value":12.22},{"date":"2000-01-01","value":12.52},{"date":"2001-01-01","value":12.79},{"date":"2002-01-01","value":6.56},{"date":"2003-01-01","value":6.27},{"date":"2004-01-01","value":6.29},{"date":"2005-01-01","value":5.06},{"date":"2006-01-01","value":5.01},{"date":"2007-01-01","value":4.9},{"date":"2008-01-01","value":4.86},{"date":"2009-01-01","value":4.84},{"date":"2011-01-01","value":4.82},{"date":"2012-01-01","value":4.74},{"date":"2013-01-01","value":4.74},{"date":"2014-01-01","value":4.68},{"date":"2015-01-01","value":4.86},{"date":"2017-01-01","value":5.93},{"date":"2020-01-01","value":5.77},{"date":"2022-01-01","value":6.16}],"summary":{"latest_period":"2022-01-01","latest_value":6.16,"max":12.79,"mean":6.7575,"min":4.68,"of":186,"rank":118,"trend":"falling"}}