{"entity":{"iso2":"EU","iso3":"EUU","name":"European Union","slug":"european-union"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-most-favored-nation-simple-mean-manufactured-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MANF.SM.FN.ZS","title":"Tariff rate, most favored nation, simple mean, manufactured products (%)","unit":"%"},"observations":[{"date":"1988-01-01","value":6.07},{"date":"1989-01-01","value":6.06},{"date":"1990-01-01","value":8.51},{"date":"1991-01-01","value":7.01},{"date":"1992-01-01","value":7.11},{"date":"1993-01-01","value":7.06},{"date":"1994-01-01","value":7.0},{"date":"1995-01-01","value":6.57},{"date":"1996-01-01","value":5.63},{"date":"1997-01-01","value":5.75},{"date":"1998-01-01","value":5.14},{"date":"1999-01-01","value":4.72},{"date":"2000-01-01","value":4.54},{"date":"2001-01-01","value":4.6},{"date":"2002-01-01","value":4.77},{"date":"2003-01-01","value":4.53},{"date":"2004-01-01","value":4.26},{"date":"2005-01-01","value":4.26},{"date":"2006-01-01","value":4.25},{"date":"2007-01-01","value":4.03},{"date":"2008-01-01","value":4.03},{"date":"2009-01-01","value":4.02},{"date":"2010-01-01","value":4.22},{"date":"2011-01-01","value":4.21},{"date":"2012-01-01","value":4.2},{"date":"2013-01-01","value":4.19},{"date":"2014-01-01","value":4.18},{"date":"2015-01-01","value":4.19},{"date":"2016-01-01","value":4.13},{"date":"2017-01-01","value":4.14},{"date":"2018-01-01","value":4.12},{"date":"2019-01-01","value":4.1},{"date":"2020-01-01","value":3.96},{"date":"2021-01-01","value":4.1},{"date":"2022-01-01","value":4.03}],"summary":{"latest_period":"2022-01-01","latest_value":4.03,"max":8.51,"mean":4.96257,"min":3.96,"of":1,"rank":1,"trend":"falling"}}