{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-most-favored-nation-weighted-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.FN.ZS","title":"Tariff rate, most favored nation, weighted mean, all products (%)","unit":"%"},"observations":[{"date":"1993-01-01","value":8.15},{"date":"1994-01-01","value":11.47},{"date":"1995-01-01","value":11.05},{"date":"1996-01-01","value":10.95},{"date":"1997-01-01","value":10.39},{"date":"1998-01-01","value":10.7},{"date":"1999-01-01","value":11.11},{"date":"2000-01-01","value":9.58},{"date":"2001-01-01","value":11.16},{"date":"2002-01-01","value":10.67},{"date":"2003-01-01","value":9.9},{"date":"2004-01-01","value":9.91},{"date":"2005-01-01","value":9.53},{"date":"2006-01-01","value":8.94},{"date":"2007-01-01","value":8.87},{"date":"2008-01-01","value":7.8},{"date":"2009-01-01","value":6.84},{"date":"2010-01-01","value":6.83},{"date":"2011-01-01","value":6.21},{"date":"2012-01-01","value":6.38},{"date":"2014-01-01","value":7.03},{"date":"2015-01-01","value":8.65},{"date":"2016-01-01","value":9.51},{"date":"2017-01-01","value":10.25},{"date":"2018-01-01","value":11.17},{"date":"2019-01-01","value":17.26},{"date":"2020-01-01","value":10.15},{"date":"2021-01-01","value":7.33},{"date":"2022-01-01","value":7.04}],"summary":{"latest_period":"2022-01-01","latest_value":7.04,"max":17.26,"mean":9.4769,"min":6.21,"of":184,"rank":94,"trend":"falling"}}