{"entity":{"iso2":"AE","iso3":"ARE","name":"United Arab Emirates","slug":"united-arab-emirates"},"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":"2005-01-01","value":4.42},{"date":"2007-01-01","value":3.95},{"date":"2008-01-01","value":3.88},{"date":"2009-01-01","value":3.88},{"date":"2011-01-01","value":3.87},{"date":"2012-01-01","value":3.6},{"date":"2013-01-01","value":3.69},{"date":"2014-01-01","value":3.6},{"date":"2015-01-01","value":3.34},{"date":"2016-01-01","value":3.18},{"date":"2017-01-01","value":4.91},{"date":"2018-01-01","value":4.71},{"date":"2019-01-01","value":4.27},{"date":"2020-01-01","value":3.6},{"date":"2021-01-01","value":2.97}],"summary":{"latest_period":"2021-01-01","latest_value":2.97,"max":4.91,"mean":3.858,"min":2.97,"of":184,"rank":143,"trend":"falling"}}