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Facts and Figures

Opening Economies

chart es1

Average import tariffs have fallen steadily over the period, although the fall in other forms of protection has been more gradual. The World Bank has both influenced and been influenced by these developments. (See Page XIII)


Declining Import Tariffs,  But Some Regions Still Significantly Protected

figure 1 part 1

Figure 1.1: Export growth has outpaced growth in gross domestic product (GDP) over the past three decades, and average tariffs have fallen steadily globally. The Bank has both influenced and been influenced by these developments.  (see Chapter 1)


Trade-Related Bank Lending Has Varied But Trended Downward Overall

figure 3 part 1

Since reaching just over $3 billion annually in 1993, Bank lending for trade has varied, but continues a long-term pattern of decline (figure 3.1). Several concurrent events may be linked to this trend. (See Chapter 3) 



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